About StoreMore
StoreMore is a company based in Delhi (India) founded in 2010. StoreMore has raised $717.01 thousand across 4 funding rounds from investors including Waveform Venture, Burman Family Holdings and Bedrock Ventures. The company has 3 employees as of April 04, 2024. StoreMore operates in a competitive market with competitors including BoxMySpace, Xtended Space, Warehouse Now, 13SQFT and Stockarea, among others.
- Headquarter Delhi, India
- Employees 3 as on 04 Apr, 2024
- Stage Minicorn
-
Sectors
Transportation, Automotive & LogisticsBusiness Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Storemore Storage Solutions Private Limited
- Date of Incorporation 25 Mar, 2014
- Jurisdiction Delhi, Delhi, India
-
Annual Revenue
$146.92 K (USD)-13.96as on Mar 31, 2022
-
Net Profit
-$77.44 K (USD)-135.88as on Mar 31, 2022
-
EBITDA
-$55.89 K (USD)-339.57as on Mar 31, 2022
-
Total Equity Funding
$717.01 K (USD)
in 4 rounds
-
Latest Funding Round
$219 K (USD), Seed
Feb 02, 2018
-
Investors
Waveform Venture
& 3 more
-
Employee Count
3
as on Apr 04, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of StoreMore
StoreMore has successfully raised a total of $717.01K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $219 thousand completed in February 2018. 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 4
- Last Round Seed — $218,999
-
First Round
First Round
(06 Nov 2014)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Seed - StoreMore | Valuation |
investors |
|
| Jun, 2017 | Amount | Seed - StoreMore | Valuation |
investors |
|
| Aug, 2015 | Amount | Seed - StoreMore | Valuation | Bedrock Ventures |
|
Investors in StoreMore
StoreMore has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Waveform Venture, Burman Family Holdings and Bedrock Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage startups are invested in by sector-agnostic VC fund.
|
Founded Year | Domain | Location | |
|
Strategic investment platform focusing on long-term investments in early-stage companies across key sectors.
|
Founded Year | Domain | Location | |
|
Venture capital firm investing in early stage startups
|
Founded Year | Domain | Location |
Investments & Acquisitions by StoreMore
Financial Statements - StoreMore
Storemore Comparisons
Competitors of StoreMore
StoreMore 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 BoxMySpace, Xtended Space, Warehouse Now, 13SQFT and Stockarea, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Tech-enabled on-demand warehousing and end-to-end logistics solutions are provided.
|
|
| domain | founded_year | HQ Location |
A P2P online marketplace for booking storage spaces is operated.
|
|
| domain | founded_year | HQ Location |
On-demand warehousing and supply chain solutions are offered flexibly.
|
|
| domain | founded_year | HQ Location |
B2B digital marketplace platform for industrial goods and services
|
|
| domain | founded_year | HQ Location |
Offers warehousing, logistics, supply chain, and freight services for businesses.
|
Latest news on Storemore
Frequently Asked Questions about StoreMore
StoreMore was founded in 2010 and raised its 1st funding round 4 years after it was founded.
StoreMore is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
StoreMore is a funded company, having raised a total of $717.01K across 4 funding rounds to date.
As of Apr 04, 2024, the latest employee count at StoreMore is 3.
Annual revenue of StoreMore is $146.92K as on Mar 31, 2022.
StoreMore was founded in 2010 in Delhi, India, within the logistics and supply chain sector. Warehouse management solutions are delivered to businesses, encompassing storage for chemicals, furniture, and household items. Real-time inventory movement tracking is facilitated through the system, allowing customers to oversee operations efficiently. Services are tailored to support various goods types across the Indian market.
StoreMore's top competitors include BoxMySpace, Warehouse Now and Xtended Space.
StoreMore has 4 investors. Key investors include Waveform Venture, Burman Family Holdings, Bedrock Ventures, and Arun Tadanki.
The valuation of StoreMore is $29.96M as of Feb 2018.