uShip, Inc. is an Austin, Texas-based Internet company that operates uShip.com, an online marketplace for shipping services. Individuals and businesses post items they need shipped in a variety of categories, including auto transport, boat shipping, moving services, and the transport of heavy industrial equipment. Transportation service providers on uShip place competing bids for the right to haul a customers shipment. For some categories, including boats, autos and less-than-truckload (LTL) freight, customers can select an upfront quote for transport services or enter an acceptable price to be matched with a transporter. Customers can book a shipment immediately from these quotes or opt to wait for auction bids, similar to eBay’s ‘buy it now’ feature. CEO and founder Matthew Chasen developed the business plan for uShip while enrolled in the MBA program at the University of Texas McCombs School of Business with co-founders Jay Manickam and Mickey Millsap. In 2004, the uShip team competed in several business competitions, winning first prize at the University of North Texas, and runner-up at the Venture Labs Investment Competition (formerly the US MOOT Corp Competition) in 2004. Shortly thereafter, uShip.com was launched in the United States and received funding from Benchmark Capital in 2005.