About ShopChat
ShopChat is a Retail company based in San Francisco (United States) founded in 2016, and was acquired by Viber in July 2017. Fashion products are discovered and shared via community-driven chats. ShopChat has raised $1.25 million across 1 funding round from investors including Rakuten Capital and Viber. The company was acqui-hired. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Multi Category. Its competitors include SocialLadder, The Hunt and Curate; 3 of its 3 listed competitors have raised funding.
Company details
ShopChat was founded in 2016 in San Francisco, United States, and operates as a platform in the fashion sector. Products are browsed and shared by users through integrated chats with messaging apps such as Vibe, Snapchat, WhatsApp, and Facebook Messenger. Purchases are facilitated directly on the platform, while brands are enabled to manage and optimize their chat commerce operations. An iOS mobile application is available for access.
- Headquarters San Francisco, United States
- Stage Acquired
- SectorsRetail
- Email••••••••
- Website shopchat.com
- Social LinkedIn X Facebook
- Acquired by Viber (Jul 2017)
- Total Equity Funding$1.25M (USD)
in 1 rounds
- Latest Funding Round$1.25M (USD), Seed
Mar 2017
- InvestorsRakuten Capital
& 1 more
- Acquired byViber
(Jul 2017)
Funding Insights of ShopChat
ShopChat has successfully raised a total of $1.25M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.25 million completed in March 2017. 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 $1.25M
- Total Rounds 1
- Last Round Seed — $1.25M
- First Round $1.25M
(Mar 2017)
- Investors Count 1
All 1 funding rounds of ShopChat with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2017 | $1.25M | Seed | – | – |
2 investors in total: 2 institutional.
Investors in ShopChat
ShopChat has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Rakuten Capital and Viber.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on technology, fintech, e-commerce, mobility platforms, and multiple sectors | capital.rakuten.com | Setagaya City, Japan | ||
A secure messaging and calling platform is provided by Viber. | viber.com |
Investor details for ShopChat
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.
People of ShopChat
154 people are tracked at ShopChat (55 in leadership, 12 in board & advisors, 87 in team).
| Name | Role | Group |
|---|---|---|
Amit Patel | CEO, Rakuten International | Leadership |
Yuji Kusunoki | President, Rakuten Securities | Leadership |
Zoran Stejic | General Manager, Big Data Department (bdd) | Leadership |
Hiroyuki Nagai | President, Rakuten Bank | Leadership |
Hiroshi Mikitani | Chairman, President and CEO | Leadership |
Pierre Villa | Head Of Product | Leadership |
Pratik S. | Sr Director: Quantitative Research, Data Science And Analytics | Leadership |
Hongmei Liu | Head Of Consumer Data Science | Leadership |
Takahiro Yamaya | General Manager, Data Solution Dept, Marketing Solutions Business | Leadership |
Anna Hirose | Executive Assistant To Director, Executive Vp, COO And CCO | Leadership |
Gaurav Jain | Vice President - AI And Data Products | Leadership |
Shunsuke Yazawa | Representative Director & Executive Vice President, Rakuten Mobile, Inc. | Leadership |
Hiroshi Takasawa | President, Investment & Incubation Company | Leadership |
Atsushi Tamura | Executive Officer (coo Of Rakuten Mobile / CCO Of Rakuten Symphony) | Leadership |
Ofir Eyal | CEO, Rakuten Viber | Leadership |
Ryo Matsumura | President Of Commerce & Marketing Company | Leadership |
Seiichiro Sonoda | FinTech Segment Leader & President of FinTech Group Company | Leadership |
Ting Cai | Chief Data Officer & Group Senior Managing Executive Officer Of Technology Services | Leadership |
Kentaro Hyakuno | EVP, COO & Senior Director of Group Company Division | Leadership |
Jack Shalom | Director Of Product Management | Leadership |
134 more people are available in the full profile.
Complete people profiles for ShopChat
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of ShopChat
3 dated milestones of ShopChat across 1 years, from founding to its latest funding, stage changes and deals.
- Founded ShopChat is founded.
- Funding First funding round of $1.2M.
- Exit Acquired by Viber.
Competitors of ShopChat
ShopChat has 3 listed competitors in our database, 3 of them funded. They include SocialLadder, The Hunt and Curate.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| socialladderapp.com | 2013 | Philadelphia, United States | $2.73M | Social discovery platform for brands via gamified mobile app. | ||
| thehunt.com | 2012 | San Francisco, United States | $16.2M | Products from social media photos are sourced by community members. | ||
| curate.ly | 2011 | Palo Alto, United States | $9.06M | 5 | Social image sharing platform to get curated videos, articles, and shops |
Detailed competitors of ShopChat
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 Fashion & Lifestyle E-Commerce
2 companies that operate in the same segment as ShopChat (Fashion & Lifestyle E-Commerce) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | |||
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 887 |
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Frequently Asked Questions about ShopChat
ShopChat was founded in 2016 and raised its 1st funding round 1 year after it was founded.
ShopChat is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
ShopChat is a funded company, having raised a total of $1.25M across 1 funding round to date. The company's 1st funding round was a Seed of $1.25M, raised on Mar 2017.
ShopChat was founded in 2016 in San Francisco, United States, and operates as a platform in the fashion sector. Products are browsed and shared by users through integrated chats with messaging apps such as Vibe, Snapchat, WhatsApp, and Facebook Messenger. Purchases are facilitated directly on the platform, while brands are enabled to manage and optimize their chat commerce operations. An iOS mobile application is available for access.
ShopChat's top competitors include Curate, SocialLadder and The Hunt.
ShopChat has 2 investors. Key investors include Rakuten Capital, and Viber.
Yes. ShopChat was acquired by Viber in July 2017.