About Tophatter
Tophatter is a company based in Palo Alto (United States) founded in 2011 by Chris Estreich and Ashvin Kumar. It operates as a B2C. Tophatter has raised $21 million across 2 funding rounds from investors including Goodwater Capital, August Capital and CRV. The company has 9 employees as of March 31, 2020. Tophatter operates in a competitive market with competitors including HiBid Auctions, Listia, EBTH, AuctionZip and PropertyRoom, among others.
- Headquarter Palo Alto, United States
- Employees 9 as on 31 Mar, 2020
- Founders Chris Estreich, Ashvin Kumar
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Tophatter Software India Private Limited
- Date of Incorporation 22 Nov, 2019
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$91.24 K (USD)0as on Mar 31, 2020
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Net Profit
$14.43 K (USD)0as on Mar 31, 2020
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EBITDA
$20.33 K (USD)0as on Mar 31, 2020
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Total Equity Funding
$21 M (USD)
in 2 rounds
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Latest Funding Round
$21 M (USD), Series B
May 11, 2017
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Investors
Goodwater Capital
& 2 more
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Employee Count
9
as on Mar 31, 2020
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Funding Insights of Tophatter
Tophatter has successfully raised a total of $21M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $21 million completed in May 2017. 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 Series B — $21.0M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Series B - Tophatter | Valuation |
investors |
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| Feb, 2015 | Amount | Series A - Tophatter | Valuation |
investors |
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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 Tophatter
Tophatter has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Goodwater Capital, August Capital and CRV. 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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Investments in consumer tech sectors are managed by Goodwater Capital.
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Founded Year | Domain | Location | |
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Venture capital is invested personally in fewer enterprises, with support provided for building game-changing businesses.
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Founded Year | Domain | Location | |
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CRV is recognized as a venture capital firm investing in technology startups.
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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 Tophatter
| 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 - Tophatter
| 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 |
Tophatter Comparisons
Competitors of Tophatter
Tophatter 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 HiBid Auctions, Listia, EBTH, AuctionZip and PropertyRoom, 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 |
Provides an internet-based bidding solution for high-value items auctions.
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| domain | founded_year | HQ Location |
Second-hand items are auctioned peer-to-peer through a mobile app.
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| domain | founded_year | HQ Location |
Multi-category items from estates and collections are auctioned online.
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| domain | founded_year | HQ Location |
Online auctions across multiple categories are hosted by AuctionZip.
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| domain | founded_year | HQ Location |
Online auction platform for pre-owned multi-category products
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Tophatter
Frequently Asked Questions about Tophatter
When was Tophatter founded?
Tophatter was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Tophatter located?
Tophatter is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Tophatter?
Ashvin Kumar is the current CEO of Tophatter. They have also founded this company.
Is Tophatter a funded company?
Tophatter is a funded company, having raised a total of $21M across 2 funding rounds to date.
How many employees does Tophatter have?
As of Mar 31, 2020, the latest employee count at Tophatter is 9.
What is the annual revenue of Tophatter?
Annual revenue of Tophatter is $91.24K as on Mar 31, 2020.
What does Tophatter do?
Tophatter operates with a B2C model, focusing on operating online marketplaces, online marketplaces, auction platforms, and second-hand goods. Operates an online auction marketplace for a wide range of second-hand products across multiple categories. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Who are the top competitors of Tophatter?
Tophatter's top competitors include EBTH, Listia and AuctionZip.
Who are Tophatter's investors?
Tophatter has 3 investors. Key investors include Goodwater Capital, August Capital, and CRV.