Startups

Opaper takes the friction out of social commerce

Comment

Opaper's app for social commerce buyers and sellers
Image Credits: Opaper (opens in a new window)

While working her way through grad school, Opaper founder Joan McIntosh ran an online bakery. “I would wake up at 3 a.m., 4 a.m., go to a commercial kitchen and go door to door, delivering food or putting it in grocery stores.” After graduating, McIntosh’s professional life became decidedly more high tech—she was senior product manager for data and machine learning platforms at Streetlight Data and then Lacuna Technologies.

On a return trip to Southeast Asia (McIntosh was born and raised in Indonesia), she observed the rise of social commerce, or people selling through social media like Instagram and WhatsApp, and was surprised to see it was similar to all the manual work she had put into her online bakery years earlier.

“Everything was the same with how I did it,” McIntosh said. “I was just so baffled after working in tech for so many years, like why has nobody improved the process? Why is it still very manual? Why are you sending sellers payment, and then proof of payment like screenshots of bank transfers?”

While at Streetlight Data and Lacuna, McIntosh worked on products that optimized pricing, logistics and the supply chain, or “making sure that things are moving the right way, at the right speed, at the right cadence,” she said. Opaper was launched to give social commerce sellers the same type of convenience. After building a minimum viable product that allows social commerce sellers to create an online store, Opaper started onboarding users and raised an oversubscribed seed round of $1 million.

Investors include Precursor Ventures, Ratio Ventures, OnDeck, and angel investors Jay Eum, managing partner of GFT Ventures; Bora Chung, chief experience officer at Bill.com; and Frank Nawabi, an executive at Google and founder of Google-acquired Tenor. Then it built a fully remote team of 27 people in less than a year.

Opaper is now available on Android and iOS, and just four months after launching, has almost 19,000 sellers in 100 cities onboarded.

It targets small vendors, usually one or two people, who have about $2,000 to $5,000 USD gross merchandise value and want to scale, but can’t because they are busy answering questions and taking orders through WhatsApp. “They need time to focus on their product and think about how they can have an offline stores or maybe how to do franchises,” said McIntosh. “Those are the types of customers that we get to focus on more and more these days. It’s not somebody who already has three outlets. It’s somebody who has already started and is screaming ‘How to scale, how to scale?’”

While Opaper isn’t targeted to any particular sector, McIntosh said the majority of the businesses it works with are food and beverage companies, including ones that want to avoid the high commissions of third-party delivery apps. Opaper is integrated with 13 different shipping carriers that sellers can offer to their buyers, as well as e-wallets and bank transfers for payments.

For customers, Opaper means they don’t have to message back and forth with sellers to pick what goods they want and arrange payment and delivery. Instead, they go to the Opaper link in the seller’s profile and add things to a basket like any other online store. But Opaper doesn’t just make it easier for people to order goods on social media. It also lets sellers “own the direct to consumer experience,” McIntosh said.

Opaper lets sellers keep track of that kind of customer data so they can use it for re-engagement and re-targeting. Over time, it also plans to build more supply chain and inventory management tools for sellers, since many social commerce sales are pre-orders. “When I was a bakery owner, I wanted to make sure I knew how much a person was buying so I could retarget them with coupons or loyalty points. It’s something you don’t really get easily from [third-party] marketplaces,” she said.

Egyptian social commerce startup Brimore raises $25M led by IFC and Endure Capital

Leverage early investors when raising a Series A, says DeepScribe’s Akilesh Bapu

 

More TechCrunch

PayHOA, a previously bootstrapped Kentucky-based startup that offers software for self-managed homeowner associations (HOAs), is an example of how real-world problems can translate into opportunity. It just raised a $27.5…

Meet PayHOA, a profitable and once-bootstrapped SaaS startup that just landed a $27.5M Series A

Restaurant365, which offers a restaurant management suite, has raised a hot $175M from ICONIQ Growth, KKR and L Catterton.

Restaurant365 orders in $175M at $1B+ valuation to supersize its food service software stack 

Venture firm Shilling has launched a €50M fund to support growth-stage startups in its own portfolio and to invest in startups everywhere else. 

Portuguese VC firm Shilling launches €50M opportunity fund to back growth-stage startups

Chang She, previously the VP of engineering at Tubi and a Cloudera veteran, has years of experience building data tooling and infrastructure. But when She began working in the AI…

LanceDB, which counts Midjourney as a customer, is building databases for multimodal AI

Trawa simplifies energy purchasing and management for SMEs by leveraging an AI-powered platform and downstream data from customers. 

Berlin-based trawa raises €10M to use AI to make buying renewable energy easier for SMEs

Lydia is splitting itself into two apps — Lydia for P2P payments and Sumeria for those looking for a mobile-first bank account.

Lydia, the French payments app with 8 million users, launches mobile banking app Sumeria

Cargo ships docking at a commercial port incur costs called “disbursements” and “port call expenses.” This might be port dues, towage, and pilotage fees. It’s a complex patchwork and all…

Shipping logistics startup Harbor Lab raises $16M Series A led by Atomico

AWS has confirmed its European “sovereign cloud” will go live by the end of 2025, enabling greater data residency for the region.

AWS confirms will launch European ‘sovereign cloud’ in Germany by 2025, plans €7.8B investment over 15 years

Go Digit, an Indian insurance startup, has raised $141 million from investors including Goldman Sachs, ADIA, and Morgan Stanley as part of its IPO.

Indian insurance startup Go Digit raises $141M from anchor investors ahead of IPO

Peakbridge intends to invest in between 16 and 20 companies, investing around $10 million in each company. It has made eight investments so far.

Food VC Peakbridge has new $187M fund to transform future of food, like lab-made cocoa

For over six decades, the nonprofit has been active in the financial services sector.

Accion’s new $152.5M fund will back financial institutions serving small businesses globally

Meta’s newest social network, Threads, is starting its own fact-checking program after piggybacking on Instagram and Facebook’s network for a few months.

Threads finally starts its own fact-checking program

Looking Glass makes trippy-looking mixed-reality screens that make things look 3D without the need of special glasses. Today, it launches a pair of new displays, including a 16-inch mode that…

Looking Glass launches new 3D displays

Replacing Sutskever is Jakub Pachocki, OpenAI’s director of research.

Ilya Sutskever, OpenAI co-founder and longtime chief scientist, departs

Intuitive Machines made history when it became the first private company to land a spacecraft on the moon, so it makes sense to adapt that tech for Mars.

Intuitive Machines wants to help NASA return samples from Mars

As Google revamps itself for the AI era, offering AI overviews within its search results, the company is introducing a new way to filter for just text-based links. With the…

Google adds ‘Web’ search filter for showing old-school text links as AI rolls out

Blue Origin’s New Shepard rocket will take a crew to suborbital space for the first time in nearly two years later this month, the company announced on Tuesday.  The NS-25…

Blue Origin to resume crewed New Shepard launches on May 19

This will enable developers to use the on-device model to power their own AI features.

Google is building its Gemini Nano AI model into Chrome on the desktop

It ran 110 minutes, but Google managed to reference AI a whopping 121 times during Google I/O 2024 (by its own count). CEO Sundar Pichai referenced the figure to wrap…

Google mentioned ‘AI’ 120+ times during its I/O keynote

Firebase Genkit is an open source framework that enables developers to quickly build AI into new and existing applications.

Google launches Firebase Genkit, a new open source framework for building AI-powered apps

In the coming months, Google says it will open up the Gemini Nano model to more developers.

Patreon and Grammarly are already experimenting with Gemini Nano, says Google

As part of the update, Reddit also launched a dedicated AMA tab within the web post composer.

Reddit introduces new tools for ‘Ask Me Anything,’ its Q&A feature

Here are quick hits of the biggest news from the keynote as they are announced.

Google I/O 2024: Here’s everything Google just announced

LearnLM is already powering features across Google products, including in YouTube, Google’s Gemini apps, Google Search and Google Classroom.

LearnLM is Google’s new family of AI models for education

The official launch comes almost a year after YouTube began experimenting with AI-generated quizzes on its mobile app. 

Google is bringing AI-generated quizzes to academic videos on YouTube

Around 550 employees across autonomous vehicle company Motional have been laid off, according to information taken from WARN notice filings and sources at the company.  Earlier this week, TechCrunch reported…

Motional cut about 550 employees, around 40%, in recent restructuring, sources say

The keynote kicks off at 10 a.m. PT on Tuesday and will offer glimpses into the latest versions of Android, Wear OS and Android TV.

Google I/O 2024: Watch all of the AI, Android reveals

Google Play has a new discovery feature for apps, new ways to acquire users, updates to Play Points, and other enhancements to developer-facing tools.

Google Play preps a new full-screen app discovery feature and adds more developer tools

Soon, Android users will be able to drag and drop AI-generated images directly into their Gmail, Google Messages and other apps.

Gemini on Android becomes more capable and works with Gmail, Messages, YouTube and more

Veo can capture different visual and cinematic styles, including shots of landscapes and timelapses, and make edits and adjustments to already-generated footage.

Google Veo, a serious swing at AI-generated video, debuts at Google I/O 2024