About Shopmatic
Shopmatic is a company based in Singapore (Singapore) founded in 2014 by Kris Chen was acquired by MatchMove in May 2022. Shopmatic has raised $20.71 million across 6 funding rounds from investors including MatchMove, Brandify and StartupSpaze. The company has 54 employees as of April 02, 2024. Shopmatic has completed 3 acquisitions, including CombineSell, Five Times Ruby Professional Program Educational Institution and Octopus. Shopmatic operates in a competitive market with competitors including Cart.com, AnyMind Group, BigCommerce, ANS Commerce and CommerceIQ, among others.
- Headquarter Singapore, Singapore
- Employees 54 as on 02 Apr, 2024
- Founders Kris Chen
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name One Matchmove Private Limited
- Date of Incorporation 23 Jul, 2015
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$729.06 K (USD)-3.88as on Mar 31, 2023
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Net Profit
-$395.04 K (USD)13.37as on Mar 31, 2023
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EBITDA
-$385.35 K (USD)14.51as on Mar 31, 2023
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Total Equity Funding
$20.71 M (USD)
in 6 rounds
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Latest Funding Round
$353.26 K (USD), Series B
Apr 16, 2020
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Investors
MatchMove
& 37 more
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Employee Count
54
as on Apr 02, 2024
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Investments & Acquisitions
CombineSell
& 2 more
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Acquired by
MatchMove
(May 22, 2022)
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People of Shopmatic
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Funding Insights of Shopmatic
Shopmatic has successfully raised a total of $20.71M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $353.26 thousand completed in April 2020. 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.
Investors in Shopmatic
Shopmatic has secured backing from 38 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include MatchMove, Brandify and StartupSpaze.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is provided to multiple sectors by August One.
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Location-based digital marketing tools are offered for multi-location brands.
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Investor details for Shopmatic
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Shopmatic
Shopmatic has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CombineSell, Five Times Ruby Professional Program Educational Institution and Octopus.
Investment portfolio details for Shopmatic
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- Portfolio identities
- Transaction dates
- Round details
- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Multichannel selling is facilitated by cloud-based software for retailers.
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Locked | Locked | 2017 | Locked | |
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Professional education courses are offered through specialized programs.
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Locked | Locked | 2014 | Locked | |
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Point-of-Sale solutions are offered for brick-and-mortar businesses.
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Locked | Locked | 2002 | Locked |
Complete acquisition details for Shopmatic
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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- Acquired stakes
- Disclosed values
- Domains and locations
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Financial Statements - Shopmatic
Detailed financials for Shopmatic
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Shopmatic Comparisons
Peer comparison for Shopmatic
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- Named peers
- Headcount comparison
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Competitors of Shopmatic
Shopmatic 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 Cart.com, AnyMind Group, BigCommerce, ANS Commerce and CommerceIQ, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Software suite solutions are provided for e-commerce businesses.
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Platforms for e-commerce, marketing, and manufacturing are provided.
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SaaS-based software suites for e-commerce operations are provided.
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E-commerce solutions and logistics are provided for online businesses.
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AI platform for retail ecommerce management and optimization is provided.
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Software suite solutions are provided for brands and e-commerce businesses.
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Detailed competitors of Shopmatic
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- Domains and locations
- Full company profiles
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Latest news on Shopmatic
Complete news archive for Shopmatic
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- Source and publication date
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Frequently Asked Questions about Shopmatic
Shopmatic was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Shopmatic is headquartered in Singapore, Singapore.
Shopmatic is a funded company, having raised a total of $20.71M across 6 funding rounds to date.
As of Apr 02, 2024, the latest employee count at Shopmatic is 54.
Annual revenue of Shopmatic is $729.06K as on Mar 31, 2023.
Shopmatic was founded in 2014 in Singapore as a provider in the e-commerce sector. An integrated cloud-based platform is offered for product listings, alongside payments and logistics support. Features such as marketing tools, CRM, reporting, and analytics are incorporated. Sales on external online platforms and marketplaces are facilitated for e-tailers. Operations center on enabling digital commerce solutions across regions.
Shopmatic's top competitors include CommerceIQ, Cart.com and aCommerce.
Shopmatic has made 3 acquisitions, including CombineSell, Five Times Ruby Professional Program Educational Institution, and Octopus.