Sorabel Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Out of Business

  • Employees
  • 600

Employees

  • Latest Deal Type
  • 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.com
Formerly Known As
Sale Stock
Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • Jl. Mayjen DI Panjaitan No. 1C, RT 001 / RW 006 (Samping Komplek Kemhan)
  • Kelurahan Kebon Pala, Kecamatan Makasar
  • Jakarta, 13650
  • Indonesia
+62
Primary Industry
Clothing
Other Industries
Internet Retail
Vertical(s)
Corporate Office
  • Jl. Mayjen DI Panjaitan No. 1C, RT 001 / RW 006 (Samping Komplek Kemhan)
  • Kelurahan Kebon Pala, Kecamatan Makasar
  • Jakarta, 13650
  • Indonesia
+62

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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
To view Sorabel’s complete valuation and funding history, request access »

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%
To view Sorabel’s complete cap table history, request access »

Sorabel Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of an online women shopping platform intended to offer a variety of clothes at a discounted price. The company'
Clothing
Jakarta, Indonesia
600 As of 2020

Jakarta, Indonesia
 

Singapore, Singapore
 
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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
You’re viewing 5 of 7 competitors. Get the full list »

Sorabel Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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
To view Sorabel’s complete investors history, request access »

Sorabel FAQs

  • 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.

  • What industry is Sorabel in?

    Sorabel’s primary industry is Clothing.

  • 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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