About Shopstar
Shopstar is a company based in Cape Town (South Africa) founded in 2013 by Jens Herf. It operates as a SaaS, and Marketplace. Shopstar offers products and services including Shopstar Builder, Dropshipping Marketplace, and Boost Marketing. Shopstar operates in a competitive market with competitors including Shopify, Diageo, Distell, FRONTASTIC and Prosperna, among others.
- Headquarter Cape Town, South Africa
- Founders Jens Herf
-
Sectors
RetailConsumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
NONA
& 2 more
-
Employee Count
Employee Count
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
Products & Services of Shopstar
Shopstar offers a comprehensive portfolio of products and services, including Shopstar Builder, Dropshipping Marketplace, and Boost Marketing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
No-code tool for creating and customizing online stores quickly.
System for selling products via dropshipping without inventory management.
Features to promote and grow online sales through various channels.
Funding Insights of Shopstar
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series A - Shopstar | Valuation | Launch Africa |
|
| Jul, 2016 | Amount | Seed - Shopstar | Valuation |
investors |
| 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 Shopstar
Shopstar has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include NONA, Launch Africa and KAMERS/Makers. 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 |
|---|---|---|---|---|
|
Venture capital fund focused on tech companies
|
Founded Year | Domain | Location | |
|
South African artisan talents are showcased through curated events.
|
Founded Year | Domain | Location | |
|
NONA is engaged in providing digital work services.
|
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 Shopstar
| 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 - Shopstar
| 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 |
Shopstar Comparisons
Competitors of Shopstar
Shopstar 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, Diageo, Distell, FRONTASTIC and Prosperna, 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.
|
|
| domain | founded_year | HQ Location |
Multi-category alcoholic beverage company
|
|
| domain | founded_year | HQ Location |
Produces and markets alcoholic beverages
|
|
| domain | founded_year | HQ Location |
Platform offering storefront solution for online businesses
|
|
| domain | founded_year | HQ Location |
Platform offering storefront solution for online businesses
|
| 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.
|
Latest news on Shopstar
Frequently Asked Questions about Shopstar
When was Shopstar founded?
Shopstar was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is Shopstar located?
Shopstar is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Who is the current CEO of Shopstar?
Jens Herf is the current CEO of Shopstar. They have also founded this company.
What does Shopstar do?
Shopstar is an online platform that enables creators and businesses to design, launch, and operate e-commerce stores without coding. It provides user-friendly tools for website building, product sales, and dropshipping, supported by a local team in Cape Town, South Africa. The service includes features like social selling and analytics to help users expand their operations, serving small businesses and entrepreneurs with efficient, hassle-free solutions.
Who are the top competitors of Shopstar?
What products or services does Shopstar offer?
Shopstar offers Shopstar Builder, Dropshipping Marketplace, and Boost Marketing.
Who are Shopstar's investors?
Shopstar has 3 investors. Key investors include NONA, Launch Africa, and KAMERS/Makers.