BUKU Ship Lands $5 Million Series A Round of Funding

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.
Image captured from the BUKU website 4 January 2022.

BUKU also announced in its news release the addition of three senior executives to its team:

  1. Ken Muir as CEO (back in August 2021);
  2. David Field as Chief Revenue Officer; and
  3. Bryce Romney as Chief Product Officer.