About ShopLocket
ShopLocket is a company based in Toronto (Canada) founded in 2011 by Andrew Louis and Katherine Hague was acquired by PCH in January 2014. It operates as a B2B. ShopLocket has raised $1 million across 2 funding rounds from investors including PCH, BDC and Extreme Startups. ShopLocket operates in a competitive market with competitors including Shopify, Weebly, Squarespace, Webs and Nuvemshop, among others.
- Headquarter Toronto, Canada
- Founders Andrew Louis, Katherine Hague
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Sectors
Retail
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Phone
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Website
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Social
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Funding Insights of ShopLocket
ShopLocket has successfully raised a total of $1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in August 2012. 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 Seed — $1.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2012 | Amount | Seed - ShopLocket | Valuation |
investors |
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| Mar, 2012 | Amount | Seed - ShopLocket | Valuation |
investors |
| 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 ShopLocket
ShopLocket has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include PCH, BDC and Extreme Startups. 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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Rho is engaged in investing in innovative companies since 1981.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are provided by Relay Ventures.
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Founded Year | Domain | Location | |
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Global investments in tech sectors are conducted by Valar Ventures.
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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 ShopLocket
| 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 - ShopLocket
| 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 |
Shoplocket Comparisons
Competitors of ShopLocket
ShopLocket 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 Shopify, Weebly, Squarespace, Webs and Nuvemshop, 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 |
E-commerce storefront solutions are provided for online businesses.
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| domain | founded_year | HQ Location |
Tools for creating websites and online stores are provided.
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| domain | founded_year | HQ Location |
Cloud-based website builder tool
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| domain | founded_year | HQ Location |
Websites are built without coding via a cloud-based drag-and-drop platform.
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| domain | founded_year | HQ Location |
SaaS solutions for e-commerce store creation and management are provided.
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| domain | founded_year | HQ Location |
Storefront solutions are provided for online businesses targeting digital customers.
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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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Frequently Asked Questions about ShopLocket
When was ShopLocket founded?
ShopLocket was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is ShopLocket located?
ShopLocket is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is ShopLocket a funded company?
ShopLocket is a funded company, having raised a total of $1M across 2 funding rounds to date.
What does ShopLocket do?
ShopLocket, established in 2011, excels in leveraging cutting-edge technology, operating online marketplaces, platform solutions, and embeddable tools. Provides an embeddable e-commerce solution for businesses. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of ShopLocket?
ShopLocket's top competitors include Shopify, Squarespace and Weebly.
Who are ShopLocket's investors?
ShopLocket has 7 investors. Key investors include PCH, BDC, Extreme Startups, Rho, and Relay Ventures.
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