About Shoptrue
Shoptrue is a company based in Salt Lake City (United States) founded in 2021.. The company has 81 employees as of December 31, 2024. Shoptrue operates in a competitive market with competitors including The Yes, ModeWalk, ShopLook, Mona and Strut, among others.
- Headquarter Salt Lake City, United States
- Employees 81 as on 31 Dec, 2024
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Sectors
Retail
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
81
as on Dec 31, 2024
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Funding Insights of Shoptrue
| 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 |
Investments & Acquisitions by Shoptrue
| 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 - Shoptrue
| 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 |
Shoptrue Comparisons
Competitors of Shoptrue
Shoptrue 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 The Yes, ModeWalk, ShopLook, Mona and Strut, 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 |
Personalized product recommendations are delivered via an AI-driven e-commerce platform.
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| domain | founded_year | HQ Location |
Personalized online fashion concierge services are provided for women.
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| domain | founded_year | HQ Location |
AI-based online discovery platform for fashion apparels & accessories
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| domain | founded_year | HQ Location |
Mona is developed as an AI-powered personal shopping assistant.
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| domain | founded_year | HQ Location |
Commercial photography, website development, and branding services are provided.
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| 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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Latest news on Shoptrue
Frequently Asked Questions about Shoptrue
When was Shoptrue founded?
Shoptrue was founded in 2021.
Where is Shoptrue located?
Shoptrue is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
How many employees does Shoptrue have?
As of Dec 31, 2024, the latest employee count at Shoptrue is 81.
What does Shoptrue do?
Shoptrue was founded in 2021 and is based in Salt Lake City, United States. An AI-driven platform is utilized to deliver personalized recommendations for fashion products. Operations focus on the fashion sector, with services accessible through the domain shoptrue.com. Tailored suggestions are generated based on user preferences, supporting e-commerce activities in the apparel industry. The platforms core functionality emphasizes data-driven matching of products to individual needs.
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