What is Shoppable?
Shoppable operates an online platform that facilitates instant shopping experiences, requiring JavaScript for its functionality. The service offers a diverse array of products and services, catering to individuals seeking convenient online purchasing options directly from their devices. Its primary clientele consists of tech-savvy users who prioritize efficiency and user-friendliness in their digital commerce interactions. The company's focus on seamless online transactions positions it within the rapidly evolving e-commerce landscape.
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. The company seeks to invest in startups that leverage advances in computing and connectivity, including AI, IoT, and peer-to-peer networks.
MI Ventures
MI Ventures is an investment firm that partners with and advises innovative business ventures, particularly those driven by technology. They focus on supporting entrepreneurs in the early stages of their companies, providing not only funding but also valuable resources and expertise across various industries.
What's next for Shoppable?
The recent major strategic investment signifies a pivotal moment for Shoppable, likely enabling the company to accelerate its growth initiatives, expand its market reach, and further develop its technological infrastructure. This capital infusion is expected to fuel innovation and solidify its competitive position. The company's trajectory suggests a focus on enhancing user experience and broadening its product or service offerings to capture a larger share of the online retail market.
See full Shoppable company page
