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.
- Headquarter Vancouver, Canada
- Founders Thalia Otamendi
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Sectors
Consumer
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Email
***********
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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
$24.23 M (USD)
in 4 rounds
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Latest Funding Round
$2.97 M (USD), Series A
Aug 28, 2024
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Investors
BDC
& 4 more
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Employee Count
Employee Count
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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 Total Funding
- Total Rounds 4
- Last Round Series A — $3.0M
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First Round
First Round
(15 Jan 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Series A - ChopValue | Valuation | InBC |
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| Apr, 2024 | Amount | Series A - ChopValue | Valuation |
investors |
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| Apr, 2023 | Amount | Series A - ChopValue | Valuation |
investors |
| 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 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. 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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InBC Investment Corp. is focused on impact-driven investments in British Columbia.
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Founded Year | Domain | Location | |
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Early-stage climate tech companies are supported through investments.
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Founded Year | Domain | Location | |
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Fulmer & Company is engaged in family office investments.
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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 ChopValue
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - ChopValue
| 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 |
Chopvalue Comparisons
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. 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 |
Customized furniture is provided by an internet-first brand.
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| domain | founded_year | HQ Location |
Fireplaces and heaters are produced as Tulikivi's private label brand.
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| domain | founded_year | HQ Location |
Offers mattresses, bedding, and furniture through online and retail stores.
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| domain | founded_year | HQ Location |
Produces and sells durable bathroom vanities with various styles online.
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| domain | founded_year | HQ Location |
Retails contemporary furniture, decor, and home accessories through stores and online.
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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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Latest news on Chopvalue
Frequently Asked Questions about ChopValue
When was ChopValue founded?
ChopValue was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is ChopValue located?
ChopValue is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Is ChopValue a funded company?
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 Series A of $7.7M, raised on Jan 15, 2020.
What does ChopValue do?
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.
Who are the top competitors of ChopValue?
Who are ChopValue's investors?
ChopValue has 5 investors. Key investors include BDC, InBC Investment Corp., Active Impact Investments, Fulmer & Company, and Mindset Venture Group.
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