Singapore · Series F startup

Who invested in ShopBack

5 rounds we have observed, with the 17 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

E-commerceFintechInternet

Valuation: $900M, Oct 2024

Funding summaryUpdated 26 Oct 2026

$111Mraised across 5 rounds since 2015, from 5 sources

$600KSeed$500KSeed$25MRound$45MRound$40MSeries F
Latest round
Series F, $40MDec 2022
Biggest round
$45MRound · Apr 2019
Investors
17 (3 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20152016201720182019202020212022
$600KSeed$500KSeed$25MRound$45MRound$40MSeries F
First round
Seed, $600K
Mar 2015
Biggest round
$45M
Round · Apr 2019
Usual gap between rounds
2.6 years
the median of 4

The rounds

  1. Dec 2022
    Series F$40M3 new1 returning

    Source recorded

  2. Apr 2019
    Round$45M3 new

    Reported by TechCrunch

  3. Nov 2017
    Round$25M9 new

    Reported by TechCrunch

  4. Apr 2015
    Seed$500K1 returning

    From a historical funding record

  5. Mar 2015
    Seed$600K2 new

    From a historical funding record

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

AppWorksAccelerator2rounds
Accel-X Pte LtdVC firm2rounds
Rakuten CapitalCorporate VC1round, led 1
jd.comGrowth equity1round, led 1
EV GrowthVC firm1round, led 1
Temasek HoldingsVC firm1round
East VenturesVC firm1round
EDBIVC firm1round
SBVAVC firm1round
Singtel Innov8Corporate VC1round
Softbank KoreaVC firm1round
January CapitalVC firm1round
Qualgro VCVC firm1round
Aetius CapitalVC firm1round
Credit Saison/ Blue Skyno record of our own yet1round
Eastno record of our own yet1round
Intouchno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about ShopBack

Who invested in ShopBack?

ShopBack's investors include AppWorks, Accel-X Pte Ltd, Rakuten Capital, jd.com and EV Growth, and 12 more on record.

How much has ShopBack raised?

ShopBack has raised $111M across 5 rounds since 2015.

When did ShopBack last raise?

ShopBack's most recent round was a Series F of $40M in Dec 2022.

What was ShopBack's biggest round?

ShopBack's largest round on record is $45M (Undisclosed round), in Apr 2019, led by Rakuten Capital.

Who backed ShopBack first?

ShopBack's first round on record, in Mar 2015, was backed by East Ventures and Accel-X Pte Ltd.

What stage is ShopBack at?

ShopBack's latest named round is a Series F, in Dec 2022.

Where is ShopBack based?

ShopBack is based in Singapore.

Who led ShopBack's rounds?

jd.com led the Undisclosed round in 2017; Rakuten Capital led the Undisclosed round in 2019.

Companies like ShopBack

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