What is shopperplus?
Founded in 2007, Shopperplus has evolved into a comprehensive online retail platform specializing in essential office infrastructure. Its product catalog spans ink and toner cartridges, high-performance printers, office supplies, and a wide array of connectivity hardware, including cables, adapters, and mobile accessories. By maintaining a robust digital storefront, the company serves as a critical link in the supply chain for remote workers and small-to-medium enterprises across Canada. The firm's market position is defined by its commitment to accessibility and inventory depth, allowing it to compete effectively against larger, traditional retail incumbents through a streamlined, direct-to-consumer e-commerce strategy.
How much funding has shopperplus raised?
shopperplus has raised a total of $15.9M across 1 funding round:
Series A
$15.9M
Series A (2021): $15.9M with participation from National Bank, Celtic House Venture Partners, and Celtic House Asia Partners
Key Investors in shopperplus
National Bank
National Bank is a customer-focused financial institution committed to empowering individuals, businesses, and communities through personalized service and innovative financial solutions.
Celtic House Venture Partners
Celtic House Venture Partners specializes in early growth equity investments, focusing on AI-driven technology companies and supporting founders with proven product-market fit.
Celtic House Asia Partners
Celtic House Asia Partners collaborates with mission-driven founders to create category-defining companies across diverse sectors including food tech and spatial data management.
What's next for shopperplus?
With the successful closure of this major strategic investment, Shopperplus is expected to prioritize technological integration and operational efficiency. The company's roadmap likely includes the deployment of advanced inventory management systems and the potential expansion of its logistics network to reduce fulfillment times. As the e-commerce landscape continues to shift toward rapid delivery and personalized customer experiences, Shopperplus will likely utilize these funds to fortify its competitive moat. Furthermore, the involvement of seasoned institutional backers suggests a focus on long-term sustainability and potential market consolidation, positioning the company to capture a larger share of the digital office supply market as it scales its operations to meet increasing demand.
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