About Shopest
Shopest is a company based in Oxford (United Kingdom) founded in 2016.. Shopest has raised $130 thousand across 1 funding round from investors including MXcel. The company has 2 employees as of March 31, 2021. Shopest operates in a competitive market with competitors including Like, Goxip, TaoTaoSou, Fantasy Shopper and Botick, among others.
- Headquarter Oxford, United Kingdom
- Employees 2 as on 31 Mar, 2021
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Shopest Uk Limited
- Date of Incorporation 08 Dec, 2016
- Jurisdiction MANCHESTER, ENGLAND
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$130 K (USD)
in 1 rounds
-
Latest Funding Round
$130 K (USD), Seed
Apr 25, 2018
- Investors
-
Employee Count
2
as on Mar 31, 2021
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Shopest
Shopest has successfully raised a total of $130K through 1 strategic funding round. The most recent funding activity was a Seed round of $130 thousand completed in April 2018. 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 Seed — $130,000
-
First Round
First Round
(25 Apr 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2018 | Amount | Seed - Shopest | Valuation | MXcel |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Shopest
Shopest has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include MXcel. 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 |
|---|---|---|---|---|
|
Startups across sectors are accelerated by MXcel in Germany.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Shopest
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Shopest
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Shopest Comparisons
Competitors of Shopest
Shopest 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 Like, Goxip, TaoTaoSou, Fantasy Shopper and Botick, 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 |
Products are visually searched using image recognition technology.
|
|
| domain | founded_year | HQ Location |
Fashion apparel is discovered through images and social networking.
|
|
| domain | founded_year | HQ Location |
Functions as an image search engine specialized for e-commerce applications.
|
|
| domain | founded_year | HQ Location |
Online platform for slot games with login and registration features.
|
|
| domain | founded_year | HQ Location |
Search Engine for clothes
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Shopest
When was Shopest founded?
Shopest was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Shopest located?
Shopest is headquartered in Oxford, United Kingdom. It is registered at Oxford, Oxfordshire, United Kingdom.
Is Shopest a funded company?
Shopest is a funded company, having raised a total of $130K across 1 funding round to date. The company's 1st funding round was a Seed of $130K, raised on Apr 25, 2018.
How many employees does Shopest have?
As of Mar 31, 2021, the latest employee count at Shopest is 2.
What does Shopest do?
Shopest was founded in 2016 in Oxford, United Kingdom, as an app-based platform in the local retail sector. Customers, vendors, and service providers are connected through the app, where local vendors, product listings, and ratings can be accessed. Various local shops, including fashion retailers, sales, events, and shows, are supported. Deals and discount coupons are offered to users. The app operates on Android and iOS devices.
Who are Shopest's investors?
Shopest has 1 investor. Key investors include MXcel.