Bangladesh · Funded startup

Who invested in ShopUp

3 rounds we have observed, with the 6 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.

B2BFintech

Funding summaryUpdated 26 Oct 2026

$33Mraised across 3 rounds since 2018, from 3 sources

$1.6MSeed$1.5MSeed$30MDebt
Latest round
Debt, $30MFeb 2023
Step-upi
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Investors
6
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.

20192020202120222023
$1.6MSeed$1.5MSeed$30MDebt
First round
Seed, $1.6M
Nov 2018
Biggest round
$30M
Debt · Feb 2023
Usual gap between rounds
3.8 years
the median of 2

The rounds

  1. Feb 2023
  2. Apr 2019
    Seed$1.5M1 new

    Reported by TechCrunch

  3. Nov 2018
    Seed$1.6M1 new

    Reported by Tech in Asia

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

Sequoia CapitalVC firm1round
SpeedinvestVC firm1round
Peak XVVC firm1round
Omidyar NetworkFamily office1round
Flourish VenturesVC firm1round

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

Also claim to have backed them

These 2 firms list ShopUp as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Valar VenturesVC firmPer its own site
MyAsiaVCVC firmPer its own site

Quick answers about ShopUp

Who invested in ShopUp?

ShopUp's investors include Sequoia Capital, Tiger Global Management, Speedinvest, Peak XV and Omidyar Network, and 1 more on record.

How much has ShopUp raised?

ShopUp has raised $33M across 3 rounds since 2018.

When did ShopUp last raise?

ShopUp's most recent round was a Debt of $30M in Feb 2023.

What was ShopUp's biggest round?

Its most recent round, $30M in Feb 2023, is also its largest on record.

Who backed ShopUp first?

ShopUp's first round on record, in Nov 2018, was backed by Omidyar Network.

What stage is ShopUp at?

ShopUp's latest named round is a Debt, in Feb 2023.

Where is ShopUp based?

ShopUp is based in Bangladesh.

Companies like ShopUp

In the same sector, and raised in the last eighteen months.

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