About Spocket
Spocket is a company based in Vancouver (Canada) founded in 2017 by Tom Hansen and Saba Mohebpour.. Spocket has raised $2.03 million across 2 funding rounds from investors including Plug and Play Tech Center, Techstars and Panache Ventures. Spocket operates in a competitive market with competitors including RELEX, Wasoko, Brightpearl, Anchanto and Gelato, among others.
- Headquarter Vancouver, Canada
- Founders Tom Hansen, Saba Mohebpour
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Sectors
TechnologyRetail Transportation, Automotive & Logistics
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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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Total Equity Funding
$2.03 M (USD)
in 2 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Aug 01, 2018
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Investors
Plug and Play Tech Center
& 4 more
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Employee Count
Employee Count
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Funding Insights of Spocket
Spocket has successfully raised a total of $2.03M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in August 2018. 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 2
- Last Round Seed — $1.5M
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First Round
First Round
(01 Jun 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Seed - Spocket | Valuation |
investors |
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| Jun, 2018 | Amount | Seed - Spocket | 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 Spocket
Spocket has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Plug and Play Tech Center, Techstars and Panache 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 firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Early-stage technology startups are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Startups are accelerated and invested in across multiple tech sectors.
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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 Spocket
| 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 - Spocket
| 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 |
Spocket Comparisons
Competitors of Spocket
Spocket 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 RELEX, Wasoko, Brightpearl, Anchanto and Gelato, 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 |
Unified platform for retail and supply chain planning is offered.
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| domain | founded_year | HQ Location |
Online B2B marketplace offering groceries for enterprises
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| domain | founded_year | HQ Location |
SaaS-based omnichannel retail management software is provided for retailers.
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| domain | founded_year | HQ Location |
SaaS solutions for e-commerce and logistics operations are delivered.
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| domain | founded_year | HQ Location |
SaaS solutions for dropshipping customized products are provided.
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| domain | founded_year | HQ Location |
Provider of cloud-based suite solutions for wholesalers
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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 Spocket
Frequently Asked Questions about Spocket
When was Spocket founded?
Spocket was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Spocket located?
Spocket is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Who is the current CEO of Spocket?
Saba Mohebpour is the current CEO of Spocket. They have also founded this company.
Is Spocket a funded company?
Spocket is a funded company, having raised a total of $2.03M across 2 funding rounds to date. The company's 1st funding round was a Seed of $530K, raised on Jun 01, 2018.
What does Spocket do?
Spocket was founded in 2017 in Vancouver, Canada, as an online platform focused on dropshipping within the e-commerce sector. Services enable users to browse a catalogue of apparel, jewellery, watches, and related items, then place orders for delivery to specified locations. Products are sourced and shipped from suppliers in the USA, Canada, Spain, Italy, and other regions, supporting global operations for retailers.
Who are Spocket's investors?
Spocket has 5 investors. Key investors include Plug and Play Tech Center, Techstars, Panache Ventures, 7 Gate Ventures, and Mistral Venture Partners.