Shoplo sp. z o.o.

Shoplo sp. z o. o. is an innovative e-commerce platform that empowers small and medium-sized businesses to build and manage their online stores with user-friendly tools and features.

Founded in 2011 in Warszawa, Poland, Shoplo sp. z o. o. provides a multichannel e-commerce solution designed for small and medium-sized businesses.

The company has undergone strategic developments to enhance its product offerings. The founders, Grzegorz Lech and Patryk Pawlikowski, have a background in entrepreneurship, contributing to the company’s growth. Shoplo has raised a total of USD 0. 68 mn, with its most recent funding round in February 2019, led by bValue, marking a definitive agreement for acquisition by SumUp, a portfolio company of American Express.

Shoplo offers a comprehensive multichannel e-commerce platform that allows users to create and manage online stores. It features customizable storefront designs, marketing tools, shipping integrations, and payment gateways, catering primarily to small and medium-sized businesses. Shoplo serves over 20,000 brands, helping them enhance their e-commerce presence across Poland, Europe, and potentially beyond. In 2022, Shoplo reported a revenue of USD 86,095 and an EBITDA of USD 56,904.

Revenue is generated through subscription services, with clients paying monthly fees for access to the platform's features, which support both B2B and direct-to-consumer sales models, supplemented by partnerships with third-party services. Shoplo is focused on launching new products designed to enhance user experience and expand functionalities. The company aims to enter new geographic markets by 2024, with specific plans to penetrate additional European regions. The funding from the latest round will be utilized to support these initiatives, particularly the development of new features and marketing strategies to attract more clients globally.