Shipsy crosses $25M in ARR as demand for AI solutions for logistics grows
According to the Gurugram-based startup, the milestone reflects growing demand for intelligent logistics solutions amid rising labour costs and driver shortages across Europe, the UK and Australia.
Shipsy, an AI tech startup focused on the logistics segment, has crossed $25 million in Annual Recurring Revenue (ARR), more than doubling its revenue in just over a year as it sees enterprises globally accelerate the shift from legacy logistics software to AI-driven operational platforms.
According to the Gurugram-based startup, the milestone reflects growing demand for intelligent logistics solutions amid rising labour costs and driver shortages across Europe, the UK and Australia. Many enterprises continue to rely on fragmented systems, spreadsheets and legacy ERP modules to manage planning, dispatch, tracking and settlement processes, leading to inefficiencies and limited real-time visibility.
Shipsy said its platform replaces these disconnected systems with a unified AI-powered decision intelligence platform that manages logistics workflows from planning and execution to last-mile delivery and settlement. The platform has been trained on more than 250 enterprise deployments and integrates with operational systems used across supply chains.
Earlier this year, the company launched AgentFleet, a digital workforce of AI agents designed to automate customer communication, driver and dispatch operations, invoice and settlement validation, and dispute resolution.
“Crossing $25 million in ARR matters because the customers paying us are global enterprises restructuring their operations around AI, not buying another tool,” said Soham Chokshi, Co-founder and CEO of Shipsy. He added that enterprises are increasingly seeking platforms capable of acting and making operational decisions, rather than simply recording transactions.
Shipsy’s customer base includes major global enterprises such as The Coca-Cola Company, Heineken, Aramex, Nippon Express and Decathlon across Europe, the UK, Australia, the Middle East, the Americas and India.
The company reported enterprise net revenue retention of 158%, indicating strong expansion within existing customer accounts. Average new contract values have also increased more than fourfold, rising from around $71,000 to nearly $300,000.