Thursday, November 14, 2024
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New York

AfterShip: Raises $66M in Series B Funding

  • AfterShip, a Hong Kong-based tracking platform for e-commerce businesses, raised $66m in Series B financing
  • The round was led by Tiger Global with participation from Hillhouse Capital’s venture arm GL Ventures
  • The company intends to use the funds to increase international hiring, develop new e-commerce products, and continue US market penetration
  • AfterShip provides shipping and tracking solutions for businesses ranging from home entrepreneurs to multinational corporations
  • Profitable since its launch, the company has grown to handle more than 6 billion shipments annually through more than 740 partner carriers without sales or marketing support
  • In addition to its shipment tracking platform, AfterShip features apps that service customers from the beginning through the end of their purchasing journey

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