Cornershop - About the company
Cornershop is an acquired company based in Mexico City (Mexico), founded in 2015 by Oskar Hjertonsson, Daniel Undurraga and Juan Pablo Cuevas. It operates as an Online platform offering on-demand grocery delivery services. Cornershop has raised $30.1M in funding from investors like Accel, Jackson Square Ventures and ALLVP, with last known valuation of $*****. The company has 17 active competitors, including 2 funded and 2 that have exited. Its top competitors include companies like DoorDash, Rappi and JOKR.
Company Details
Cornershop is an online platform offering on-demand grocery delivery services. It enables users to browse their favorite stores, order online, and get it delivered to their doorstep. Products include fruits & vegetables, bakery products, dairy products, and more. Its features include multi-store checkout, contact-free delivery, deals & discounts, and more. Its app is available on the Android and IOS platforms.
- Website
- cornershopapp.com
- Social
Key Metrics
Founded Year
2015
Location
Mexico City, Mexico
Stage
Acquired
Total Funding
$30.1M in 2 rounds
Latest Funding Round
Last Known Valuation
$***** as on Sep 13, 2018
Ranked
3rd among 17 active competitors
Exit Details
Acquired by Uber (Oct 11, 2019)
Cornershop's acquisition details
Click here to take a look at Cornershop's acquisition in detail
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Cornershop's funding and investors
Cornershop has raised a total funding of $30.1M over 2 rounds. Its first funding round was on Apr 19, 2016. Its latest funding round was a Series B round on May 04, 2017 for $*****. 4 investors participated in its latest round. Cornershop has 6 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Cornershop:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 04, 2017 | 7644328 | Series B | 6474675 | 2319111 | 5272880 | 4018423 |
Apr 19, 2016 | 6716106 | Series A | 5995385 | 7406050 |
Access funding benchmarks and valuations. Sign up today!View details of Cornershop's funding rounds and investors
Cornershop's founders and board of directors
Founder? Claim ProfileHere are the details of Cornershop's key team members:
- Oskar Hjertonsson: Co-Founder & CEO of Cornershop and founder of 2 other companies, ClanDescuento and Seahorse. They are also an angel investor in 7 startups.
- Daniel Undurraga: Co-Founder & CTO of Cornershop and founder of 2 other companies, Seahorse and Needish. They are also an angel investor in 2 startups.
- Juan Pablo Cuevas: Co-Founder of Cornershop.
View details of Cornershop's Founder profiles and Board Members
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Cornershop's Competitors and alternates
Top competitors of Cornershop include DoorDash, Rappi and JOKR. Here is the list of Top 10 competitors of Cornershop, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | DoorDash 2013, San Francisco (United States), Public | Platform facilitating fast, same-day delivery of food, grocery and retail essentials from local stores and restaurants to consumers | $2.5B | 88/100 | |
2nd | Online food ordering and delivery platform | $2.46B | 78/100 | ||
3rd | Cornershop 2015, Mexico City (Mexico), Acquired | Online platform offering on-demand grocery delivery services | $30.1M | 60/100 | |
4th |  JOKR 2021, Luxembourg (Luxembourg), Series D | Online platform offering multi-category grocery products | $530M | 56/100 | |
5th | App-based platform for booking hyperlocal delivery services | - | - | 31/100 | |
6th | Online platform for purchasing superfoods and groceries | - | - | 28/100 | |
7th |  FreshMarket 2020, Mexico City (Mexico), Deadpooled | Online platform offering multi-category grocery products | - | - | 28/100 |
8th | Retailer of fresh groceries, quick meals, and household essential items | - | - | 27/100 | |
9th |  Super House 2018, Mexico, Unfunded | Online platform offering grocery supplies | - | - | 24/100 |
10th | Vacation Store Los Cabos 2004, Cabo San Lucas (Mexico), Unfunded | Online retailer for grocery products | - | - | 24/100 |
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Cornershop's Investments and acquisitions
Cornershop has made no investments or acquisitions yet.
Reports related to Cornershop
Here is the latest report on Cornershop's sector:
News related to Cornershop
Filter this list•
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Peruvian EdTech Startup Talently Raises $3M In Seed Round To Increase Its Presence In Latin AmericaEdTechReview•Jun 03, 2022•Talently, Alaya Capital Partners, Salkantay Ventures, Newtype Ventures and 8 others
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Marqeta commits to plastic neutralityFinextra•Aug 17, 2021•Marqeta, rePurpose Global, Perfect Plastic Printing, Cornershop
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Cencosud’s Strategic Partnership with Delivery Technologies (Cornershop)Global Legal Chronicle•Sep 10, 2020•Cencosud, Cornershop
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Cornershop and Uber partner up with major retailer CencosudContxto•Aug 14, 2020•Cornershop, Cencosud, Uber
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Cornershop announces partnership with Emptor to screen shoppersContxto•Aug 03, 2020•Cornershop, Contxto
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Instacart Sues Upstart Rival CornershopWinsight Grocery Business•Jul 16, 2020•Instacart, Cornershop, Uber
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