VeriShip Receives Strategic Investment from Summit Partners
Vista Point Advisors is pleased to announce a major growth investment in VeriShip by Summit Partners. Vista Point Advisors acted as the exclusive financial advisor to VeriShip.
VeriShip, the leader in parcel shipping intelligence, delivers data-driven satisfaction to more than 3,300 businesses through cost savings, fulfillment of parcel carrier promises, and happier customers – quickly, conveniently, and risk-free. VeriShip's Parcel Intelligence Platform and Carrier Contract Engineering empower businesses with a 3D Approach – data, diagnosis, and design – to parcel shipping optimization that starts with the audit, then goes beyond. Actionable data insights drive intelligent decision making, while on-demand monitoring of key performance indicators ensures 360-degree visibility and parcel accountability.
About Summit Partners:
Founded in 1984, Summit Partners is a global alternative investment firm that is currently managing more than $19 billion in capital dedicated to growth equity, fixed income and public equity opportunities. Summit invests across growth sectors of the economy and has invested in more than 500 companies in technology, healthcare, consumer and other growth industries. Summit has partnered with more than two dozen companies across the e-commerce and consumer landscape, including Club Champion, Morphe, Philz Coffee, Quay Eyewear, Reverb.com, Sezane, onXmaps, TinyPrints and Physicians Formula. Summit maintains offices in North America and Europe and invests in companies around the world.
About Vista Point Advisors:
Vista Point Advisors is a boutique investment bank that focuses on advising middle-market companies in the Software, Mobile, and Internet / Digital Media industries. Our strategy is to partner with growing and profitable businesses that are interested in understanding their options in the marketplace. We focus exclusively on sell-side M&A and capital raising transactions. Vista Point Advisors is headquartered in San Francisco, California.