About BestVendor
BestVendor is a company based in New York (United States) founded in 2011 was acquired by Docstoc in August 2013.. BestVendor has raised $4.15 million across 2 funding rounds from investors including SoftBank Group, Lerer Hippeau and RRE Ventures. BestVendor operates in a competitive market with competitors including Quid, Information Services Group, IDTechEx, Ventana Research and NelsonHall, among others.
- Headquarter New York, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.15 M (USD)
in 2 rounds
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Latest Funding Round
$3.55 M (USD), Series A
Dec 20, 2011
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Investors
SoftBank Group
& 5 more
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Employee Count
Employee Count
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Acquired by
Docstoc
(Aug 26, 2013)
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Funding Insights of BestVendor
BestVendor has successfully raised a total of $4.15M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.55 million completed in December 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $3.5M
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First Round
First Round
(05 Jul 2011)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2011 | Amount | Series A - BestVendor | Valuation | RRE Ventures | |
| Jul, 2011 | Amount | Seed - BestVendor | Valuation | SoftBank Capital , Lerer Hippeau |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BestVendor
BestVendor has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include SoftBank Group, Lerer Hippeau and RRE Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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VC firm investing in seed and early stage companies in the US
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Founded Year | Domain | Location | |
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USA focused VC firm investing in seed and early stage startups
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Founded Year | Domain | Location | |
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Early-stage investments are provided to transformative technology companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BestVendor
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BestVendor
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bestvendor Comparisons
Competitors of BestVendor
BestVendor operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Quid, Information Services Group, IDTechEx, Ventana Research and NelsonHall, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Consumer and market intelligence is provided via AI platform.
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| domain | founded_year | HQ Location |
Research and advisory services are provided to optimize technology operations.
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| domain | founded_year | HQ Location |
Market research and advisory on emerging technologies are provided.
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| domain | founded_year | HQ Location |
Market research and advisory services for technology are provided.
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| domain | founded_year | HQ Location |
Offers research programs, consulting, and insights for BPS and IT outsourcing services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about BestVendor
When was BestVendor founded?
BestVendor was founded in 2011.
Where is BestVendor located?
BestVendor is headquartered in New York, United States. It is registered at New York, New York, United States.
Is BestVendor a funded company?
BestVendor is a funded company, having raised a total of $4.15M across 2 funding rounds to date. The company's 1st funding round was a Seed of $600K, raised on Jul 05, 2011.
What does BestVendor do?
BestVendor was founded in 2011 in New York, United States, as a platform enabling professionals to share recommendations and reviews for work-related software and services. Operations focused on creating a specialized exchange similar to review systems in other sectors. The company was acquired by DocStoc in 2013, concluding its independent activities in the tech recommendation industry.
Who are the top competitors of BestVendor?
BestVendor's top competitors include Quid, Information Services Group and IDTechEx.
Who are BestVendor's investors?
BestVendor has 6 investors. Key investors include SoftBank Group, Lerer Hippeau, RRE Ventures, SoftBank, and SV Angel.
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