ChopValue

Vancouver, Canada Founded: 2016 • Age: 10 yrs
Multi-category home improvement products are retailed online from recycled chopsticks.

About ChopValue

ChopValue is a company based in Vancouver (Canada) founded in 2016 by Thalia Otamendi. ChopValue has raised $24.23 million across 4 funding rounds from investors including BDC, InBC Investment Corp and Active Impact Investments. ChopValue operates in a competitive market with competitors including Cozey, Tulikivi, Sleep Factory, Teodor Vanities and Maison Corbeil, among others.

Key Metrics
  • Total Equity Funding
    $24.23M (USD)

    in 4 rounds

  • Latest Funding Round
    $2.97M (USD), Series A

    Aug 2024

  • Investors
    BDC

    & 4 more

Apps and channels of ChopValue

its YouTube channel ChopValue has 481 subscribers and 18 videos.

ChopValue
YouTube 481 subscribers 18 videos Howto & Style
Open channel

Videos from ChopValue

The most watched videos on ChopValue's YouTube channel, ChopValue (481 subscribers). Click a video to play it here.

How It's Made — Workstation Desk
11.8K views
One Chopstick at a Time - ChopValue
11.5K views
From Chopsticks to a SMILE
11K views
100M Chopsticks Recycled... and Counting!
3.5K views

More on ChopValue.

Funding Insights of ChopValue

ChopValue has successfully raised a total of $24.23M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $2.97 million completed in August 2024. 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 $24.23M
  • Total Rounds 4
  • Last Round Series A — $2.97M
  • First Round $2.65M

    (Jan 2020)

  • Investors Count 5

All 4 funding rounds of ChopValue with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2024$2.97MSeries A–InBC
–
Apr 2024$10.91MSeries A––
–
Apr 2023$7.7MSeries A––
Jan 2020$2.65MSeed–Active Impact Investments, Fulmer & Company
–
Valuation history

5 investors in total: 5 institutional.

Investors in ChopValue

ChopValue has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include BDC, InBC Investment Corp and Active Impact Investments.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
InBC Investment Corp. is focused on impact-driven investments in British Columbia.
–inbcinvestment.comCanada
Early-stage climate tech companies are supported through investments.
–activeimpactinvestments.comCanada
Fulmer & Company is engaged in family office investments.
–fulmerandco.comVancouver, Canada
Early-stage tech startups are funded by Mindset Venture Group.
–mindsetventuregroup.comVancouver, Canada
Commercial banking services for small and medium-sized enterprises are provided.
1944bdc.caMontreal, Canada
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Investor details for ChopValue

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  • Round participation
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People of ChopValue

1 people are tracked at ChopValue (1 in leadership).

NameRoleGroup
Thalia Otamendi
Co-FounderLeadership
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Complete people profiles for ChopValue

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Timeline of ChopValue

3 dated milestones of ChopValue across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded ChopValue is founded.
  2. Funding First funding round of $2.6M.
  3. Funding Latest funding round, Series A, of $3.0M.

Competitors of ChopValue

ChopValue 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 Cozey, Tulikivi, Sleep Factory, Teodor Vanities and Maison Corbeil, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cozey.ca2020Montreal, Canada$12M–
Customized furniture is provided by an internet-first brand.
tulikivi.com1979Charlottesville, United States–210
Fireplaces and heaters are produced as Tulikivi's private label brand.
sleepfactory.com1978Woodbridge, Canada––
Offers mattresses, bedding, and furniture through online and retail stores.
teodorvanities.com2014Winnipeg, Canada–25
Produces and sells durable bathroom vanities with various styles online.
maisoncorbeil.com1973Montreal, Canada––
Retails contemporary furniture, decor, and home accessories through stores and online.
wrmth.ca2020Toronto, Canada$983,775–
Outdoor heating furniture chairs are provided by an internet-first brand.
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Detailed competitors of ChopValue

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of ChopValue

The website of ChopValue (chopvalue.com) receives about 12.8K visits a month.

  • Monthly visits
    12.8K

    ▼ 6.3% vs previous month

Latest news on Chopvalue

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Complete news archive for ChopValue

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to ChopValue

10 companies that operate in the same segment as ChopValue (Home & Living Products), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of interior design and renovation services for homes and offices
2014Bengaluru, Karnataka, IndiaUSD 527.28 M––
App based platform to connect users with local service professionals
2008San Francisco, California, United StatesUSD 698.85 M––
Provider of FMCG conglomerate products
1837United States–USD 457.23 M923
Multi-category products are rented via subscription model.
2014Bengaluru, Karnataka, IndiaUSD 58.71 MUSD 14.82 M422
Multi-category home improvement products are sold online by Wayfair.
2002Boston, Massachusetts, United StatesUSD 523.3 MUSD 12.46 B13,500
AI-enabled smart mattress covers and thermoregulated bedding are provided.
2014New York, New York, United StatesUSD 325.12 M–61
Multi-category home improvement products are sold through an internet-first brand.
2010London, England, United KingdomUSD 135.9 M––
Developer and manufacturer of heating, ventilation, air conditioning and refrigeration equipment
1924Osaka, Osaka Prefecture, Japan–USD 29.47 B96,337
Mattresses and bedding are provided by an internet-first brand.
2014New York, New York, United StatesUSD 341.3 M––
Internet-first brand offering multi-category home furniture
2012Bengaluru, Karnataka, IndiaUSD 108.06 MUSD 26.92 B43,024
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Frequently Asked Questions about ChopValue

ChopValue was founded in 2016 and raised its 1st funding round 4 years after it was founded.

ChopValue is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.

ChopValue is a funded company, having raised a total of $24.23M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.65M, raised on Jan 2020.

ChopValue was established in 2016 in Vancouver, Canada, as an online retailer in the home improvement sector. A range of products, including homeware, decor items, cabinets, storage solutions, and furniture, is provided through its e-commerce platform. All items are manufactured from recycled disposable chopsticks. Operations focus on sustainable sourcing and direct-to-consumer sales via chopvalue.com.

ChopValue's top competitors include Tulikivi, Cozey and Wrmth.

ChopValue has 5 investors. Key investors include BDC, InBC Investment Corp, Active Impact Investments, Fulmer & Company, and Mindset Venture Group.

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