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Spocket

Dropshipping platform

Spocket logo
21-100 employees
  • B2B
  • Marketplace
  • Logistics
  • Productivity
  • SaaS
  • Delivery
  • eCommerce
Yaletown, Vancouver, BC

Company mission

To empower millions of online entrepreneurs.

Top investors

13% employee growth in 12 months

Our take

With the rise of ecommerce, the flurry of new startup brands, and the accelerating force of brick-and-mortar store closures, dropshipping has had a real moment in the spotlight over recent years. Its boom was predated by the debut of dropshipping platform Spocket, and the company has profited remarkably off of it. Spocket provides a boost to dropshipping businesses by sourcing reliable EU/US brands, negotiating product discounts, and offering branded invoicing from a single platform.

Whilst the boom of recent years appears to have calmed somewhat, dropshipping remains an appealing way of managing inventory and on-demand shipping for smaller brands. This group has been growing recently, and if the trend continues then Spocket might see a steady stream of customers looking to make savings by streamlining their business.

One hurdle Spocket will have to face, if they’re targeting smaller merchants looking to cut operational costs, is being undercut by competitors. Spocket may need to build out their services to remain competitive in a market that may become further crowded.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Benefits

  • Complete work ownership
  • Friendly and inspiring environment
  • Referral bonuses
  • Opportunity to learn at every step of the way
  • Health benefits for you and your family
  • A small, close-knit team
  • A Company Macbook on your first day

Company values

  • Challenge and collaborate: We welcome hard conversations and don’t make assumptions - ask and answer questions. Rely on each other to find solutions. Your team should be your toughest critics, your biggest challengers and your loudest supporters
  • Self improvement: We are committed to continuous investments in the growth of our team members. We also ask our teams to actively take responsibility for their own self-development
  • Professional team: We’re a team. We have a specific mission, and we come together to accomplish that mission. Winning as a team is the best way for individual team members to achieve success
  • Operate with transparency: Communicating internally and externally with unwavering honesty and respect
  • Alignment and accountability: We align around a decision and each contribute to and are accountable for its success

Funding (2 rounds)

Jun 2021

$1.2m

SEED

Feb 2012

$0.3m

SEED

Total funding: $1.5m

This company has top investors

Leadership

Has been a member of the Greater Vancouver Board of Trade, a fellow of Techstars and the C100, a 2020 Forbes 30 under 30 pick, and a contributing writer to the Forbes Technology Council.