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ShipBob CEO Dhruv Saxena and president Divey Gulati (ShipBob) ShipBob, a logistics company that provides shipping and delivery services for e-commerce companies, raised another $200 million in funding, taking the company to virtual unicorn status. The Chicago-based firm raised the money in a rare Series E round led by Bain Capital Venture, which has been investing in the 7-year-old business since 2017. Softbank, Menlo Ventures, Hyde Park Venture Partners, Hyde Park Angels and Silicon Valley Bank also participated in the round that pushed ShipBob’s valuation to $1 billion. The funding comes only nine months after ShipBob – which means “Bends Over Backward for SHIPping” – secured $68 million in a Series D round led by Softbank’s Vision Fund 2. All rounds have raised $330.5 million, the company said.

Hyde parkUnited statesDivey gulatiDivey gulati shipbobAjay agarwalDhruv saxenaSilicon valley bankSoftbank vision fundBain capital ventureMenlo venturesHyde park venture partnersHyde park angelsOver backwardVision fundExecutive dhruv saxenaBlack friday