Full-Time
Acquires and manages online businesses for resale
No salary listed
Senior, Expert
Miami, FL, USA
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OpenStore operates in the e-commerce sector by acquiring online businesses, managing them for a year, and selling curated products from exclusive brands. The company provides a unique service to online store owners who want to sell their business, offering a guaranteed monthly income during the management period, regardless of the business's performance. This safety net ensures that sellers have a steady income while transitioning out of their business. OpenStore generates revenue through the sale of these curated products and from reselling the businesses it acquires. What sets OpenStore apart from competitors is its hassle-free acquisition process, which can be completed in as little as two weeks, making it an attractive option for business owners looking for a quick and efficient sale.
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$137M
Headquarters
Miami, Florida
Founded
2021
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Health Insurance
Dental Insurance
Vision Insurance
Company Equity
401(k) Company Match
Unlimited Paid Time Off
Fitness Stipend
Fertility Treatment Support
Meal Benefits
OpenStore to spend $5 Million to occupy 113,000 square feet of space in Kansas City Missouri. OpenStore to spend $5 Million to occupy 113,000 square feet of space in Kansas City Missouri.Kansas City, Missouri — According to state and local development sources, OpenStore plans to invest $5,000,000.00 to build out 113,000 square feet of new space in Kansas City. The company plans to occupy the new space in Kansas City, on or about June 1, 2025. According to the company website OpenStore is on a mission to inspire entrepreneurs and shoppers to find something new. We give entrepreneurs the simplest way to sell their e-commerce businesses and receive liquidity. Weve paid millions of dollars to entrepreneurs all over the country, freeing them up to start new companies, spend time with family, or take a well-deserved break
OpenStore invests $5 million in Kansas City fulfillment hub.
OpenStore, an innovative e-commerce platform transforming how businesses scale and operate, announced today that it will establish its first-ever fulfillment center in Kansas City, investing $5 million and creating 46 new jobs.
While at Founders Fund, Rabois made investments including fintech unicorn Ramp, industrial staffing startup Traba and small business-focused banking, bookkeeping and tax platform Found; he also cofounded online merchant acquirer OpenStore, which itself has raised more than $100 million in funding.
How one of Miami’s buzziest startups could be producing the next generation of #MiamiTech leadersBy Riley KaminerThe year is 2002. eBay acquires PayPal, turning some of the world’s leading startup talent into free agents. This diaspora, later dubbed the “PayPal Mafia,” included some now globally-recognizable names such as David Sacks, Peter Thiel, Elon Musk.And Keith Rabois.Three years ago, in the middle of the pandemic, Rabois made a splash in the #MiamiTech ecosystem by vocally supporting our fledgling but rapidly-growing ecosystem. Since then, he’s made a point to support our local innovation ecosystem in various ways – first and foremost, through his X account. Rabois then opened an office for Founders Fund, the venture capital firm where he is a partner.In 2021, when Rabois decided to jump back into a CEO role after focusing primarily on investing, he set up shop in Miami. His latest venture, OpenStore, focuses on acquiring and growing online brands