About CornerUp
CornerUp is a company based in New York (United States) founded in 2021.. CornerUp has raised $7.48 million across 1 funding round. CornerUp operates in a competitive market with competitors including Cheetah, Crafty, The Chefs Warehouse, Lumi and Impacked, among others.
- Headquarter New York, United States
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Sectors
Retail
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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
$7.48 M (USD)
in 1 rounds
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Latest Funding Round
$7.48 M (USD), Series A
Jul 21, 2022
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Investors
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Employee Count
Employee Count
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Funding Insights of CornerUp
CornerUp has successfully raised a total of $7.48M through 1 strategic funding round. The most recent funding activity was a Series A round of $7.48 million completed in July 2022. 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 1
- Last Round Series A — $7.5M
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First Round
First Round
(21 Jul 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series A - CornerUp | Valuation |
investors |
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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 |
Investments & Acquisitions by CornerUp
| 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 - CornerUp
| 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 |
Cornerup Comparisons
Competitors of CornerUp
CornerUp 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 Cheetah, Crafty, The Chefs Warehouse, Lumi and Impacked, 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 |
Groceries for restaurants are sourced via an online platform.
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| domain | founded_year | HQ Location |
Crafty is engaged in providing office food and beverage solutions.
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| domain | founded_year | HQ Location |
Multi-category grocery products are offered via an online B2B platform.
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| domain | founded_year | HQ Location |
Buyers and manufacturers are connected through a packaging marketplace platform.
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| domain | founded_year | HQ Location |
Online marketplace for packaging products is facilitated.
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| domain | founded_year | HQ Location |
Inventory management software is provided for e-commerce operations.
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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 CornerUp
When was CornerUp founded?
CornerUp was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is CornerUp located?
CornerUp is headquartered in New York, United States. It is registered at New York, New York, United States.
Is CornerUp a funded company?
CornerUp is a funded company, having raised a total of $7.48M across 1 funding round to date. The company's 1st funding round was a Series A of $7.48M, raised on Jul 21, 2022.
What does CornerUp do?
CornerUp was established in 2021 in New York, United States, as an electronic distributor focused on grocery items. A range of products, such as aerated drinks, biscuits, wafers, ice creams, milk, butter, cookies, and grains, is maintained in the catalog. Operations are supported by a mobile application accessible on Android and iOS devices, enabling user transactions in the sector.
Who are the top competitors of CornerUp?
CornerUp's top competitors include Crafty, Cheetah and The Chefs Warehouse.