About Shareitt
Shareitt is a company based in Tel Aviv (Israel) founded in 1991 by Arie Ben David.. Shareitt has raised $2 million across 1 funding round. Shareitt offers products and services including Shareitt Communities, Shareitt Edu, and Shareitt Shopping. Shareitt operates in a competitive market with competitors including Poshmark, Nextdoor, SwapSwipe, DesAppGo and Weqasa, among others.
- Headquarter Tel Aviv, Israel
- Founders Arie Ben David
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Sectors
Retail
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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), Unspecified
Jan 03, 2021
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Investors
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Employee Count
Employee Count
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Products & Services of Shareitt
Shareitt offers a comprehensive portfolio of products and services, including Shareitt Communities, Shareitt Edu, and Shareitt Shopping. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Facilitates resource sharing and network building for various groups.
Enables peer learning and reduces bullying in school environments.
Allows exchange of pre-loved items to promote sustainability.
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Funding Insights of Shareitt
Shareitt has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $2 million completed in January 2021. 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 Unspecified — $2.0M
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First Round
First Round
(03 Jan 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Unspecified - Shareitt | 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 Shareitt
| 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 - Shareitt
| 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 |
Shareitt Comparisons
Competitors of Shareitt
Shareitt 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 Poshmark, Nextdoor, SwapSwipe, DesAppGo and Weqasa, 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 |
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| domain | founded_year | HQ Location |
Used multi-category products are traded via an app-based social marketplace.
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| domain | founded_year | HQ Location |
Neighborhood connections are facilitated via social networking and local e-commerce.
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| domain | founded_year | HQ Location |
An app-based marketplace for multi-category pre-used products, fostering community trading.
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| domain | founded_year | HQ Location |
Operates an app-based community marketplace for pre-used products across categories.
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| domain | founded_year | HQ Location |
Operates an app-based marketplace for buying and selling multi-category used products.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Shareitt
When was Shareitt founded?
Shareitt was founded in 1991 and raised its 1st funding round 30 years after it was founded.
Where is Shareitt located?
Shareitt is headquartered in Tel Aviv, Israel.
Who is the current CEO of Shareitt?
Roel Wolfert is the current CEO of Shareitt.
Is Shareitt a funded company?
Shareitt is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Unspecified of $2M, raised on Jan 03, 2021.
What does Shareitt do?
Shareitt was founded in 1991 in Tel Aviv, Israel, within the e-commerce sector focused on second-hand goods. An app-based platform is operated as a community marketplace, where pre-owned items across categories like fashion, books, electronics, and sports accessories are listed and traded. The application is accessible to users on Android and iOS devices, facilitating local exchanges in the region.
Who are the top competitors of Shareitt?
What products or services does Shareitt offer?
Shareitt offers Shareitt Communities, Shareitt Edu, and Shareitt Shopping.
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