About Storee
Storee is a company based in Tel Aviv-yafo (Israel) founded in 2017 by Chen Cohen, Asaf Shapira, and Idan Sergi.. Storee has raised $10.2 million across 2 funding rounds from investors including Signet Jewelers. Storee operates in a competitive market with competitors including TeamCore, Humanity, Traxlo, Intelocate and Tracker Hero, among others.
- Headquarter Tel Aviv-yafo, Israel
- Founders Chen Cohen, Asaf Shapira, Idan Sergi
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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
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.2 M (USD)
in 2 rounds
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Latest Funding Round
$8 M (USD), Seed
Aug 04, 2021
- Investors
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Employee Count
Employee Count
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Funding Insights of Storee
Storee has successfully raised a total of $10.2M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $8 million completed in August 2021. 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 — $8.0M
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First Round
First Round
(07 Sep 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2021 | Amount | Seed - Storee | Valuation | Signet Jewelers |
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| Sep, 2018 | Amount | Seed - Storee | Valuation | Signet Jewelers |
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| 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 Storee
Storee has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Signet Jewelers. 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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Retail chain of jeweler and watches
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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 Storee
| 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 - Storee
| 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 |
Storee Comparisons
Competitors of Storee
Storee 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 TeamCore, Humanity, Traxlo, Intelocate and Tracker Hero, 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 |
Workforce management software solutions are provided for in-store retail businesses.
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| domain | founded_year | HQ Location |
Cloud-based workforce management software is offered for scheduling and payroll.
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| domain | founded_year | HQ Location |
Provider of store analysis solution for businesses
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| domain | founded_year | HQ Location |
Provider of workforce management solution for businesses
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| domain | founded_year | HQ Location |
Workforce management is enabled via hardware and software solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Storee
When was Storee founded?
Storee was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Storee located?
Storee is headquartered in Tel Aviv-yafo, Israel. It is registered at Tel Aviv-yafo, Tel Aviv District, Israel.
Who is the current CEO of Storee?
Asaf Shapira is the current CEO of Storee. They have also founded this company.
Is Storee a funded company?
Storee is a funded company, having raised a total of $10.2M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.2M, raised on Sep 07, 2018.
What does Storee do?
Storee was founded in 2017 as a provider of AI-based communication and task management solutions tailored for retail businesses. Analytics and AI technologies are employed to oversee sales forces, with core features encompassing sales management and data insights. Operations focus on enhancing efficiency in the retail sector through these integrated tools, though specific geographic details are not specified.
Who are the top competitors of Storee?
Who are Storee's investors?
Storee has 1 investor. Key investors include Signet Jewelers.