Shopstory: SaaS startup secures million-dollar investment
25.5.2023
Shopstory: SaaS startup secures million-dollar investment
Vienna, May 25, 2023 - Lower Austrian startup Shopstory offers a no-code platform for online stores that enables them to automate processes and boost performance. Despite the economic challenges for startup investments, the company has closed a successful funding round worth millions, it announced Thursday.
The new investors include Hardlymountain Capital and Calm/Storm, two renowned Austrian funds. "We are very pleased that with Hardlymountain Capital and Calm/Storm we were able to bring two strong partners on board who share our vision and will support us with their know-how and network," says Sebastian Schwelle, co-founder and CEO of Shopstory. Existing Investor:ins such as Hansi Hansmann, tecnet and Patrick Pöschl also participated in the round. According to Schwelle, the financing round could soon be expanded to include additional investors.
Shopstory on a strong growth course
Shopstory has been on an impressive growth trajectory since its first software customer in September 2020, reaching its first million euros in annual recurring revenue in less than 24 months. The startup is now active in four European countries and plans further expansion. "We see a huge market for our solution, because online stores are facing ever greater challenges to stand out from the competition and delight their customers," explains Robert Böhm, co-founder and CTO of Shopstory.
Investment in team and further development of product
With the fresh capital, Shopstory plans to further expand the team and hire experienced executives. In addition, the startup wants to further develop the product and create a no-code platform that enables the eCommerce community to contribute their knowledge and automate and share processes. Users will be able to choose from a library of ready-to-use automations created by experts and activate them with a few clicks. The experts can thus become creators and earn money passively with their know-how. "We quickly realized that our customers love our ready-to-use automations, so this step was only the logical consequence for us," adds Schwelle.
About Shopstory.ai
Shopstory was founded in September 2020 and operated under the name boomerank until 2022. Right from the start, the Shopstory team set itself the goal of making the eCommerce market more transparent and fairer. With a no-code platform that enables online stores to automate processes that actually deliver performance, they see themselves perfectly positioned. Each customer receives ongoing individual recommendations for improved performance, which can be implemented with just a few clicks. Unlike most other tools, Shopstory does not require any technical know-how, but a webshop with a store system must be available.
Contact
Christian Wawer, Marketing Lead
Speaker
Results
Vienna, May 25, 2023 - Lower Austrian startup Shopstory offers a no-code platform for online stores that enables them to automate processes and boost performance. Despite the economic challenges for startup investments, the company has closed a successful funding round worth millions, it announced Thursday.
The new investors include Hardlymountain Capital and Calm/Storm, two renowned Austrian funds. "We are very pleased that with Hardlymountain Capital and Calm/Storm we were able to bring two strong partners on board who share our vision and will support us with their know-how and network," says Sebastian Schwelle, co-founder and CEO of Shopstory. Existing Investor:ins such as Hansi Hansmann, tecnet and Patrick Pöschl also participated in the round. According to Schwelle, the financing round could soon be expanded to include additional investors.
Shopstory on a strong growth course
Shopstory has been on an impressive growth trajectory since its first software customer in September 2020, reaching its first million euros in annual recurring revenue in less than 24 months. The startup is now active in four European countries and plans further expansion. "We see a huge market for our solution, because online stores are facing ever greater challenges to stand out from the competition and delight their customers," explains Robert Böhm, co-founder and CTO of Shopstory.
Investment in team and further development of product
With the fresh capital, Shopstory plans to further expand the team and hire experienced executives. In addition, the startup wants to further develop the product and create a no-code platform that enables the eCommerce community to contribute their knowledge and automate and share processes. Users will be able to choose from a library of ready-to-use automations created by experts and activate them with a few clicks. The experts can thus become creators and earn money passively with their know-how. "We quickly realized that our customers love our ready-to-use automations, so this step was only the logical consequence for us," adds Schwelle.
About Shopstory.ai
Shopstory was founded in September 2020 and operated under the name boomerank until 2022. Right from the start, the Shopstory team set itself the goal of making the eCommerce market more transparent and fairer. With a no-code platform that enables online stores to automate processes that actually deliver performance, they see themselves perfectly positioned. Each customer receives ongoing individual recommendations for improved performance, which can be implemented with just a few clicks. Unlike most other tools, Shopstory does not require any technical know-how, but a webshop with a store system must be available.
Contact
Christian Wawer, Marketing Lead
Vienna, May 25, 2023 - Lower Austrian startup Shopstory offers a no-code platform for online stores that enables them to automate processes and boost performance. Despite the economic challenges for startup investments, the company has closed a successful funding round worth millions, it announced Thursday.
The new investors include Hardlymountain Capital and Calm/Storm, two renowned Austrian funds. "We are very pleased that with Hardlymountain Capital and Calm/Storm we were able to bring two strong partners on board who share our vision and will support us with their know-how and network," says Sebastian Schwelle, co-founder and CEO of Shopstory. Existing Investor:ins such as Hansi Hansmann, tecnet and Patrick Pöschl also participated in the round. According to Schwelle, the financing round could soon be expanded to include additional investors.
Shopstory on a strong growth course
Shopstory has been on an impressive growth trajectory since its first software customer in September 2020, reaching its first million euros in annual recurring revenue in less than 24 months. The startup is now active in four European countries and plans further expansion. "We see a huge market for our solution, because online stores are facing ever greater challenges to stand out from the competition and delight their customers," explains Robert Böhm, co-founder and CTO of Shopstory.
Investment in team and further development of product
With the fresh capital, Shopstory plans to further expand the team and hire experienced executives. In addition, the startup wants to further develop the product and create a no-code platform that enables the eCommerce community to contribute their knowledge and automate and share processes. Users will be able to choose from a library of ready-to-use automations created by experts and activate them with a few clicks. The experts can thus become creators and earn money passively with their know-how. "We quickly realized that our customers love our ready-to-use automations, so this step was only the logical consequence for us," adds Schwelle.
About Shopstory.ai
Shopstory was founded in September 2020 and operated under the name boomerank until 2022. Right from the start, the Shopstory team set itself the goal of making the eCommerce market more transparent and fairer. With a no-code platform that enables online stores to automate processes that actually deliver performance, they see themselves perfectly positioned. Each customer receives ongoing individual recommendations for improved performance, which can be implemented with just a few clicks. Unlike most other tools, Shopstory does not require any technical know-how, but a webshop with a store system must be available.
Contact
Christian Wawer, Marketing Lead
Vienna, May 25, 2023 - Lower Austrian startup Shopstory offers a no-code platform for online stores that enables them to automate processes and boost performance. Despite the economic challenges for startup investments, the company has closed a successful funding round worth millions, it announced Thursday.
The new investors include Hardlymountain Capital and Calm/Storm, two renowned Austrian funds. "We are very pleased that with Hardlymountain Capital and Calm/Storm we were able to bring two strong partners on board who share our vision and will support us with their know-how and network," says Sebastian Schwelle, co-founder and CEO of Shopstory. Existing Investor:ins such as Hansi Hansmann, tecnet and Patrick Pöschl also participated in the round. According to Schwelle, the financing round could soon be expanded to include additional investors.
Shopstory on a strong growth course
Shopstory has been on an impressive growth trajectory since its first software customer in September 2020, reaching its first million euros in annual recurring revenue in less than 24 months. The startup is now active in four European countries and plans further expansion. "We see a huge market for our solution, because online stores are facing ever greater challenges to stand out from the competition and delight their customers," explains Robert Böhm, co-founder and CTO of Shopstory.
Investment in team and further development of product
With the fresh capital, Shopstory plans to further expand the team and hire experienced executives. In addition, the startup wants to further develop the product and create a no-code platform that enables the eCommerce community to contribute their knowledge and automate and share processes. Users will be able to choose from a library of ready-to-use automations created by experts and activate them with a few clicks. The experts can thus become creators and earn money passively with their know-how. "We quickly realized that our customers love our ready-to-use automations, so this step was only the logical consequence for us," adds Schwelle.
About Shopstory.ai
Shopstory was founded in September 2020 and operated under the name boomerank until 2022. Right from the start, the Shopstory team set itself the goal of making the eCommerce market more transparent and fairer. With a no-code platform that enables online stores to automate processes that actually deliver performance, they see themselves perfectly positioned. Each customer receives ongoing individual recommendations for improved performance, which can be implemented with just a few clicks. Unlike most other tools, Shopstory does not require any technical know-how, but a webshop with a store system must be available.
Contact
Christian Wawer, Marketing Lead
Vienna, May 25, 2023 - Lower Austrian startup Shopstory offers a no-code platform for online stores that enables them to automate processes and boost performance. Despite the economic challenges for startup investments, the company has closed a successful funding round worth millions, it announced Thursday.
The new investors include Hardlymountain Capital and Calm/Storm, two renowned Austrian funds. "We are very pleased that with Hardlymountain Capital and Calm/Storm we were able to bring two strong partners on board who share our vision and will support us with their know-how and network," says Sebastian Schwelle, co-founder and CEO of Shopstory. Existing Investor:ins such as Hansi Hansmann, tecnet and Patrick Pöschl also participated in the round. According to Schwelle, the financing round could soon be expanded to include additional investors.
Shopstory on a strong growth course
Shopstory has been on an impressive growth trajectory since its first software customer in September 2020, reaching its first million euros in annual recurring revenue in less than 24 months. The startup is now active in four European countries and plans further expansion. "We see a huge market for our solution, because online stores are facing ever greater challenges to stand out from the competition and delight their customers," explains Robert Böhm, co-founder and CTO of Shopstory.
Investment in team and further development of product
With the fresh capital, Shopstory plans to further expand the team and hire experienced executives. In addition, the startup wants to further develop the product and create a no-code platform that enables the eCommerce community to contribute their knowledge and automate and share processes. Users will be able to choose from a library of ready-to-use automations created by experts and activate them with a few clicks. The experts can thus become creators and earn money passively with their know-how. "We quickly realized that our customers love our ready-to-use automations, so this step was only the logical consequence for us," adds Schwelle.
About Shopstory.ai
Shopstory was founded in September 2020 and operated under the name boomerank until 2022. Right from the start, the Shopstory team set itself the goal of making the eCommerce market more transparent and fairer. With a no-code platform that enables online stores to automate processes that actually deliver performance, they see themselves perfectly positioned. Each customer receives ongoing individual recommendations for improved performance, which can be implemented with just a few clicks. Unlike most other tools, Shopstory does not require any technical know-how, but a webshop with a store system must be available.
Contact
Christian Wawer, Marketing Lead
Shopstory: SaaS startup secures million-dollar investment
Vienna, May 25, 2023 - Lower Austrian startup Shopstory offers a no-code platform for online stores that enables them to automate processes and boost performance. Despite the economic challenges for startup investments, the company has closed a successful funding round worth millions, it announced Thursday.
The new investors include Hardlymountain Capital and Calm/Storm, two renowned Austrian funds. "We are very pleased that with Hardlymountain Capital and Calm/Storm we were able to bring two strong partners on board who share our vision and will support us with their know-how and network," says Sebastian Schwelle, co-founder and CEO of Shopstory. Existing Investor:ins such as Hansi Hansmann, tecnet and Patrick Pöschl also participated in the round. According to Schwelle, the financing round could soon be expanded to include additional investors.
Shopstory on a strong growth course
Shopstory has been on an impressive growth trajectory since its first software customer in September 2020, reaching its first million euros in annual recurring revenue in less than 24 months. The startup is now active in four European countries and plans further expansion. "We see a huge market for our solution, because online stores are facing ever greater challenges to stand out from the competition and delight their customers," explains Robert Böhm, co-founder and CTO of Shopstory.
Investment in team and further development of product
With the fresh capital, Shopstory plans to further expand the team and hire experienced executives. In addition, the startup wants to further develop the product and create a no-code platform that enables the eCommerce community to contribute their knowledge and automate and share processes. Users will be able to choose from a library of ready-to-use automations created by experts and activate them with a few clicks. The experts can thus become creators and earn money passively with their know-how. "We quickly realized that our customers love our ready-to-use automations, so this step was only the logical consequence for us," adds Schwelle.
About Shopstory.ai
Shopstory was founded in September 2020 and operated under the name boomerank until 2022. Right from the start, the Shopstory team set itself the goal of making the eCommerce market more transparent and fairer. With a no-code platform that enables online stores to automate processes that actually deliver performance, they see themselves perfectly positioned. Each customer receives ongoing individual recommendations for improved performance, which can be implemented with just a few clicks. Unlike most other tools, Shopstory does not require any technical know-how, but a webshop with a store system must be available.
Contact
Christian Wawer, Marketing Lead
