ShopUp Overview

  • Status
  • Private

  • Employees
  • 702

Employees

  • Latest Deal Type
  • Debt

  • Latest Deal Amount
  • $6.5M

  • Investors
  • 14

ShopUp General Information

Description

Developer of a full-stack B2B commerce platform intended for small and medium-sized businesses. The company's platform uses technology that serves small neighborhood shops, providing access to a wide range of products, it also offers logistics services and financial credit, enabling clients to access offer products at an online platform and access logistics and credit line facilities as per business cycle requirements

Contact Information

Website
www.shopup.org
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 4th floor, SKS Tower
  • Dhaka, 1206
  • Bangladesh
+880
Primary Industry
Media and Information Services (B2B)
Other Industries
Business/Productivity Software
Other Commercial Services
Vertical(s)
Marketing Tech, TMT
Corporate Office
  • 4th floor, SKS Tower
  • Dhaka, 1206
  • Bangladesh
+880

ShopUp Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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ShopUp Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Debt - General 14-Aug-2024 $6.5M Completed Profitable
8. Debt - General 02-Feb-2023 Completed Profitable
7. Later Stage VC (Series B) 27-Jun-2022 Completed Profitable
6. Early Stage VC (Series A) 20-Oct-2020 Completed Generating Revenue
5. Early Stage VC (Series A) 19-Apr-2019 Completed Generating Revenue
4. Seed Round 12-Nov-2018 Completed Generating Revenue
3. Grant 13-May-2018 Completed Generating Revenue
2. Accelerator/Incubator 03-Oct-2017 $552K $672K Completed Generating Revenue
1. Angel (individual) 01-Dec-2015 $120K $120K Completed Startup
To view ShopUp’s complete valuation and funding history, request access »

VC Exit Predictor

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Opportunity Score

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Exit Type

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ShopUp Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a full-stack B2B commerce platform intended for small and medium-sized businesses. The company's platform u
Media and Information Services (B2B)
Dhaka, Bangladesh
702 As of 2022

Riyadh, Saudi Arabia
 

Harrison, NY
 
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ShopUp Competitors (40)

One of ShopUp’s 40 competitors is Retailo (Business/Productivity Software), a Venture Capital-Backed company based in Riyadh, Saudi Arabia.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Retailo (Business/Productivity Software) Venture Capital-Backed Riyadh, Saudi Arabia
Broadlume Private Equity-Backed Harrison, NY
SOLV Venture Capital-Backed Bangalore, India
ElasticRun Venture Capital-Backed Pune, India
RetailNext Venture Capital-Backed Campbell, CA
You’re viewing 5 of 40 competitors. Get the full list »

ShopUp 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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ShopUp Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds
MyAsiaVC Venture Capital Minority
Prosus Ventures Corporate Venture Capital Minority
Tiger Global Management Venture Capital Minority
Valar Ventures Venture Capital Minority
Lonsdale Social Innovation Capital Impact Investing Minority
You’re viewing 5 of 14 investors. Get the full list »

ShopUp Acquisitions (1)

ShopUp’s most recent deal was a Merger/Acquisition with Voonik. The deal was made on 18-Feb-2020.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Voonik 18-Feb-2020 Merger/Acquisition Internet Retail
To view ShopUp’s complete acquisitions history, request access »

ShopUp FAQs

  • Where is ShopUp headquartered?

    ShopUp is headquartered in Dhaka, Bangladesh.

  • What is the size of ShopUp?

    ShopUp has 702 total employees.

  • What industry is ShopUp in?

    ShopUp’s primary industry is Media and Information Services (B2B).

  • Is ShopUp a private or public company?

    ShopUp is a Private company.

  • What is ShopUp’s current revenue?

    The current revenue for ShopUp is .

  • How much funding has ShopUp raised over time?

    ShopUp has raised $236M.

  • Who are ShopUp’s investors?

    MyAsiaVC, Prosus Ventures, Tiger Global Management, Valar Ventures, and Lonsdale Social Innovation Capital are 5 of 14 investors who have invested in ShopUp.

  • Who are ShopUp’s competitors?

    Retailo (Business/Productivity Software), Broadlume, SOLV, ElasticRun, and RetailNext are some of the 40 competitors of ShopUp.

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