# Shopsys s.r.o.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shopsys-s-r-o

- Industry: Internet
- Headquarters: Ostrava, Czech Republic
- Website: www.shopsys.com
- Total disclosed funding: $0.7M
- Latest round: Seed (Jan 15, 2017)
- Investors on record: 2

## About

Shopsys s.r.o. is a company specializing in the development and customization of e-commerce websites, offering tailored solutions for various businesses across B2C and B2B sectors, enhancing their online retail presence.Founded in 2016, Shopsys s.r.o. focuses on providing comprehensive e-commerce development services. The company is headquartered in Ostrava, Czech Republic. It has successfully completed 2 deals, including a Seed funding round in July 2018 where it raised USD 0.45 mn from Reflex Capital, leading to a total amount raised of USD 0.45 mn. The current valuation of the company is USD 9.55 mn. The CEO is Matej Kaposvary; however, details regarding the founders, Hazel Lam and Petr Svoboda's previous ventures are not disclosed.Shopsys specializes in the customization of medium to large e-commerce websites, serving a diverse client base that spans B2C and B2B sectors. Their core offerings include a comprehensive suite of e-commerce development services tailored to meet specific client needs. The company employs a methodical approach to project initiation, beginning with extensive research and technical analyses, followed by the creation of prototypes and design recommendations. Shopsys focuses on enhancing online retail experiences, particularly for businesses transitioning to omnichannel sales strategies. Their products are utilized by retailers in various international markets, emphasizing adaptability to local consumer behaviors and business models.In the most recent year, 2023, Shopsys reported a revenue of USD 4,265,355.70 and an EBITDA of USD 367,762.90. The company generates revenue predominantly through project-based engagements and ongoing support services, operating on a model that includes co-development partnerships with clients. This structure involves clients committing to development contracts that cover initial setup and subsequent maintenance, ensuring ongoing support and updates to their e-commerce platforms through continuous conversion rate optimization services.Shopsys is strategically positioned for future growth, with plans to launch new products designed to enhance e-commerce functionalities and improve user engagement. The company aims to expand into additional international markets, although specific regions and timelines have yet to be announced. The capital raised in July 2018 will be utilized to support these expansion efforts and product development initiatives, reinforcing their commitment to providing tailored e-commerce solutions.

## Funding rounds

- Seed, Jan 15, 2017, $0.7M — Reflex Capital, Incomming Ventures

## Investors

- Reflex Capital (https://capitalatlas.ai/funds/reflex-capital) — Seed
- Incomming Ventures — Seed