UAB Oberlo
Latest round
- Seed
Last raised
- Mar 2017
Total raised
- Undisclosed
Investors
- 1
About UAB Oberlo
UAB Oberlo is a dropshipping platform that empowers entrepreneurs to create and manage e-commerce businesses effortlessly.Founded in 2015, UAB Oberlo operates as a dropshipping platform that allows users to import products into their online stores without handling inventory. The company is headquartered in Vilnius, Lithuania. Oberlo was acquired by Shopify Inc. in April 2017 for USD 15 million, marking a strategic pivot in its operations to align closely with Shopify's offerings.Oberlo primarily offers a dropshipping platform that enables entrepreneurs to easily set up and manage online retail businesses without the need for inventory management, packaging, or shipping logistics. Users can discover and import products from various suppliers directly into their Shopify stores, streamlining the e-commerce process. The platform is designed for a diverse customer base, including aspiring entrepreneurs and seasoned business owners, particularly in markets such as North America, Europe, and parts of Asia.In 2022, UAB Oberlo reported a revenue of USD 5,352,428, with an EBITDA of USD -1,015,534. The company generates revenue through a subscription model, allowing users to access its platform and features, which are crucial for conducting retail transactions.UAB Oberlo plans to leverage its recent acquisition by Shopify to enhance its platform and reach new markets. The company is focused on expanding its offerings and developing new features to improve user experience, although specific new products and release dates have not been disclosed.
Who invested in UAB Oberlo
1 investor across 1 round
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Funding rounds
Seed
Mar 1, 2017
Amount
Undisclosed
Investors
Questions about UAB Oberlo
Who invested in UAB Oberlo?
UAB Oberlo has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has UAB Oberlo raised?
UAB Oberlo has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did UAB Oberlo last raise money?
UAB Oberlo's most recent round on record is a Seed, in Mar 2017.
What does UAB Oberlo do?
UAB Oberlo is a dropshipping platform that empowers entrepreneurs to create and manage e-commerce businesses effortlessly.
Where is UAB Oberlo headquartered?
UAB Oberlo is headquartered in Vilnius, Lithuania.
Which VCs invest in companies like UAB Oberlo?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back internet companies at UAB Oberlo's stage. Their profiles are linked below.
VCs backing internet startups at Seed
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