Shipfusion, an eCommerce fulfillment and technology solutions provider, announced a CAD 54 million ($40 million USD) investment from Kayne Partners, a group of Kayne Anderson Capital Advisors. This funding will support Shipfusion's growth, global expansion, and technological advancements. Leon Chen of Kayne Partners will join the company's Board of Directors. The investment responds to the booming eCommerce market, which saw a 14.2 percent increase in sales in 2021, totaling $870.8 billion. Benefiting from this surge, Shipfusion's revenue tripled since the pandemic began. CEO Brandon Luft highlighted the need for integrated technology in sales channels and inventory management, combined with effective warehouse execution. Shipfusion, with distribution centers in Chicago, Los Angeles, Toronto, and a new 250,000+ square foot warehouse in Las Vegas, operates all facilities using its proprietary management systems. The company caters to both Direct-to-Consumer and Business-to-Business channels, partnering with EDI integrators like SPS Commerce. It has also focused on health and food-related eCommerce markets, offering specialized storage and tracking. Founded in 2014 by Brandon Luft and Michael Stock, Shipfusion was among the first in North America to develop its own eCommerce fulfillment technology. Initially bootstrapped, the company emphasized financial discipline. Luft praised Kayne Capital as an ideal partner for their shared perspective on sustainable growth. Leon Chen of Kayne Partners recognized Shipfusion's role in addressing industry challenges and expressed enthusiasm for the partnership's potential.