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OpenStore acquires Shopify businesses, offering founders a streamlined process to sell their stores.
Founded in 2021 and based in Miami, OpenStore provides an acquisition service for Shopify businesses. It evaluates online stores and makes cash offers to founders, including brands in apparel, beauty, and supplements. The company was co-founded by Jack Abraham, Jeremy Wood, and Sean Myburgh; Keith Rabois is CEO. In August 2022, it raised USD 32.00 mn in Series B funding led by Lux Capital.
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