BVF08: Shopster - What are you selling?

by Rob Lewis | Business

I'm settled into the back of the IT Stream presentation hall at the Banff Venture Forum and Calgary-based Shopster is up first. I'll cover the presenting start-ups over the next two days that I think our readers will find of interest.

Shopster CEO & Founder Sarath Samarasekera presented a concise pitch outlining Shopster's success to date and needs to future expansion. The premise behind Shopster is simple: provide a way for anyone to open an online store. Shopster's web-based ASP platform handles everything you'd normally expect from a turn-key shopping site solution. Shopster gives e-commerce dreamers the tools to build a state-of-the-art e-commerce store in 30 minutes (the record to date for store set-up to first sale is six and a half minutes). Most importantly, Shopster clients have access to a virtual warehouse of over 1,000,000 products and drop-shipping services that allows e-tailers to keep their garages and basements free of inventory.

Shopster is seeking $5 Million in expansion capital.

Calgary, Alberta, Canada

Founded in April 2004, Shopster e-Commerce, Inc. is a complete e-Commerce and product source solution provider. Our two-tiered product offering allows our consumers the opportunity to utilize our exclusive software within the boundaries of their unique business needs. Shopster e-Commerce allows a new retailer to build a multi-channel online business, complete with hosted storefront. Shopster... more

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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more

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