Shyp

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{{Infobox company

| name = Shyp

| logo = Shyp new logo.png

| logo_size = 120px

| type = Private

| fate = Dissolved on March 27, 2018

| location = San Francisco, California

| founded = ({{Start date and age|2013}}) in San Francisco, California

| founders = {{Unbulleted list|Kevin Gibbon|Joshua Scott|Jack Smith}}

| industry = Technology, Internet

| registration =

| native clients =

| area_served =

| key_people = Kevin Gibbon {{small|(CEO)}}

| defunct = {{End date|2018|03|27}}

| current_status =

| homepage = (Shut Down) [http://www.shyp.com/ shyp.com]

| footnotes = {{Cite web|url=https://medium.com/@kevingibbon/how-we-built-shyp-on-angellist-and-raised-2-1m-1c723714f713|title=How we built Shyp on AngelList and raised $2.1M|last=Gibbon|first=Kevin|date=1 October 2013|website=Medium|access-date=5 December 2018}}{{cite web|last1=Gibbon|first1=Kevin|url=https://www.linkedin.com/pulse/i-cant-wait-you-see-what-we-do-next-kevin-gibbon|title=I Can't Wait for You to See What We Do Next|publisher=LinkedIn|accessdate=28 March 2018}}

}}

Shyp was an American shipping company that operated in the years 2013–2018. The company picked up, packaged, and shipped items through USPS and other major carriers.{{cite news | url=http://mashable.com/2013/09/30/shyp/ | title=Shyp Raises $2.1 Million to Take the Pain Out of Shipping | publisher=Mashable | date=30 September 2013 | accessdate=7 November 2013 | author=Fiegerman, Seph}}

History

The company was founded in San Francisco by Kevin Gibbon, Joshua Scott and Jack Smith.{{Cite web|url=https://medium.com/@kevingibbon/how-we-built-shyp-on-angellist-and-raised-2-1m-1c723714f713|title=How we built Shyp on AngelList and raised $2.1M|last=Gibbon|first=Kevin|date=1 October 2013|website=Medium|access-date=5 December 2018}} Until 2017, the company operated in New York,{{Cite news|url = https://techcrunch.com/2014/09/29/shyp-launches-in-new-york-city-and-miami-is-next/|title = Shyp Launches In New York City, And Miami Is Next|last = Russell|first = Kyle|date = 29 September 2014|publisher = TechCrunch|accessdate = 16 October 2014}} Miami,{{Cite news|url = https://techcrunch.com/2014/11/19/shyp-launches-in-miami-prepares-for-los-angeles-launch-in-early-2015/|title = Shyp Launches In Miami, Prepares For Los Angeles In Early 2015|last = Russell|first = Kyle|date = 19 November 2014|accessdate = 21 December 2014|publisher = TechCrunch}} Los Angeles,{{Cite news|url = http://www.latimes.com/business/technology/la-fi-tn-shyp-los-angeles-20150512-story.html|title = Shyp launches in L.A. to solve 'painful' postal problem|last = Lien|first = Tracey|date = 14 May 2015|work = Los Angeles Times}} Chicago,{{cite news|url=https://venturebeat.com/2015/09/30/shyp-launches-in-chicago-its-first-city-made-up-entirely-of-w2-employees/|title=Shyp launches in Chicago|date=30 September 2015|publisher=VentureBeat|last=Yeung|first=Ken}} and Philadelphia.{{Cite news|url=http://www.businessinsider.com/shyp-closes-new-york-los-angeles-chicago-layoffs-2017-7|title=Shyp, a startup that wants to kill the post office, is scaling back operations and laying off employees|last=Heath|first=Alex|date=20 July 2017|work=Business Insider|access-date=20 July 2017}}

The company raised a total of $62.1 million in venture-capital funding, with the Series B investment led by investor Kleiner Perkins.{{cite news|url=http://fortune.com/2015/04/21/shyp-raises-50-million/|title=Fortune: Shyp, a mobile shipping app, raises $50 million|date=April 21, 2015|last1=Rao|first1=Leena|accessdate=April 5, 2016}}

In 2015, the company launched an Android app to complement its iOS app.{{cite web | url=https://techcrunch.com/2015/01/29/shyp-brings-its-on-demand-shipping-app-to-android/ | title=Shyp Brings Its On-Demand Shipping App To Android | publisher = TechCrunch |last = Russell |first = Kyle|date = 29 Jan 2015 | accessdate= 15 March 2015}} Also in that year, Shyp added "Shyp Returns" functionality to its apps whereby shoppers could return items they purchased online from select merchants, including Amazon, Target, and Nordstrom.{{cite web | url=https://techcrunch.com/2015/03/04/shyp-returns-makes-it-easy-to-send-back-stuff-you-buy-online/ | title=Shyp Returns Makes It Easy To Send Back Stuff You Buy Online | publisher = TechCrunch |last = Russell |first = Kyle|date = 4 Mar 2015 | accessdate= 15 March 2015}}

Shyp was one of the few on-demand companies made up entirely of employees, not independent contractors. In 2015, the company converted its couriers from independent contractors to full-fledged employees.Alba, Davey (July 1, 2015) [https://www.wired.com/2015/07/shyp-makes-couriers-employees-big-change/ "Shyp Makes Couriers Employees Before It's Too Big to Change."] Wired.com. (Retrieved 1-7-2016.)

In 2017, in an effort to become profitable, Shyp laid off the majority of its staff and ceased operating in New York, Los Angeles, and Chicago.{{cite news |last=McCracken |first=Harry |url=https://www.fastcompany.com/40549442/how-shyp-sunk-the-rise-and-fall-of-an-on-demand-startup |title=How Shyp Sunk: The Rise And Fall Of An On-Demand Startup |work=Fast Company |date=2018-03-27 |accessdate=2018-03-29 }} In 2018, Shyp CEO Kevin Gibbon announced that the company would shut down and lay off all its employees.{{Cite web|last=Gibbon|first=Kevin|date=March 27, 2018|url=https://www.linkedin.com/pulse/i-cant-wait-you-see-what-we-do-next-kevin-gibbon/|title=I Can't Wait for You to See What We Do Next|website=LinkedIn.com}}

References