About ShopLocket
ShopLocket was a Retail company based in Toronto (Canada) founded in 2011 by Andrew Louis and Katherine Hague, and was acquired by PCH in January 2014. It provides an embeddable e-commerce solution for businesses. It operates on a B2B model. ShopLocket has raised $1 million across 2 funding rounds from investors including PCH, BDC and Extreme Startups. The company is recorded as dissolved. Its focus areas include Technology, E-commerce, Platform Solutions and Embeddable Tools.
Company details
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.
- Headquarters Toronto, Canada
- Founders Andrew Louis, Katherine Hague
- Stage Acquired
- SectorsRetail
- Website shoplocket.com
- Social X Facebook
- Acquired by PCH (Jan 2014)
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 $1M
- Total Rounds 2
- Last Round Seed — $1M
- Investors Count 6
All 2 funding rounds of ShopLocket 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 |
|---|---|---|---|---|---|
| Aug 2012 | $1M | Seed | – | – | |
| Mar 2012 | Seed | – | – |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Rho is engaged in investing in innovative companies since 1981. | 1981 | rhocanada.com | New York, United States | |
Early-stage venture capital investments are provided by Relay Ventures. | relayventures.com | Toronto, Canada | ||
Global investments in tech sectors are conducted by Valar Ventures. | valar.com | New York, United States | ||
Seed & early stage tech-focused VC firm investing in geographies such as the US and Canada | evp.vc | Toronto, Canada | ||
Commercial banking services for small and medium-sized enterprises are provided. | 1944 | bdc.ca | Montreal, Canada | |
Early-stage startups are accelerated via mentorship programs in Toronto. | 2012 | extremestartups.com | Toronto, Canada | |
End-to-end product development and supply chain solutions are provided. | 1996 | pchintl.com | San Francisco, United States |
Investor details for ShopLocket
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 ShopLocket
2 people are tracked at ShopLocket (2 in leadership).
| Name | Role | Group |
|---|---|---|
Andrew Louis | Co-Founder | Leadership |
Katherine Hague | Co-Founder | Leadership |
Complete people profiles for ShopLocket
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 ShopLocket
4 dated milestones of ShopLocket across 3 years, from founding to its latest funding, stage changes and deals.
- Founded ShopLocket is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $1.0M.
- Exit Acquired by PCH.
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Frequently Asked Questions about ShopLocket
ShopLocket was founded in 2011 and raised its 1st funding round 1 year after it was founded.
ShopLocket is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
ShopLocket is a funded company, having raised a total of $1M across 2 funding rounds to date.
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.
ShopLocket has 7 investors. Key investors include PCH, BDC, Extreme Startups, Rho, and Relay Ventures.
Yes. ShopLocket was acquired by PCH in January 2014.