About StoreCash
StoreCash is a Retail company based in San Jose (United States) founded in 2019 by Phani Mullapudi, Daricus Releford, and Sheetal Ravi. Virtual gifting cards are generated via mobile app for retailers. It operates in the Retail and Financial Services sectors. StoreCash has raised $6.04 million across 3 funding rounds from investors including Western Union, Black Ops and MaC Venture Capital. Its chief executive, as recorded, is Daricus Releford. Its website storecashapp.com draws about 35 thousand monthly visits. StoreCash offers products and services including StoreCash App. Its focus areas include FinTech, Payments, Consumer Payments and Payment Cards. Its competitors include JibJab, Punchbowl and Paperless Post; 3 of its 3 listed competitors have raised funding.
Company details
StoreCash was founded in 2019 in San Jose, United States, focusing on the digital gifting sector. Virtual cards are provided through a mobile application available on Android and iOS devices. Users select retailers, amounts, and gift options, with cards shared via SMS or social media for payments at partnered outlets. Collaborations are maintained with Techstars and Western Union to support operations.
- Headquarters San Jose, United States
- Founders Phani Mullapudi, Daricus Releford, Sheetal Ravi
- SectorsRetailFinancial Services
- Email••••••••
- Website storecashapp.com
- Social LinkedIn X Instagram YouTube
- Total Equity Funding$6.04M (USD)
in 3 rounds
- Latest Funding Round$3.7M (USD), Seed
Nov 2024
- InvestorsWestern Union
& 7 more
Products & Services of StoreCash
StoreCash offers a comprehensive portfolio of products and services, including StoreCash App.
Mobile app for earning instant cash back on retail purchases.
Apps and channels of StoreCash
StoreCash publishes 2 mobile apps with over 100K+ downloads; its YouTube channel StoreCash has 17 subscribers.
Funding Insights of StoreCash
StoreCash has successfully raised a total of $6.04M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3.7 million completed in November 2024. 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 $6.04M
- Total Rounds 3
- Last Round Seed — $3.7M
- Investors Count 8
All 3 funding rounds of StoreCash with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2024 | $3.7M | Seed | – | Black Operator Ventures | |
| Mar 2024 | $2.34M | Seed | – | – | – |
| Jun 2019 | Seed | – | Western Union | – |
8 investors in total: 8 institutional.
Investors in StoreCash
StoreCash has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Western Union, Black Ops and MaC Venture Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in innovative startup founders by Black Ops. | blackopsvc.com | |||
A seed-stage venture capital firm | macventurecapital.com | Los Angeles, United States | ||
Seed-stage investments are targeted by 43North in startups. | 43north.org | Buffalo, United States | ||
Venture capital investing and portfolio management services for accredited investors. | av.vc | |||
| buffaloangels.tcc.mode | ||||
Accelerator and venture capital firm | mucker.com | Santa Monica, United States | ||
Provider of remittance services | 1851 | westernunion.com | Denver, United States | |
| popularventures.tcc.mode |
Investor details for StoreCash
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
People of StoreCash
5 people are tracked at StoreCash (4 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Phani Mullapudi | Co-Founder & CTO | Leadership |
Daricus Releford | Co-Founder & CEO | Leadership |
Sheetal Ravi | Founder | Leadership |
Daricus R. | CEO and Co-Founder | Leadership |
Mahesh M | Senior Software Engineer | Team |
Complete people profiles for StoreCash
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of StoreCash
3 dated milestones of StoreCash across 5 years, from founding to its latest funding, stage changes and deals.
- Founded StoreCash is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $3.7M.
Competitors of StoreCash
StoreCash has 3 listed competitors in our database, 3 of them funded. They include JibJab, Punchbowl and Paperless Post.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jibjab.com | 1999 | Los Angeles, United States | $17.01M | Customizable eCards and videos for greetings are provided online. | ||
| punchbowl.com | 2006 | Framingham, United States | $12.72M | 19 | Digital invitations and greeting cards are sold online for personalization. | |
| paperlesspost.com | 2008 | New York, United States | $32.35M | 10 | App and online platform for greeting/invitation cards |
Detailed competitors of StoreCash
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of StoreCash
The website of StoreCash (storecashapp.com) receives about 34.9K visits a month.
- Monthly visits34.9K
▼ 50.7% vs previous month
Top companies in Stationery, Gifting & Handicrafts E-Commerce
3 companies that operate in the same segment as StoreCash (Stationery, Gifting & Handicrafts E-Commerce) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Personalized video messages from celebrities are booked online. | 2017 | Chicago, Illinois, United States | USD 193.71 M | 355 | ||
Reward-based crowdfunding is enabled via no-inventory t-shirt sales. | 2000 | Fairfax, Virginia, United States | USD 41.75 M | USD 191.13 K | 1,596 | |
Online wedding registry and gifts marketplace is operated. | 2013 | New York, New York, United States | USD 141.1 M | 101 |
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Related news about Storecash
Complete news archive for StoreCash
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Frequently Asked Questions about StoreCash
StoreCash was founded in 2019.
StoreCash is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Daricus Releford is the CEO of StoreCash, as recorded in our data. They have also founded this company.
StoreCash is a funded company, having raised a total of $6.04M across 3 funding rounds to date.
StoreCash was founded in 2019 in San Jose, United States, focusing on the digital gifting sector. Virtual cards are provided through a mobile application available on Android and iOS devices. Users select retailers, amounts, and gift options, with cards shared via SMS or social media for payments at partnered outlets. Collaborations are maintained with Techstars and Western Union to support operations.
StoreCash's top competitors include JibJab, Paperless Post and Punchbowl.
StoreCash offers StoreCash App.
StoreCash has 8 investors. Key investors include Western Union, Black Ops, MaC Venture Capital, 43North, and Alumni Ventures.
Yes. StoreCash publishes StoreCash and 1 more app, with over 100,000 downloads.