Company Overview
About Shipmates
Shipmates is a Manila-based digital freight forwarding platform providing Philippine SMBs with end-to-end access to containerized shipping, air freight, and domestic logistics services — offering an online quoting, booking, and tracking interface that previously required phone calls, email negotiations, and manual documentation with traditional freight forwarders. Founded in 2021 and backed by Y Combinator with $2.32 million raised from Unpopular Ventures and Amino Capital, Shipmates generated $6.6 million in revenue in 2024 with a 19-person team.
Business Model & Competitive Advantage
Shipmates' digital freight platform addresses the opacity and friction of traditional freight forwarding in the Philippines: importers and exporters of goods historically relied on broker relationships to access shipping rates from MSC, Maersk, and other carriers, with quotes taking days and documentation requiring physical filing. Shipmates' API integrations with carriers provide instant online quotes, online booking, and digital document management that compresses the freight procurement cycle. Philippine SMBs importing goods from China (the dominant trade corridor) and exporting handicrafts, food products, and manufactured goods benefit most.
Competitive Landscape 2025–2026
In 2025, Shipmates competes in the Philippine and Southeast Asian digital freight forwarding market with Flexport (global digital freight, SoftBank-backed), Freightos (freight marketplace), traditional Philippine freight forwarders (2GO, JAS), and emerging ASEAN digital freight platforms for SMB freight forwarding digital adoption. The Philippines' geographic character (an archipelago of 7,000+ islands) creates significant domestic logistics complexity alongside international freight — both a challenge and opportunity for digital logistics platforms. Philippine e-commerce growth (driven by Lazada, Shopee, and TikTok Shop) has increased SMB import volumes. YC's investment in Philippine logistics reflects the broader Southeast Asian logistics tech investment thesis. The 2025 strategy focuses on growing the China-Philippines import corridor, building the domestic inter-island logistics capabilities, and expanding to other ASEAN markets (Vietnam, Indonesia).
Recent Activity
View all →Key Differentiators
Emerging Innovator
Shipmates is an emerging player bringing innovative solutions to the Logistics & Supply Chain market.
Frequently Asked Questions
Estimated Visibility Trend (Beta)
Simulated 8-week rolling score
Based on estimated brand signals. Historical tracking coming soon.
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