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shopflo

60 employees

shopflo aims to supercharge conversions for e-commerce websites at checkout by improving user experience, helping build stronger intent and trust during the purchase Problem statement - (1) There is ~70% drop off at checkout for most independent e-commerce retailer (outside of large marketplaces) (2) E-commerce cart platforms allow minimal flexibility on checkout, with their experience still same as the last decade (3) Whereas user experiences are defined by new consumer platforms such as Swiggy, Amazon, etc. There is a fundamental unbundling of monolith shopping cart platforms globally for mid-market and enterprise customers, who are moving towards headless (read modular) architecture. Shopflo aims to be the global default for checkout experiences.

Investor insights

Funding rounds participated in

$3M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Embedded Software Products

Sectors

Embedded Software Products

Date founded

2021

Funding rounds raised

Total raised

$3M

from 3 investors over 1 rounds

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shopflo raised $3M on June 11, 2022

Investors: TQ Ventures, Tiger Global Management and + 1 Other investor

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