🦊/Companies

Shopventory

Techstars '13

San Diego, US · Founded 2013 · Delaware corporation · 25 employees on LinkedIn · 1 known investors

Find your way into Shopventory

690 people in our graph share verified history with the Shopventory team — schools, employers, funds. One of them is your warm intro.

Birgitteunlockedknows Rares Saftoiu · together at UC San Diego (overlapped)
×7knows the team · via Techstars
×2knows the team · via UC San Diego
×2knows the team · via Stony Brook University

Thrive is an inventory management, catalog control, and reporting system for small retailers and merchants. The platform provides tools for stock tracking, purchase order automation, and business reporting to help store owners manage operations efficiently.

Founders & leadership

Shopventory was founded in 2013 by Bach Le and Rares Saftoiu.

BL
Bach LeinCo-founderBach Le founded Shopventory in 2013 and completed the Boulder Techstars program that year. He is building an inventory management and business intelligence platform for small retailers using point of sale systems.
RSRares Saftoiu
Rares SaftoiuinFounderRares Saftoiu is a software engineer with experience in enterprise web application development, specializing in both frontend and backend systems. His technical interests include A/B testing, user interface design, and scalability.
DC
David CarlsonNamed on SEC filing

Board

TM
Timothy MoynihanBoard director

Investors · 1

Reported raises · per SEC filings

Form D private placements

$2.2M disclosed across 3 rounds · 2016–2022

$1.4MraisedJul 2022 · 4 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Timothy MoynihanDirector
  • Dave CarlsonExecutive Officer, Director
  • Bach LeDirector
Offering amount
$1.6M
Amount sold
$1.4M
First sale
Jul 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$355KraisedApr 2020 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • David CarlsonExecutive Officer, Director
  • Bach LeExecutive Officer, Director
  • Timothy MoynihanExecutive Officer, Director
Offering amount
$1M
Amount sold
$355K
First sale
Dec 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$400KraisedApr 2016 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • David CarlsonExecutive Officer, Director
  • Timothy MoynihanDirector
  • Bach LeExecutive Officer, Director
Offering amount
$500K
Amount sold
$400K
First sale
Mar 2016
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 7

by search overlap
Intuit®267 shared keywordsIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.
Square265 shared keywordsSquare is a financial services platform that provides point-of-sale systems, payment processing, payroll management, and cash flow tools for small and medium-sized businesses. The platform integrates with hundreds of third-party applications to help merchants manage operations across online and offline channels.
Lightspeed198 shared keywordsLightspeed provides a point-of-sale and payments platform that lets retail and hospitality businesses sell in person, online, and on social channels from one connected system. It offers inventory management, integrations, embedded funding, and B2B wholesale ordering for merchants across more than 100 countries.
Fishbowl Inventory177 shared keywordsFishbowl provides asset inventory tracking software that helps warehouses and manufacturing operations monitor physical assets, equipment, and inventory in real time. The platform integrates with QuickBooks and is designed for small to mid-sized businesses managing inventory, fixed assets, and IT resources.
Ordoro150 shared keywordsOrdoro provides ecommerce fulfillment software that consolidates shipping, inventory management, and order workflows into one system, integrating with sales channels and shipping carriers. It targets growing online merchants and brands looking to automate and scale their operations.
Scandit137 shared keywordsScandit builds Smart Data Capture software that turns smartphones, handheld computers, fixed cameras, and drones into barcode and data scanning devices, integrated into business workflows. It serves enterprise customers worldwide across industries, providing scanning, solution design, and integration support.
Katana136 shared keywordsKatana provides a cloud inventory platform with built-in inventory, production, and reporting features for end-to-end inventory management aimed at modern manufacturing and product businesses. The company operates from Tallinn with staff across North America, Europe, and New Zealand.

Companies competing with Shopventory for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Shopventory do?
Thrive is an inventory management, catalog control, and reporting system for small retailers and merchants. The platform provides tools for stock tracking, purchase order automation, and business reporting to help store owners manage operations efficiently.
Who founded Shopventory?
Shopventory was founded by Bach Le, Rares Saftoiu in 2013.
Who are Shopventory's investors?
Shopventory's investors include Techstars.
How much funding has Shopventory raised?
Shopventory has disclosed $2.2M raised across 3 rounds.
Where is Shopventory headquartered?
Shopventory is headquartered in San Diego, US.