About ShopWings
ShopWings is a company based in Sydney (Australia) founded in 2014.. ShopWings has raised $14.28 million across 3 funding rounds from investors including Rocket Internet, HV Capital and TEV Ventures. ShopWings has completed 1 acquisition, including Grocery Butler. ShopWings operates in a competitive market with competitors including DoorDash, MILKRUN, Unocart, AMO STORE and Umall, among others.
- Headquarter Sydney, Australia
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
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- Legal Name Preisfair Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.28 M (USD)
in 3 rounds
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Latest Funding Round
$600 K (USD), Series A
Jun 01, 2016
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Investors
Rocket Internet
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of ShopWings
ShopWings has successfully raised a total of $14.28M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $600 thousand completed in June 2016. 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 Total Funding
- Total Rounds 3
- Last Round Series A — $600,000
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First Round
First Round
(20 Feb 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2016 | Amount | Series A - ShopWings | Valuation |
investors |
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| Jun, 2015 | Amount | Series A - ShopWings | Valuation |
investors |
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| Feb, 2015 | Amount | Series A - ShopWings | Valuation | Rocket Internet , TEV Ventures |
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| 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 ShopWings
ShopWings has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Rocket Internet, HV Capital and TEV Ventures. 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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Venture capital funding is provided to digital company founders.
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Founded Year | Domain | Location | |
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Global investments in internet and technology startups are facilitated.
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Founded Year | Domain | Location | |
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Early & later stage VC firm investing globally
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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 ShopWings
ShopWings has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Grocery Butler. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Grocery delivery is facilitated by franchisee personal shoppers.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ShopWings
| 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 |
Shopwings Comparisons
Competitors of ShopWings
ShopWings 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 DoorDash, MILKRUN, Unocart, AMO STORE and Umall, 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 |
Food and grocery deliveries are facilitated through an app-based platform.
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| domain | founded_year | HQ Location |
Ultra-fast grocery delivery is facilitated via an app-based platform.
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| domain | founded_year | HQ Location |
Grocery products are ordered and delivered via a mobile application.
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| domain | founded_year | HQ Location |
Manages an e-commerce store offering multi-category grocery products with ultra-fast delivery.
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| domain | founded_year | HQ Location |
Online offering multi-category grocery supplies
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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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Frequently Asked Questions about ShopWings
When was ShopWings founded?
ShopWings was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is ShopWings located?
ShopWings is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Is ShopWings a funded company?
ShopWings is a funded company, having raised a total of $14.28M across 3 funding rounds to date. The company's 1st funding round was a Series A of $13.68M, raised on Feb 20, 2015.
What does ShopWings do?
ShopWings was founded in 2014 in Sydney, Australia, as a platform in the on-demand grocery delivery sector. Users are enabled to browse selections of groceries and fresh products online, place orders, and select delivery in one hour or a chosen future window. Trained personal shoppers are then dispatched to local supermarkets to purchase items and transport them directly to customers locations across the region.
Who are the top competitors of ShopWings?
How many acquisitions has ShopWings made?
ShopWings has made 1 acquisition, including Grocery Butler.
Who are ShopWings's investors?
ShopWings has 3 investors. Key investors include Rocket Internet, HV Capital, and TEV Ventures.