Shopmatic Pte.
Latest round
- Series B
Last raised
- Apr 2022
Total raised
- $18M
Investors
- 5
About Shopmatic Pte.
Shopmatic Pte. Ltd.Founded in 2014 and headquartered in Singapore, Shopmatic Pte. Ltd. specializes in creating user-friendly online store solutions for businesses. The company underwent acquisition in May 2022 by MatchMovePay Pte Ltd. for SGD 276 million, aimed at enhancing its e-commerce capabilities. Kris Chen serves as the Founder and Anurag Avula is the CEO.Shopmatic specializes in providing comprehensive e-commerce solutions designed to facilitate online selling for businesses of all sizes. Its core product offerings include a user-friendly webstore creation platform that enables users to build and customize their online stores without needing coding skills. Additionally, Shopmatic features solutions for chat selling and social commerce, allowing businesses to convert conversations into sales and effectively engage with their followers on platforms like Instagram and Facebook. The company's services are aimed at a diverse client base, including small and medium enterprises (SMEs), individual entrepreneurs, and retailers looking to establish their online presence.40. The company generates revenue through a combination of subscription and transaction-based models, offering flexible pricing options tailored to the needs of its clients., Shopmatic plans to leverage this partnership to expand its capabilities and reach within the e-commerce SME sector. They are focusing on enhancing their product offerings to include more advanced e-commerce tools and services. Additionally, Shopmatic aims to expand into new markets, particularly targeting regions in Southeast Asia and beyond over the next few years. The funds from the recent acquisition will be utilized to support these growth initiatives, ensuring they can effectively meet the evolving needs of their customers.
Who invested in Shopmatic Pte.
5 investors across 2 rounds
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Questions about Shopmatic Pte.
Who invested in Shopmatic Pte.?
Shopmatic Pte. has 5 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 Shopmatic Pte. raised?
Shopmatic Pte. has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Shopmatic Pte. last raise money?
Shopmatic Pte.'s most recent round on record is a Series B, in Apr 2022.
What does Shopmatic Pte. do?
Shopmatic Pte. is a internet company.
Where is Shopmatic Pte. headquartered?
Shopmatic Pte. is headquartered in Singapore, Singapore.
Which VCs invest in companies like Shopmatic Pte.?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back internet companies at Shopmatic Pte.'s stage. Their profiles are linked below.
VCs backing internet startups at Series B
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