News Marks ShipHero’s First Acquisition since Recent $50M Funding Round, Highlighting the Company’s Commitment to Fast, Strategic Growth
ShipHero, the leading shipping and logistics platform for over 5,000 e-commerce brands and 3PLs, today announces it has acquired Cargo Cove Fulfillment, a full service logistics company based in Jacksonville, Florida.
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One of the few full service logistics providers in Florida, Cargo Cove Fulfillment offers fulfillment and shipping services to over 50 partnering e-commerce brands, which will now be fully integrated into ShipHero’s fulfillment offering. Cargo Cove’s philosophy of making shipping and logistics easy and affordable mirrors ShipHero’s customer-centric mission, making it a seamless partnership for both parties.
Cargo Cove Fulfillment was established in 2017 to solve the problem of outsourced shipping in the e-commerce industry and has shipped over one million orders to date. Cargo Cove Fulfillment offers a range of services in picking and packing, order fulfillment, inventory management, product sourcing, prep assembly, and returns management.
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This business acquisition is crucial to building ShipHero’s fulfillment brand. The acquisition means ShipHero is now connected to the retail supply chain in Jacksonville, the most populous city in Florida. Situated along the Atlantic Ocean, ShipHero’s new location is a strategic one echoing its commitment to growth as a result of its recent $50 million round led by Riverwood Capital. ShipHero will continue to offer its dedicated customers more warehouse options across the U.S. and first-class technology solutions as the business continues to scale.
“We are thrilled to have Cargo Cove Fulfillment join ShipHero. Robert and his team are committed to excellent customer service, so it already feels like an incredibly natural integration. On top of that, the location enables us to do even more for our customers. We’ll now have a dedicated team that can reach Florida and much of the South East in the next business day,” says Aaron Rubin, Founder and CEO of ShipHero.