About Shappi
Shappi is a company based in Los Angeles (United States) founded in 2018.. Shappi has raised $2 million across 1 funding round from investors including Sixers Innovation Lab, Westbound and Ganas Ventures. Shappi has completed 1 acquisition, including Compartomimaleta. Shappi operates in a competitive market with competitors including XtayPro, Voyship, ShipHaly, BECKFriends and Papillon Trade, among others.
- Headquarter Los Angeles, United States
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Sectors
Travel & Hospitality
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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
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Oct 12, 2022
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Investors
Sixers Innovation Lab
& 4 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Sales and Marketing
1 people
Finance and Accounting
1 people
Software Development Team
1 people
Growth Team
1 people
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Funding Insights of Shappi
Shappi has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in October 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 Seed — $2.0M
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First Round
First Round
(12 Oct 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Seed - Shappi | Valuation | Sixers Innovation Lab |
| 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 Shappi
Shappi has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Sixers Innovation Lab, Westbound and Ganas 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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Financial and social capital is invested in visionary ventures.
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Founded Year | Domain | Location | |
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Ganas Ventures is recognized as a Latina-led venture capital fund focused on early-stage startups.
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Founded Year | Domain | Location | |
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Sweater is recognized for enabling public venture capital funds.
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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 Shappi
Shappi has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Compartomimaleta. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Travelers are connected via an online P2P shipping marketplace.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Shappi
| 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 |
Shappi Comparisons
Competitors of Shappi
Shappi 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 XtayPro, Voyship, ShipHaly, BECKFriends and Papillon Trade, 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 |
Online community platform enabling cross-border shopping discovery.
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| domain | founded_year | HQ Location |
Consumers are connected with travelers for goods purchases and shipping.
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| domain | founded_year | HQ Location |
An app-based platform enabling peer-to-peer parcel deliveries.
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| domain | founded_year | HQ Location |
App-based travelers & shoppers marketplace
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| domain | founded_year | HQ Location |
Offers trade services including shelf restocking and order management for retail partners.
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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 Shappi
When was Shappi founded?
Shappi was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Shappi located?
Shappi is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Shappi a funded company?
Shappi is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Oct 12, 2022.
What does Shappi do?
Shappi was founded in 2018 in Los Angeles, United States, as an app-based marketplace in the delivery sector. Shoppers are linked with verified travelers to facilitate the transport of purchased goods. Requests for delivery are submitted by shoppers, enabling connections for product acquisition and shipment to designated addresses. Tracking features are included to monitor items until arrival. The platform operates on iOS and Android devices.
Who are the top competitors of Shappi?
Shappi's top competitors include XtayPro, Voyship and Bistip.com.
How many acquisitions has Shappi made?
Shappi has made 1 acquisition, including Compartomimaleta.
Who are Shappi's investors?
Shappi has 5 investors. Key investors include Sixers Innovation Lab, Westbound, Ganas Ventures, Sweater, and Brickyard.