Cornershop Overview
- Year Founded
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2015
- Status
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Acquired/Merged
- Employees
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222
- Latest Deal Type
-
2ndary - Private
- Latest Deal Amount
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$3B
Cornershop General Information
Description
Operator of an online grocery shopping platform designed to order from several stores at once. The company's platform offers to purchase groceries online from a variety of local stores and have them delivered to the doorstep, thereby enabling customers to avail their daily essentials in a hassle-free manner.
Contact Information
Website
www.cornershopapp.comCorporate Office
- Avenida Homero 1343, Piso 4
- Polanco, Polanco II Secc
- Mexico City, 11550
- Mexico
Corporate Office
- Avenida Homero 1343, Piso 4
- Polanco, Polanco II Secc
- Mexico City, 11550
- Mexico
Cornershop Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Secondary Transaction - Private | 21-Jun-2021 | $3B | Completed | Generating Revenue | ||
| 6. Merger/Acquisition | 06-Jul-2020 | Completed | Generating Revenue | |||
| 5. Merger/Acquisition | 13-Sep-2018 | Cancelled | Generating Revenue | |||
| 4. Later Stage VC (Series C) | 01-Jan-2019 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 26-Apr-2017 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 05-Apr-2016 | $6.7M | $8.2M | Completed | Generating Revenue | |
| 1. Seed Round | 29-Jul-2015 | $1.5M | $1.5M | Completed | Generating Revenue |
Cornershop Comparisons
Industry
Financing
Details
Cornershop Competitors (6)
One of Cornershop’s 6 competitors is Samokat, a Formerly VC-backed company based in Moscow, Russia.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Samokat | Formerly VC-backed | Moscow, Russia | ||||
| Shipt | Venture Capital-Backed | Birmingham, AL | ||||
| Rosie (Internet Retail) | Formerly VC-backed | Ithaca, NY | ||||
| ShopHero | Formerly Accelerator/Incubator backed | Provo, UT | ||||
| Rappi | Private Equity-Backed | Mexico City, Mexico |
Cornershop Signals
Cornershop Former Investors (16)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Accel | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Creandum | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Endeavor Catalyst | Venture Capital | Minority |
Cornershop FAQs
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When was Cornershop founded?
Cornershop was founded in 2015.
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Where is Cornershop headquartered?
Cornershop is headquartered in Mexico City, Mexico.
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What is the size of Cornershop?
Cornershop has 222 total employees.
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What industry is Cornershop in?
Cornershop’s primary industry is Internet Retail.
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Is Cornershop a private or public company?
Cornershop is a Private company.
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What is the current valuation of Cornershop?
The current valuation of Cornershop is .
-
What is Cornershop’s current revenue?
The current revenue for Cornershop is .
-
How much funding has Cornershop raised over time?
Cornershop has raised $279M.
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Who are Cornershop’s investors?
Accel, , Creandum, , and Endeavor Catalyst are 5 of 16 investors who have invested in Cornershop.
-
Who are Cornershop’s competitors?
Samokat, Shipt, Rosie (Internet Retail), ShopHero, and Rappi are some of the 6 competitors of Cornershop.
-
When was Cornershop acquired?
Cornershop was acquired on 21-Jun-2021.
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Who acquired Cornershop?
Cornershop was acquired by Uber.
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