FundedIQ
Commerce and Shopping

ShopUp: Funding, Investors & Team (Sep 2026)

ShopUp provides easy access to B2B sourcing, last-mile logistics, digital credit, and business management solutions to small businesses. The company was founded in 2017 and is based in Dhaka, Bangladesh.

shopup.com.bd LinkedIn Dhaka, Bangladesh 501-1000 employees
E-Commerce Internet Shopping
Total raised
$22.5M
Rounds
1
Latest
Undisclosed round
Oct 2020

ShopUp has raised $22.5M across 1 funding round on record, the most recent an undisclosed round of $22.5M announced in Oct 2020.

That round is above the $3.5M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.

ShopUp Company Profile and Key Stats

Total funding raised
$22.5M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$22.5M in Oct 2020
Employees
501-1000
reported band
Headquarters
Dhaka, Bangladesh

Latest funding round on record: Oct 2020.

ShopUp Funding Rounds

Date
Round
Amount
Undisclosed round
$22.5M

ShopUp Founders and Leadership Team

Name
Role
Contact
Afeef Zaman
CEO

No contact details are on record for this team yet.

ShopUp Funding Compared to Other Commerce and Shopping Startups

Segment
Companies
Median round

ShopUp's latest round of $22.5M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like ShopUp in Commerce and Shopping and Dhaka

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ShopUp Funding FAQs

What does ShopUp do?

ShopUp provides easy access to B2B sourcing, last-mile logistics, digital credit, and business management solutions to small businesses. The company was founded in 2017 and is based in Dhaka, Bangladesh.

How much funding has ShopUp raised?

ShopUp has raised $22.5M across 1 round on record. The most recent is an undisclosed round of $22.5M announced in Oct 2020.

When did ShopUp last raise funding?

ShopUp's most recent funding round on record is an undisclosed round of $22.5M, announced in Oct 2020.

Who is the CEO of ShopUp?

Afeef Zaman is listed as CEO at ShopUp.

Where is ShopUp headquartered?

ShopUp is based in Dhaka, Bangladesh.

How many employees does ShopUp have?

ShopUp is in the 501-1000 employee band.

How does ShopUp's funding compare to other Commerce and Shopping startups?

ShopUp's latest round of $22.5M is above the $3.5M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.

About FundedIQ's ShopUp Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for ShopUp is left off this page rather than filled in.

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