ShopperPlus, a Vaudreuil-Dorion, Quebec, Canada-based e-commerce platform, raised CAD $20m in Series A funding.
The round was led by Celtic House Asia Partners, with participation from Canada Business Growth Fund, Celtic House Venture Partners and the National Bank of Canada, as well as individual investors e-commerce shopping app Wish co-founder Danny Zhang and Sequoia China managing director Kevin Pan.
The company intends to use the funds to expand the platform to include more vertical product offerings as well as to broaden its in-house fulfillment centres’ coverage.
Led by Jack Zhan, Founder and CEO, ShopperPlus is an e-commerce platform selling office supplies, electronics, lifestyle, kitchen utensils and various other categories. The platform tailors targeted product recommendations based on individual purchase patterns and seasonality, with more than 30 percent of goods produced in Canada. Besides providing 24-hour customer support, the company also ensures that all orders filed before 2 p.m. are shipped on the same day, guaranteeing next-day delivery for at least a half of its customers.
The company currently has 150 employees in Canada.
FinSMEs
02/09/2021