Sorabel Overview
- Year Founded
-
2014
- Status
-
Out of Business
- Employees
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600
- Latest Deal Type
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Liquidation
- Investors
-
4
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 (Series C) | 29-Aug-2019 | Cancelled | Generating Revenue | |||
3. Later Stage VC (Series C) | 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 (7)
One of Sorabel’s 7 competitors is Berrybenka, a Private Equity-Backed company based in Jakarta, Indonesia.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Berrybenka | Private Equity-Backed | Jakarta, Indonesia | ||||
Zalora | Formerly PE-Backed | Singapore, Singapore | ||||
Lazada | Venture Capital-Backed | Singapore, Singapore | ||||
Bobobobo | Formerly VC-backed | Jakarta, Indonesia | ||||
HijUp | Formerly VC-backed | Jakarta Selatan, Indonesia |
Sorabel Signals
Sorabel Investors (4)
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 | ||
GEC | PE/Buyout | Minority |
Sorabel FAQs
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When was Sorabel founded?
Sorabel was founded in 2014.
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Where is Sorabel headquartered?
Sorabel is headquartered in Jakarta, Indonesia.
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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, NCV Shift Sea I, and GEC have invested in Sorabel.
-
Who are Sorabel’s competitors?
Berrybenka, Zalora, Lazada, Bobobobo, and HijUp are some of the 7 competitors of Sorabel.
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