ShoeFy

San Francisco, United States Founded: 2021 • Age: 5 yrs
Shoes-based NFTs are generated and traded on an online marketplace.

About ShoeFy

ShoeFy is a Technology company based in San Francisco (United States) founded in 2021. Shoes-based NFTs are generated and traded on an online marketplace. It operates in the Technology and Financial Services sectors. ShoeFy has raised $1.75 million across 2 funding rounds from investors including Duckdao, BMW Capital and ChinaPolka. Its focus areas include FinTech, Non Fungible Tokens, Collectibles and Fashion NFTs. Its competitors include RTFKT, Endstate and HypeX; 2 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters San Francisco, United States
  • Sectors
    Technology
    Financial Services
  • Website shoefy.io
  • Social X
Key Metrics
  • Total Equity Funding
    $1.75M (USD)

    in 2 rounds

  • Latest Funding Round
    $4.72M (USD), Token Sale

    Oct 2021

  • Investors
    Duckdao

    & 5 more

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 $1.75M
  • Total Rounds 2
  • Last Round Token Sale β€” $4.72M
  • First Round $1.75M

    (Sep 2021)

  • Investors Count 6

All 2 funding rounds of ShoeFy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2021$4.72MToken Sale––
–
Sep 2021$1.75MSeed–BMW Capital, ChinaPolka
–
Valuation history

6 investors in total: 6 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
bmw-vc.com
Venture capital firm focused on blockchain sectors
oddiyana.venturesSeoul, South Korea
chinapolka.com
Blockchain focused investment firm
exnetworkcapital.com
2020duckdao.ioSt Gallen, Switzerland
ragnardi.com
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Investor details for ShoeFy

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of ShoeFy

3 dated milestones of ShoeFy, from founding to its latest funding, stage changes and deals.

  1. Founded ShoeFy is founded.
  2. Funding First funding round of $1.8M.
  3. Funding Latest funding round, Token Sale, of $4.7M.

Competitors of ShoeFy

ShoeFy has 3 listed competitors in our database, 2 of them funded. They include RTFKT, Endstate and HypeX.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
rtfkt.com2020Salt Lake, United States$8.12M
Footwear products are offered by RTFKT as a specialized brand.
endstate.io2021Boston, United States$4.24M
NFT-based trading platform for sneakers
hypex.io2021Los Angeles, United States
NFT-based design contests for digital sneakers are hosted.
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Detailed competitors of ShoeFy

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Investment & Financial Technology

3 companies that operate in the same segment as ShoeFy (Investment & Financial Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Commission-free trading and investment services are provided by Robinhood.
2013Menlo Park, California, United StatesUSD 5.58 BUSD 2.98 B4,841
Financial data and investment advisory tools are offered online.
1984Chicago, Illinois, United StatesUSD 91 MUSD 351.25 K6
App-based platform for spare change investment
2012Irvine, California, United StatesUSD 587.84 M602
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Frequently Asked Questions about ShoeFy

ShoeFy was founded in 2021.

ShoeFy is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

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 2021.

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.

ShoeFy's top competitors include RTFKT, Endstate and HypeX.

ShoeFy has 6 investors. Key investors include Duckdao, BMW Capital, ChinaPolka, Exnetwork Capital, and Ragnar Capital Management.

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