How Much Did ShopWare Raise?
Funding & Key Investors

ShopWare has secured significant capital, with its total funding reaching $15.4M following a recent strategic investment of $15M. This latest financing round underscores the company's established position and its trajectory for further expansion within the automotive service technology sector.

What is ShopWare?

ShopWare
SoftwareEnterprise Resource Planning (ERP)

Shop-Ware provides a comprehensive, cloud-based management software solution designed to optimize operations for auto repair shops. The platform integrates features such as online service scheduling, digital vehicle inspections, payment processing, and advanced analytics, catering to both independent and multi-location businesses. By streamlining workflows and enhancing customer communication, Shop-Ware aims to boost productivity and profitability for repair shop owners and technicians, solidifying its role as a key innovator in the auto repair software industry.

How much funding has ShopWare raised?

ShopWare has raised a total of $15.3M across 2 funding rounds:

2020

Debt

$350K

Series A

$15M

Debt (2020): $350K with participation from PPP

Series A (2020): $15M led by Insight Partners

Key Investors in ShopWare

Insight Partners

Insight Partners is a prominent venture capital firm specializing in high-growth technology and software companies, known for its operational support and strategic guidance to portfolio companies aiming for significant scale.

What's next for ShopWare?

The recent major strategic investment signals a pivotal phase for ShopWare, likely enabling accelerated product development, market penetration, and potential expansion into new service verticals or geographic regions. This capital infusion is expected to fuel the company's growth initiatives, allowing it to further enhance its platform's capabilities and solidify its competitive advantage in the enterprise-level auto repair software market.

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Frequently Asked Questions Regarding ShopWare Financial Insights

What are the most recent funding rounds that ShopWare has completed, and what were the funding rounds?
ShopWare has recently completed 2 funding rounds: Series A on Dec 3, 2020, Debt on Apr 29, 2020.
What is the total amount of funding ShopWare has raised to date?
ShopWare has raised a total of $15.3M in funding to date.
How many funding rounds has ShopWare completed?
ShopWare has completed 2 funding rounds.
How much funding did ShopWare raise in its most recent funding round?
ShopWare raised $15M in its most recent funding round.
Who are the lead investors in ShopWare's latest funding round?
The lead investor in ShopWare's latest funding round was Insight Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in ShopWare's history?
The largest funding round in ShopWare's history was $15M.
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