Sorabel Overview
- Year Founded
-
2014
- Status
-
Out of Business
- Employees
-
600
- Latest Deal Type
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Liquidation
- Investors
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3
Sorabel General Information
Description
Operator of an online women shopping platform intended to offer a variety of clothes at a discounted price. The company's platform sells women's apparel and accessories by cutting overheads and minimizing intermediary costs, enabling customers to get clothes in a convenient and affordable manner.
Contact Information
Website
www.sorabel.comCorporate Office
- Jl. Mayjen DI Panjaitan No. 1C, RT 001 / RW 006 (Samping Komplek Kemhan)
- Kelurahan Kebon Pala, Kecamatan Makasar
- Jakarta, 13650
- Indonesia
Corporate Office
- Jl. Mayjen DI Panjaitan No. 1C, RT 001 / RW 006 (Samping Komplek Kemhan)
- Kelurahan Kebon Pala, Kecamatan Makasar
- Jakarta, 13650
- Indonesia
Sorabel Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Bankruptcy: Liquidation | 24-Jul-2020 | Completed | Bankruptcy: Liquidation | |||
| 4. Later Stage VC | 29-Aug-2019 | Cancelled | Generating Revenue | |||
| 3. Later Stage VC | 10-May-2019 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series B) | 16-Aug-2017 | $42M | $52M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 25-Jan-2016 | $10M | $10M | Completed | Startup |
Sorabel Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B | ||||||||
| Series A | 397,323 | $25.17 | $25.17 | 1x | $25.17 | 8.13% |
Sorabel Comparisons
Industry
Financing
Details
Sorabel Competitors (6)
One of Sorabel’s 6 competitors is Jade E-Services Singapore, a Formerly PE-Backed company based in Singapore, Singapore.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Jade E-Services Singapore | Formerly PE-Backed | Singapore, Singapore | ||||
| Modcloth | Formerly PE-Backed | Tustin, CA | ||||
| Lazada | Formerly VC-backed | Singapore, Singapore | ||||
| Zalora Indonesia | Corporate Backed or Acquired | Jakarta, Indonesia | ||||
| Bobobobo | Formerly VC-backed | Jakarta, Indonesia |
Sorabel Signals
Sorabel Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| InterVest Star SEA Growth Fund I | Corporation | Minority | ||
| Merantix Capital | Venture Capital | Minority | ||
| NCV Shift Sea I | Venture Capital | Minority |
Sorabel FAQs
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When was Sorabel founded?
Sorabel was founded in 2014.
-
Where is Sorabel headquartered?
Sorabel is headquartered in Jakarta, Indonesia.
-
What is the size of Sorabel?
Sorabel has 600 total employees.
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What industry is Sorabel in?
Sorabel’s primary industry is Clothing.
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Is Sorabel a private or public company?
Sorabel is a Private company.
-
What is Sorabel’s current revenue?
The current revenue for Sorabel is .
-
How much funding has Sorabel raised over time?
Sorabel has raised $69M.
-
Who are Sorabel’s investors?
InterVest Star SEA Growth Fund I, Merantix Capital, and NCV Shift Sea I have invested in Sorabel.
-
Who are Sorabel’s competitors?
Jade E-Services Singapore, Modcloth, Lazada, Zalora Indonesia, and Bobobobo are some of the 6 competitors of Sorabel.
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