About Shpock
Shpock is a company based in Vienna (Austria) founded in 2010 was acquired by Russmedia Equity Partners in June 2021.. Shpock has raised $12.27 million across 5 funding rounds from investors including Red Points, Speedinvest and Schibsted Media Group. Shpock offers products and services including Shpock App. Shpock operates in a competitive market with competitors including 58City, Craigslist and GebrauchtKaufen, among others.
- Headquarter Vienna, Austria
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Finderly Gmbh & Co. Kg
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.27 M (USD)
in 5 rounds
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Latest Funding Round
$9.5 M (USD), Series A
Mar 07, 2014
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Investors
Red Points
& 7 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Shpock
Shpock offers a comprehensive portfolio of products and services, including Shpock App. 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.
Mobile app for listing and buying second-hand items locally.
Funding Insights of Shpock
Shpock has successfully raised a total of $12.27M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $9.5 million completed in March 2014. 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 5
- Last Round Series A — $9.5M
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First Round
First Round
(24 Mar 2010)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2014 | Amount | Series A - Shpock | Valuation | Red Points |
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| Jan, 2013 | Amount | Seed - Shpock | Valuation | HTGF |
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| Nov, 2012 | Amount | Angel Round - Shpock | Valuation |
investors |
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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 Shpock
Shpock has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Red Points, Speedinvest and Schibsted Media Group. 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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Early-stage investments are made in high-tech startups by HTGF.
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Founded Year | Domain | Location | |
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Early-stage venture capital and startup acceleration are provided.
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Founded Year | Domain | Location | |
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Venture capital firm supporting AI founders through investments and community.
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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 Shpock
| 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 - Shpock
| 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 |
Shpock Comparisons
Competitors of Shpock
Shpock 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 58City, Craigslist and GebrauchtKaufen, 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 |
Online second-hand listing platform offering multi-category products and services
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| domain | founded_year | HQ Location |
Online classified forum
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| domain | founded_year | HQ Location |
Operates an online platform for buying used products across various categories.
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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 Shpock
Frequently Asked Questions about Shpock
When was Shpock founded?
Shpock was founded in 2010.
Where is Shpock located?
Shpock is headquartered in Vienna, Austria.
Is Shpock a funded company?
Shpock is a funded company, having raised a total of $12.27M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $555K, raised on Mar 24, 2010.
What does Shpock do?
Shpock was founded in 2010 in Vienna, Austria, as a location-based mobile platform in the classifieds sector. Operations are conducted through Android and iOS apps, where users register via Facebook to upload item photos, titles, descriptions, and prices for local discovery. A majority stake was acquired by Schibsted Classifieds Media in 2015, facilitating expansion from core markets in Germany, the UK, and Austria to global reach.
Who are the top competitors of Shpock?
Shpock's top competitors include 58City, Craigslist and GebrauchtKaufen.
What products or services does Shpock offer?
Shpock offers Shpock App.
Who are Shpock's investors?
Shpock has 8 investors. Key investors include Red Points, Speedinvest, Schibsted Media Group, High-Tech Gründerfonds, and True Ventures.