OpenStore Secures $32M in Series B Funding to Revolutionize E-Commerce and Empower Entrepreneurs

OpenStore is thrilled to announce a successful funding round, having raised $32,000,000 to accelerate our mission of inspiring entrepreneurs and shoppers to discover something new every day. This exciting capital injection will serve as a catalyst for our ambitious growth plans and further strengthen our position as a market leader in the e-commerce space. At OpenStore, we provide entrepreneurs with the simplest way to sell their e-commerce businesses and unlock liquidity, empowering them to take the next exciting step in their entrepreneurial journeys. Over the years, we have paid millions of dollars to entrepreneurs nationwide, enabling them to reinvest in new ventures, spend quality time with family, or simply take a well-deserved break. Our portfolio speaks to our success—we currently manage the largest number of Shopify brands, boasting over 100,000 products across categories such as apparel, beauty, home goods, and electronics. The new funding will not only enable us to continue growing our vast portfolio, but also facilitate the development of our innovative consumer shopping app. This app is designed to revolutionize the way people discover and purchase products, by bringing fresh ideas and seamless experiences to users. With two million customers already benefiting from OpenStore’s curated selection and exceptional service, we are excited to extend our value proposition to an even broader audience. By leveraging our team of experienced e-commerce professionals, specialized engineers, and proprietary technology, we are poised to grow our brand reach significantly and set new standards for the industry. This strategic funding is a key milestone on our journey to drive entrepreneurial success and redefine the online shopping landscape.