What is Shoppable?
Shoppable operates as a sophisticated online platform designed to streamline the digital retail experience for tech-savvy consumers. By integrating seamless interface capabilities, the company provides an efficient gateway for users to access a diverse array of products and services directly from their personal devices. Its market position is defined by a commitment to reducing friction in the purchasing process, effectively bridging the gap between consumer intent and transaction completion through advanced software solutions.
How much funding has Shoppable raised?
Shoppable has raised a total of $5M across 2 funding rounds:
Other Financing Round
$1.5M
Series A
$3.5M
Other Financing Round (2012): $1.5M with participation from On Grid Ventures
Series A (2016): $3.5M led by MI Ventures and On Grid Ventures
Key Investors in Shoppable
On Grid Ventures
On Grid Ventures is an investment firm focused on supporting early-stage B2B and consumer businesses that utilize connectivity technologies to disrupt and enhance specific markets.
MI Ventures
MI Ventures is an investment firm that partners with and advises innovative business ventures, particularly those driven by technology, providing resources and expertise across various industries.
What's next for Shoppable?
With the successful closure of its latest financing, Shoppable is poised to prioritize the enhancement of its core platform architecture and the expansion of its service offerings. The strategic focus will likely shift toward optimizing user engagement metrics and scaling its enterprise-level capabilities to meet the evolving demands of the digital marketplace. By utilizing this capital to refine its technological stack, the company aims to solidify its footprint in the retail technology sector, ensuring that its infrastructure remains resilient and highly responsive to shifting consumer behaviors in an increasingly mobile-first economy.
See full Shoppable company page
