# ShopLocket

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shoplocket

- Industry: Consumer Products
- Headquarters: Toronto, Canada
- Website: www.shoplocket.com
- Total disclosed funding: $1M
- Latest round: Seed (Aug 1, 2012)
- Investors on record: 5

## About

ShopLocket is a Canadian company that provides innovative e-commerce solutions, enabling businesses to easily sell products online through customizable storefronts and integrated payment systems.Founded in 2012 in Toronto, Canada, ShopLocket specializes in e-commerce solutions, enabling businesses to establish online stores efficiently. The company was acquired by PCH International in January 2014, with a number of prominent investors backing the deal, including Cross Creek Capital and Lightspeed Venture Partners. The total funding raised by ShopLocket amounts to USD 1.00 mn, following their latest funding round, the Seed round, which was also USD 1.00 mn.ShopLocket delivers tailored e-commerce solutions focused on enhancing operational efficiency for businesses. Their offerings include a suite of software applications that facilitate data management and analytics, helping clients streamline operations and understand customer behavior. Primarily aimed at mid-to-large-sized enterprises in sectors such as finance, healthcare, and retail, their products have seen adoption across North America, Europe, and Asia-Pacific markets, addressing challenges in data silos and workflows.ShopLocket generates revenue through subscription-based models and direct software sales, typically facilitated via annual contracts. This pricing structure includes tiered plans to accommodate various customer segments, ensuring flexibility for both small businesses and larger corporations. Additionally, the company may collaborate with industry leaders to provide bundled services, enhancing value for clients and solidifying revenue streams.Following its recent acquisition in January 2014, ShopLocket plans to leverage the funding received to enhance its product offerings and expand into new geographic markets. The company is actively developing new features and services to better serve its clients and is targeting expansion into Europe and Asia-Pacific by the end of 2015. This strategic growth will be supported by the additional resources and expertise gained through its acquisition.

## Funding rounds

- Seed, Aug 1, 2012, $1M — RHO, BDC Capital, Relay Ventures, Valar, Extreme Venture Partners

## Investors

- RHO (https://capitalatlas.ai/funds/rho) — Seed
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Seed
- Relay Ventures (https://capitalatlas.ai/funds/relay-ventures) — Seed
- Valar (https://capitalatlas.ai/funds/valar) — Seed
- Extreme Venture Partners (https://capitalatlas.ai/funds/extreme-venture-partners) — Seed