About ShopRite
ShopRite was established in 1979 and is based in Edison, United States. Grocery retailing forms the core of its operations, with supermarkets used to distribute food products, household essentials, and related goods. Services are provided to consumers across multiple states, emphasizing everyday shopping needs in the consumer staples sector. The domain shoprite.com supports online access to store information and services.
- Headquarter Edison, United States
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$250 K (USD), Grant
Dec 21, 2023
- Investors
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Employee Count
Employee Count
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Funding Insights of ShopRite
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $250,000
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First Round
First Round
(21 Dec 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Grant - ShopRite | 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 ShopRite
ShopRite has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include State of New Jersey. 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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Government program access and development services are provided statewide.
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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 ShopRite
| 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 - ShopRite
| 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 |
Shoprite Comparisons
Competitors of ShopRite
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 ShopRite
When was ShopRite founded?
ShopRite was founded in 1979 and raised its 1st funding round 44 years after it was founded.
Where is ShopRite located?
ShopRite is headquartered in Edison, United States. It is registered at Edison, New Jersey, United States.
What does ShopRite do?
ShopRite was established in 1979 and is based in Edison, United States. Grocery retailing forms the core of its operations, with supermarkets used to distribute food products, household essentials, and related goods. Services are provided to consumers across multiple states, emphasizing everyday shopping needs in the consumer staples sector. The domain shoprite.com supports online access to store information and services.
Who are ShopRite's investors?
ShopRite has 1 investor. Key investors include State of New Jersey.