Shyp

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Shyp
Company typePrivate
IndustryTechnology, Internet
Founded(2013; 13 years ago (2013)) in San Francisco, California
Founders
  • Kevin Gibbon
  • Joshua Scott
  • Jack Smith
DefunctMarch 27, 2018 (2018-03-27)
FateDissolved on March 27, 2018
HeadquartersSan Francisco, California
Key people
Kevin Gibbon (CEO)
Website(Shut Down) shyp.com
Footnotes / references
[1][2]

Shyp was an American shipping company that operated in the years 2013–2018. The company picked up, packaged, and shipped items through USPS and other major carriers.[3]

History

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The company was founded in San Francisco by Kevin Gibbon, Joshua Scott and Jack Smith.[1] Until 2017, the company operated in New York,[4] Miami,[5] Los Angeles,[6] Chicago,[7] and Philadelphia.[8]

The company raised a total of $62.1 million in venture-capital funding, with the Series B investment led by investor Kleiner Perkins.[9]

In 2015, the company launched an Android app to complement its iOS app.[10] Also in that year, Shyp added "Shyp Returns" functionality to its apps whereby shoppers could return items they purchased online from select merchants, including Amazon, Target, and Nordstrom.[11]

Shyp was one of the few on-demand companies made up entirely of employees, not independent contractors. In 2015, the company converted its couriers from independent contractors to full-fledged employees.[12]

In 2017, in an effort to become profitable, Shyp laid off the majority of its staff and ceased operating in New York, Los Angeles, and Chicago.[13] In 2018, Shyp CEO Kevin Gibbon announced that the company would shut down and lay off all its employees.[14][13]

References

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  12. ^ Alba, Davey (July 1, 2015) "Shyp Makes Couriers Employees Before It's Too Big to Change." Wired.com. (Retrieved 1-7-2016.)
  13. ^ a b Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
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