Siftly Analysis: $500K Raised
What is Siftly?
Siftly enables D2C brands to reduce shipping costs, accelerate deliveries, and minimize cancellations by fulfilling orders from the nearest warehouse.
Employees
2
Founded
2021
Revenue
<$5 Million
Investors
- Y Combinator
- TDV Partners
Product Features & Capabilities
- Cut shipping costs, optimize fulfillment, track savings in real time, state-wise breakdown of order fulfillment, data-backed recommendations for stocking SKUs.
How much Siftly raised
Pre-Seed - $500,000
March 29, 2022Lead Investor: TDV Partners, Y Combinator
Who are the founders of Siftly
CP
Chalam PVS
CEO and Co-founder
SM
Sandilya Miduthuri
Co-founder
Market Focus
Siftly primarily focuses on the logistics and supply chain industry, specifically targeting direct-to-consumer (D2C) brands to optimize shipping costs and delivery efficiency.
Competitors Overview
Siftly operates in the D2C (Direct-to-Consumer) shipping and logistics market, focusing on helping brands reduce shipping costs, speed up deliveries, and minimize cancellations by fulfilling orders from the nearest warehouse. Its main competitors include:
- ShipBob: Known for its next-day deli
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