Lehi, Utah-based BUKU Ship has landed $5 million in a Series A round of funding.
According the news release announcing the fundraising, BUKU uses artificial intelligence (AI) to help identify the best shipping alternatives across such focal points as
- Discounted postage rates,
- Shopping Cart Rate Intelligence (for domestic and international shipping),
- Analytics,
- Billing reconciliation,
- Returns,
- Parcel tracking, and
more.
The funding was led by Salt Lake City-based Pando Ventures.
BUKU got its start in 2018 and defines itself as
The eCommerce Shipping Experts.
![](https://newsroom.siliconslopes.com/content/images/2022/01/BUKU-s-dashboard-graphics--01-04-22.png)
BUKU also announced in its news release the addition of three senior executives to its team:
- Ken Muir as CEO (back in August 2021);
- David Field as Chief Revenue Officer; and
- Bryce Romney as Chief Product Officer.