Shipmates Raises US$ 2.2M in Seed Funding
- Shipmates, a Taguig, Philippines-based provider of a shipping platform, raised US$2.2M in Seed funding
- The round was led by Y Combinator and Iterative with participation from Cathexis Ventures, Wavemaker Partners, Taurus Ventures, Capital X, Sketchnote Partners
- The company is a shipping platform that enables online business owners to book on-demand and standard orders using multiple couriers in the Philippines
- Supan and Marquez started Ship mates back in July 2021 and launched their beta later in August that year
- Following this success, the company got accepted in SEA startup accelerator, Iterative
- The shipping aggregator then later raised $500,000 or ₱25 million in seed funding from Y Combinator
