About Shangby
Shangby is a company based in Austin (United States) founded in 2006 by Stephen Bell. It operates as a B2C. Shangby has raised $1 million across 1 funding round from investors including Draper Richards and G51 Amplify. Shangby operates in a competitive market with competitors including Alibaba, JollyChic, Traetelo, CaribShopper and Dista Cart, among others.
- Headquarter Austin, United States
- Founders Stephen Bell
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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
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Series A
Jun 01, 2007
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Investors
Draper Richards
& 1 more
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Employee Count
Employee Count
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Funding Insights of Shangby
Shangby has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Series A round of $1 million completed in June 2007. 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 — $1.0M
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First Round
First Round
(01 Jun 2007)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2007 | Amount | Series A - Shangby | 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 Shangby
Shangby has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Draper Richards and G51 Amplify. 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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Early-stage Tech & Offline focused VC Firm investing in geographies such as the US
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Founded Year | Domain | Location | |
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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 Shangby
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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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.
|
2016 |
Financial Statements - Shangby
| 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 |
Shangby Comparisons
Competitors of Shangby
Shangby 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 Alibaba, JollyChic, Traetelo, CaribShopper and Dista Cart, 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 |
E-commerce platforms for retail and wholesale are operated internationally.
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| domain | founded_year | HQ Location |
Multi-category consumer products are retailed online by JollyChic.
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| domain | founded_year | HQ Location |
Cross border e-commerce platform offering US products to Latin American buyers
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| domain | founded_year | HQ Location |
Multi-category products are provided via an online cross-border marketplace platform.
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| domain | founded_year | HQ Location |
E-commerce platform selling Indian groceries, fashion, and wellness items.
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| domain | founded_year | HQ Location |
Cross-border commerce platform
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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 Shangby
When was Shangby founded?
Shangby was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Where is Shangby located?
Shangby is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Shangby a funded company?
Shangby is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Series A of $1M, raised on Jun 01, 2007.
What does Shangby do?
Shangby cross-border commerce platform utilizing personal shoppers for seamless transactions, focusing on operating online marketplaces, facilitating international trade, online shopping, and personal shopping. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Shangby?
Shangby's top competitors include JollyChic, CaribShopper and Alibaba.
Who are Shangby's investors?
Shangby has 2 investors. Key investors include Draper Richards, and G51 Amplify.
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