What is StoreHub?
StoreHub is a technology company dedicated to building robust solutions designed to enhance business operations. The company's core mission revolves around developing high-quality technology that empowers businesses to thrive. StoreHub actively engages with its audience through its blog and social media channels, providing updates on its progress and industry insights. The company's focus on creating 'awesome' technology positions it as a key player in its sector, aiming to provide comprehensive tools for business success.
How much funding has StoreHub raised?
StoreHub has raised a total of $28.4M across 4 funding rounds:
Angel/Seed
$850K
Series A
$5.1M
Other Financing Round
$8.9M
Other Financing Round
$13.5M
Angel/Seed (2016): $850K with participation from 500.com
Series A (2018): $5.1M led by Accord Ventures, Cradle Seed Ventures, Fintonia, and Vertex Ventures
Other Financing Round (2020): $8.9M supported by Vertex Ventures
Other Financing Round (2022): $13.5M featuring OSK, Vertex Ventures, and Global 500 Environmental Forum
Key Investors in StoreHub
Accord Ventures
Accord Ventures is a venture capital firm specializing in technology, travel, e-commerce, news, and electronic sectors, based in Minato City, Japan.
Cradle Seed Ventures
Cradle Fund is dedicated to empowering early-stage startups through various programs and initiatives aimed at nurturing and investing in technology entrepreneurs and innovators. Established in 2003, it has supported over 1000 Malaysian technology-based companies, boasting the highest commercialization rate among funding agencies in the country.
Fintonia
Fintonia Group is a regional venture capital and alternative assets fund management firm with an investment focus on financial technology, particularly enterprises that advance financial inclusion for underserved consumers and businesses in emerging markets across Asia.
What's next for StoreHub?
The recent major strategic investment in StoreHub signals a pivotal moment for the company, likely indicating a phase of accelerated scaling and market penetration. This capital injection, following a history of consistent funding rounds including Series A and earlier seed financing, suggests strong investor confidence in StoreHub's business model and future prospects. The company is well-positioned to leverage this financial backing to enhance its technological offerings, expand its market reach, and potentially explore new strategic partnerships. Future developments will likely focus on solidifying its position as a leader in providing business-enhancing technology solutions.
See full StoreHub company page
