Storebuddy

Copenhagen, Denmark Founded: 2015 • Age: 11 yrs Acquired By Ageras
Bookkeeping is automated for online stores via integrated platforms.
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About Storebuddy

Storebuddy is a company based in Copenhagen (Denmark) founded in 2015 was acquired by Ageras in February 2025.. Storebuddy offers products and services including Storebuddy Accounting. Storebuddy operates in a competitive market with competitors including Intuit, Visma, Clear, Wave and Xero, among others.

  • Headquarter Copenhagen, Denmark
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Legal Name Storebuddy Aps
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Ageras

    (Feb 13, 2025)

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Products & Services of Storebuddy

Storebuddy offers a comprehensive portfolio of products and services, including Storebuddy Accounting. 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.

Primary

Automates bookkeeping for e-commerce to handle sales and VAT.

Funding Insights of Storebuddy

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Storebuddy

Storebuddy has secured backing from 1 investor. Prominent investors backing the company include Ageras. 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.

All
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Storebuddy

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Storebuddy

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Storebuddy Comparisons

Employees
+
Add Comparison
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Competitors of Storebuddy

Storebuddy 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 Intuit, Visma, Clear, Wave and Xero, 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
Financial and accounting software is developed for businesses and individuals.
domain founded_year HQ Location
Cloud-based ERP software is provided for business management across segments.
domain founded_year HQ Location
Technology-enabled accounting and finance solutions are offered for SMBs.
domain founded_year HQ Location
Web-based accounting software is offered for business use.
domain founded_year HQ Location
Cloud-based accounting and payment management is offered for small businesses.
domain founded_year HQ Location
Cloud-based invoicing and accounting software is offered for businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Storebuddy

Ageras’ Acquisition of Storebuddy
Globallegalchronicle10 months ago
Danish fintech Ageras buys Storebuddy
Finextra11 months ago

Frequently Asked Questions about Storebuddy

When was Storebuddy founded?

Storebuddy was founded in 2015.

Where is Storebuddy located?

Storebuddy is headquartered in Copenhagen, Denmark.

What does Storebuddy do?

Founded in 2015 in Copenhagen, Denmark, Storebuddy operates within the e-commerce accounting sector. Automated solutions are integrated with sales channels and payment gateways to record transactions, VAT, and refunds. Invoices are generated, and reconciliation reports are compiled to support financial oversight. Payouts from acquirers are processed, with associated fees calculated and posted. These functions reduce manual entry in bookkeeping for online businesses.

Who are the top competitors of Storebuddy?

Storebuddy's top competitors include Intuit, Visma and Clear.

What products or services does Storebuddy offer?

Storebuddy offers Storebuddy Accounting.

Who are Storebuddy's investors?

Storebuddy has 1 investor. Key investors include Ageras.

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