About ShoeFy
ShoeFy is a company based in San Francisco (United States) founded in 2021.. ShoeFy has raised $1.75 million across 2 funding rounds from investors including Duckdao, BMW Capital and ChinaPolka. ShoeFy operates in a competitive market with competitors including RTFKT, Gritti, Endstate, HypeX and HypeSneakrs, among others.
- Headquarter San Francisco, United States
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Sectors
TechnologyFinancial Services
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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
$1.75 M (USD)
in 2 rounds
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Latest Funding Round
$4.72 M (USD), Token Sale
Oct 20, 2021
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Investors
Duckdao
& 5 more
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Employee Count
Employee Count
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Funding Insights of ShoeFy
ShoeFy has successfully raised a total of $1.75M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $4.72 million completed in October 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 2
- Last Round Token Sale — $4.7M
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First Round
First Round
(21 Sep 2021)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Token Sale - ShoeFy | Valuation |
investors |
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| Sep, 2021 | Amount | Seed - ShoeFy | Valuation | BMW Capital , ChinaPolka |
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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 |
Investors in ShoeFy
ShoeFy has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Duckdao, BMW Capital and ChinaPolka. 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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Founded Year | Domain | Location | |
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Venture capital firm focused on blockchain sectors
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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 ShoeFy
| 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 - ShoeFy
| 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 |
Shoefy Comparisons
Competitors of ShoeFy
ShoeFy 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 RTFKT, Gritti, Endstate, HypeX and HypeSneakrs, 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 |
Footwear products are offered by RTFKT as a specialized brand.
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| domain | founded_year | HQ Location |
Online platform for collectible NFT based on sneakers
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| domain | founded_year | HQ Location |
NFT-based trading platform for sneakers
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| domain | founded_year | HQ Location |
NFT-based design contests for digital sneakers are hosted.
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| domain | founded_year | HQ Location |
Functions as an online marketplace for sneakers utilizing blockchain technology.
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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 ShoeFy
When was ShoeFy founded?
ShoeFy was founded in 2021.
Where is ShoeFy located?
ShoeFy is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is ShoeFy a funded company?
ShoeFy is a funded company, having raised a total of $1.75M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.75M, raised on Sep 21, 2021.
What does ShoeFy do?
ShoeFy was founded in 2021 in San Francisco, United States, as an online marketplace focused on the NFT sector. Shoes-based NFTs, termed sNFTs and stored as ERC-721 tokens, are generated and purchased through the platform. DeFi tools including staking, farming, and on-chain minting are offered to users. Royalties are distributed to initial buyers during secondary market sales. Operations center on blockchain-based transactions in the digital collectibles industry.
Who are ShoeFy's investors?
ShoeFy has 6 investors. Key investors include Duckdao, BMW Capital, ChinaPolka, Exnetwork Capital, and Ragnar Capital Management.