Buko Ventures has invested in Shipmates, a logistics platform aimed at streamlining last-mile delivery management in the Philippines.

Target Information

Shipmates is an innovative platform designed for booking and managing last-mile deliveries in the Philippines. In a rapidly evolving logistics landscape, Shipmates addresses the challenges businesses face when coordinating, booking, and tracking deliveries across multiple providers. With its integration of newly available Application Programming Interfaces (APIs) from several leading third-party logistics companies (3PLs), Shipmates acts as a central command center for managing delivery logistics efficiently.

The platform allows businesses to bulk upload a multitude of daily delivery orders, which are subsequently routed to 3PL partners based on geographical coverage, performance metrics, and pricing. Shipmates also offers APIs for tech-savvy clients seeking to automate their delivery requests and plans to introduce a user-friendly ‘no-code’ option. This dual approach caters to the varied technical capabilities of companies in the Philippines, where many lack in-house technical resources.

Industry Overview

The logistics industry in the Philippines is marked by a fragmented and complex structure, making it crucial for businesses to adopt innovative solutions. As e-commerce continues to flourish, especially among small to medium-sized enterprises leveraging pla