About Shnap
Shnap is a company based in Sydney (Australia) founded in 2020 by Cayley Ostrin was acquired by Zip in October 2020.. Shnap operates in a competitive market with competitors including Syte, nyris, JustVisual, ViSenze and ImageVision, among others.
- Headquarter Sydney, Australia
- Founders Cayley Ostrin
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Sectors
Retail
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Phone
*********
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Website
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Funding Insights of Shnap
| 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 Shnap
Shnap has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Zip. 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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Payment solutions are provided for deferred purchasing by Zip.
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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Shnap
| 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 - Shnap
| 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 |
Shnap Comparisons
Competitors of Shnap
Shnap 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 Syte, nyris, JustVisual, ViSenze and ImageVision, 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 |
Visual search platform for e-commerce is provided using image recognition.
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| domain | founded_year | HQ Location |
AI-based software for object and image recognition is provided.
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| domain | founded_year | HQ Location |
Provides advanced visual search and image recognition API solutions for businesses.
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| domain | founded_year | HQ Location |
AI-based visual search and recognition tools are provided for e-tailers.
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| domain | founded_year | HQ Location |
Imaging and computer vision solutions are offered for various applications.
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| domain | founded_year | HQ Location |
Visual recognition technology for MRO parts identification is offered.
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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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Latest news on Shnap
Frequently Asked Questions about Shnap
When was Shnap founded?
Shnap was founded in 2020.
Where is Shnap located?
Shnap is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
What does Shnap do?
Shnap was founded in 2020 in Sydney, Australia, as an app-based platform in the fashion technology sector. Visual search tools powered by AI are utilized to recognize images of styles, patterns, colors, and product features, enabling matches with similar items. Operations involve aggregation of stores through an in-house web engine and affiliate network data feeds.
Who are Shnap's investors?
Shnap has 1 investor. Key investors include Zip.