How Much Did ShopSite Raise?
Funding & Key Investors

ShopSite has secured $132K in total capital, with its most recent financing round bringing in $132K in a major strategic investment. This significant backing underscores the company's established position in the e-commerce software sector.

What is ShopSite?

ShopSite
SoftwareFinancial Software

Founded in 1996 and headquartered in Orem, Utah, ShopSite provides essential software and online platforms designed to empower small-to-medium-sized businesses in their e-commerce endeavors. The company's offerings facilitate online store management and sales, catering to a broad segment of the SMB market seeking robust digital commerce solutions.

How much funding has ShopSite raised?

ShopSite has raised a total of $132K across 1 funding round:

2021

Debt

$132K

Debt (2021): $132K with participation from PPP

Key Investors in ShopSite

PPP

Public-Private Partnership

What's next for ShopSite?

The recent strategic investment signals a phase of accelerated growth and potential expansion for ShopSite. This capital infusion is likely to be directed towards enhancing its software capabilities, broadening its market reach, and potentially exploring new technological integrations to further support its SMB clientele in an increasingly competitive online retail landscape. The company's long history suggests a stable foundation for leveraging this new financing to solidify its market leadership.

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Frequently Asked Questions Regarding ShopSite Financial Insights

What are the most recent funding rounds that ShopSite has completed, and what were the funding rounds?
ShopSite has recently completed 1 funding rounds: Debt on Jan 27, 2021.
What is the total amount of funding ShopSite has raised to date?
ShopSite has raised a total of $132K in funding to date.
How many funding rounds has ShopSite completed?
ShopSite has completed 1 funding rounds.
How much funding did ShopSite raise in its most recent funding round?
ShopSite raised $132K in its most recent funding round.
Who are the lead investors in ShopSite's latest funding round?
The lead investor in ShopSite's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in ShopSite's history?
The largest funding round in ShopSite's history was $132K.
See more information about ShopSite