About StoreCash
StoreCash is a company based in San Jose (United States) founded in 2019 by Phani Mullapudi, Daricus Releford, and Sheetal Ravi. StoreCash has raised $6.04 million across 3 funding rounds from investors including Western Union, Black Ops and MaC Venture Capital. StoreCash offers products and services including StoreCash App. StoreCash operates in a competitive market with competitors including JibJab, Punchbowl, Paperless Post, Sincerely and Smilebox, among others.
- Headquarter San Jose, United States
- Founders Phani Mullapudi, Daricus Releford, Sheetal Ravi
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Sectors
RetailFinancial Services
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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
$6.04 M (USD)
in 3 rounds
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Latest Funding Round
$3.7 M (USD), Seed
Nov 20, 2024
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Investors
Western Union
& 7 more
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Employee Count
Employee Count
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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.
People of StoreCash
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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 Total Funding
- Total Rounds 3
- Last Round Seed — $3.7M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Seed - StoreCash | Valuation | Black Operator Ventures | |
| Mar, 2024 | Amount | Seed - StoreCash | Valuation |
investors |
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| Jun, 2019 | Amount | Seed - StoreCash | Valuation | Western Union |
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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 |
|---|---|---|---|---|
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Investments are made in innovative startup founders by Black Ops.
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Founded Year | Domain | Location | |
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A seed-stage venture capital firm
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Founded Year | Domain | Location | |
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Seed-stage investments are targeted by 43North in startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by StoreCash
Financial Statements - StoreCash
Storecash Comparisons
Competitors of StoreCash
StoreCash 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 JibJab, Punchbowl, Paperless Post, Sincerely and Smilebox, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Customizable eCards and videos for greetings are provided online.
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| domain | founded_year | HQ Location |
Digital invitations and greeting cards are sold online for personalization.
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| domain | founded_year | HQ Location |
App and online platform for greeting/invitation cards
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| domain | founded_year | HQ Location |
Custom photo postcard and greeting card apps are provided.
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| domain | founded_year | HQ Location |
Online platform to send customizable greetings cards
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Latest news on Storecash
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 current CEO of StoreCash. 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.