ShopCanal

RetailSeries ASan Rafael, USshopcanal.com

Latest round

Series A

Last raised

Jan 2022

Total raised

$27M

Investors

3

About ShopCanal

ShopCanal, Inc.Founded in 2021 by Bennett Carroccio, Clay Schubiner, and Liam Kinney, ShopCanal, Inc. operates out of San Rafael, US.ShopCanal delivers a comprehensive marketplace platform that allows retailers to partner with third-party suppliers through dropshipping, offering features like real-time inventory management and customizable experiences.The revenue model for ShopCanal is based on B2B partnerships and subscription fees, enabling retailers to access a network of over 1,600 suppliers without upfront inventory costs.4 mn in January 2022, ShopCanal plans to expand its engineering, sales, marketing, and operational teams to meet growing demand. The company is focused on launching new products and exploring expansion into additional markets to broaden its reach and service offerings.

Who invested in ShopCanal

3 investors across 2 rounds

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Funding rounds

  1. Series A

    Jan 4, 2022

    Amount

    $22M

    Investors

    Locked

  2. Seed

    Mar 1, 2021

    Amount

    $4.5M

    Investors

    Locked

Questions about ShopCanal

Who invested in ShopCanal?

ShopCanal has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has ShopCanal raised?

ShopCanal has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did ShopCanal last raise money?

ShopCanal's most recent round on record is a Series A, in Jan 2022.

What does ShopCanal do?

ShopCanal is a retail company.

Where is ShopCanal headquartered?

ShopCanal is headquartered in San Rafael, US.

Which VCs invest in companies like ShopCanal?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back retail companies at ShopCanal's stage. Their profiles are linked below.

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