OpenStore
Latest round
- Series C
Last raised
- Jun 2025
Total raised
- $152M
Investors
- 5
About OpenStore
OpenStore is a Miami-based acquisition platform that simplifies the process for Shopify brands looking to sell.OpenStore, founded in 2021 in Miami, US, provides an acquisition service for e-commerce brands, specifically Shopify stores. The company was co-founded by Jack Abraham, Jeremy Wood, and Sean Myburgh. The current CEO is Keith Rabois.OpenStore primarily offers a streamlined acquisition service for Shopify brands, simplifying the selling process for founders looking to exit their businesses. Their core product, the OpenStore platform, facilitates the evaluation and purchase of e-commerce businesses, providing sellers with tailored cash offers based on performance metrics within 3-5 business days.OpenStore generates revenue through the acquisition of Shopify businesses, offering upfront cash payments to founders in exchange for equity. The transaction structure typically involves an 80% cash payment at the outset and 20% upon completion of ownership transfer.
Who invested in OpenStore
5 investors across 4 rounds
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Questions about OpenStore
Who invested in OpenStore?
OpenStore has 5 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has OpenStore raised?
OpenStore has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did OpenStore last raise money?
OpenStore's most recent round on record is a Series C, in Jun 2025.
What does OpenStore do?
OpenStore is a Miami-based acquisition platform that simplifies the process for Shopify brands looking to sell.
Where is OpenStore headquartered?
OpenStore is headquartered in Miami, US.
Which VCs invest in companies like OpenStore?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at OpenStore's stage. Their profiles are linked below.
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