ShopUp

About

ShopUp is a full-stack B2B commerce platform for small businesses.

Dhaka,Dhaka,Bangladesh
501 - 1000
https://shopup.com.bd/

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $22.50M
Industries: B2B,E-Commerce,Logistics
Founded date: Jan 1, 2017
Number Of Employee: 501 - 1000
Operating Status: Active
Legal Name: ShopUp Pte

ShopUp is Bangladesh’s full-stack B2B commerce platform for small businesses, providing easy access to B2B sourcing, last-mile logistics, and BNPL solutions.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

8

$201.74M

ShopUp has raised a total of $201.74M in funding over 2 rounds. Their latest funding was raised on Jun 27, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jun 27, 2022	Series B	$65M	1	Valar Ventures	—	Detail
Sep 7, 2021	Series B	$109M	6	Valar Ventures	—	Detail
Oct 20, 2020	Series A	$22.50M	5	Flourish Ventures Sequoia Capital India	—	Detail
Apr 19, 2019	Seed	$2.50M	2	Surge	—	Detail
Feb 19, 2019	Seed	$1M	2	Bill & Melinda Gates Foundation Surge	—	Detail

Investors

Number of Lead Investors

Number of Investors

9

12

ShopUp is funded by 12 investors. Valar Ventures and Surge are the most recent investors.

Investor Name	Lead Investor	Funding Round
Valar Ventures	Yes	Series B
Surge	Yes	Seed
Bill & Melinda Gates Foundation	Yes	Seed
Omidyar Network	Yes	Seed
Ministry of Information and Communications Technology, Bangladesh	Yes	Grant
Flourish Ventures	—	Series B
Prosus Ventures	—	Series B
Sequoia Capital India	—	Series B
Tiger Global Management	—	Series B
Veon Ventures	—	Series B