About Starcart
Starcart is a company based in Helsinki (Finland) founded in 2021.. Starcart has raised $4.81 million across 3 funding rounds from investors including Business Finland, Inventure VC and Ville Vsterinen. Starcart offers products and services including Starcart Platform.
- Headquarter Helsinki, Finland
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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 Starcart Payments Oy
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.81 M (USD)
in 3 rounds
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Latest Funding Round
$3.35 M (USD), Seed
Aug 28, 2023
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Investors
Business Finland
& 3 more
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Employee Count
Employee Count
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Products & Services of Starcart
Starcart offers a comprehensive portfolio of products and services, including Starcart Platform. 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.
AI tool for price comparison and streamlined online shopping
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Funding Insights of Starcart
Starcart has successfully raised a total of $4.81M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3.35 million completed in August 2023. 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 Seed — $3.3M
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First Round
First Round
(01 Jul 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Debt – Conventional - Starcart | Valuation |
investors |
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| Aug, 2023 | Amount | Seed - Starcart | Valuation | Inventure |
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| Jul, 2022 | Amount | Seed - Starcart | Valuation | Inventure |
| 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 Starcart
Starcart has secured backing from 4 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Business Finland, Inventure VC and Ville Vsterinen. 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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Investments in early-stage tech startups are made by Inventure.
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Founded Year | Domain | Location | |
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Innovation, internationalization, and investment support for businesses is provided.
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Founded Year | Domain | Location | |
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VV
Ville Vsterinen |
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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 Starcart
| 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 - Starcart
| 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 |
Starcart Comparisons
Competitors of Starcart
| 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 Starcart
Frequently Asked Questions about Starcart
When was Starcart founded?
Starcart was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Starcart located?
Starcart is headquartered in Helsinki, Finland.
Is Starcart a funded company?
Starcart is a funded company, having raised a total of $4.81M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.46M, raised on Jul 01, 2022.
What does Starcart do?
Online products aggregation platform for multi-category products. It offers a platform to search for a variety of products online. It automatically searches online stores for products and shows stores with the lowest prices.
What products or services does Starcart offer?
Starcart offers Starcart Platform.
Who are Starcart's investors?
Starcart has 4 investors. Key investors include Business Finland, Inventure VC, Ville Vsterinen, and Niko Derome.