Hong Kong’s Easyship raised pre-series A by Lamivoie, 500 Startups and IMJ to expand to Singapore and Southeast Asia
Easyship is a tech company that helps eCommerce businesses saving time and money on worldwide shipping. After a rapid growth in Hong Kong, it is now expanding its operations to Southeast Asia with Singapore as its first location. With Singapore being a major logistics hub for Southeast Asia, the company hopes to take advantage of its infrastructure and networks to aid its expansion plans in the region.
Since launching in 2015, the company has experienced exponential growth, becoming the first choice for businesses that want to expand their sales worldwide. Easyship powerful API, allows eCommerce merchants and marketplaces to integrate a seamless shipping gateway to their shipping cart, allowing them to expand their sales worldwide seamlessly.
For each order, Easyship compares all shipping couriers, and gives visibility to the buyer on delivery time, shipping cost, and taxes. Easyship integrates with more than 80 different shipping services including those from leading couriers such as DHL, FedEx and UPS, at prices discounted up to 70% compared to retail. This helps buyers to choose the best available option for a particular destination based on item specifications (type, weight and dimension) and provides visibility on delivery time, cost, reliability, and tracking.
Easyship guarantees taxes & duties for shipments worldwide based on the type of item and its customs value – making sure that eCommerce sellers never experience unexpected costs or delays with international
shipping. Since launching, Easyship has helped its clients to save up to $5,000 USD per month on shipping fees. It is completely free – customers pay only for their shipments and the platform generates all the necessary paperwork automatically.
The company adds an undisclosed amount in pre-series A funding, led by Lamivoie Capital Partners, a prominent Hong Kong based family office, and other notable investors including 500 Startups and IMJ Investment Partners, raising to date a total of 2.5M USD. Easyship co-founders: Tommaso Tamburnotti, Augustin Ceyrac and Paul Lugagne Delpon say that this round of funding will be used to fuel its growth and help the company establish its presence across Southeast Asia.