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Full-Time

Senior Software Engineer

Backend

Updated on 10/11/2024

OpenStore

OpenStore

51-200 employees

Acquires and manages online businesses for resale

Consumer Software
Consumer Goods

Senior

New York, NY, USA

Category
Backend Engineering
Software Engineering
Required Skills
Kotlin
TypeScript
Product Design
Requirements
  • 5-8+ years of prior software engineering experience
  • You strive for technical excellence in your domain
  • You have an interest and/or track record to building scaled systems that tackle difficult problems
  • You exemplify a winning team oriented mentality
  • Familiarity with or willingness to learn TypeScript and Kotlin stack
  • Familiarity with the Shopify ecosystem is a nice-to-have
Responsibilities
  • Take initiative in identifying and exploiting opportunities that significantly benefit the company.
  • Design, develop, ship, and maintain complex systems independently and/or alongside other engineers as peers
  • Contribute to the future architecture of key systems and frameworks, balancing innovation and reliability.
  • Help develop a technical vision and roadmap that generate massive business value and optionality for our cross-functional teams and contribute to such across the entire company.
  • Identify and bring to life tools and over forms of leverage to be consumed by the company; including helping to decide when to build systems to increase our in-house leverage versus selecting from externally available 3rd party tools
  • Partner with and wear multiple hats across product, design, engineering and operations

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 guarantees original owners a set monthly income during the management period, providing financial security as they transition out of their business. OpenStore's revenue comes from selling these curated products and from reselling the acquired businesses. Unlike many competitors, OpenStore offers a hassle-free acquisition process, often completing purchases in as little as two weeks. The goal of OpenStore is to support online business owners through a smooth transition while also expanding its portfolio of exclusive products.

Company Stage

Series B

Total Funding

$152M

Headquarters

Miami, Florida

Founded

2021

Growth & Insights
Headcount

6 month growth

-8%

1 year growth

-8%

2 year growth

1%
Simplify Jobs

Simplify's Take

What believers are saying

  • OpenStore's rapid growth and significant funding, including over $150 million in venture capital, indicate strong financial health and expansion potential.
  • The company's innovative approach to e-commerce, including successful initiatives like increasing Jack Archer's revenue from $1M to $10M, showcases its ability to scale businesses effectively.
  • OpenStore's commitment to employee well-being and creative collaboration, as evidenced by its expanded Miami office with wellness rooms and themed conference spaces, enhances its attractiveness as an employer.

What critics are saying

  • The reliance on acquiring and managing a diverse portfolio of online businesses could lead to operational complexities and integration challenges.
  • Guaranteeing a set monthly income to original business owners regardless of performance may strain financial resources if acquired businesses underperform.

What makes OpenStore unique

  • OpenStore's unique model of acquiring, managing, and reselling online businesses within a year, while guaranteeing a set monthly income to original owners, sets it apart from traditional e-commerce platforms.
  • The company's focus on curated products from exclusive brands and a hassle-free acquisition process finalized in as little as two weeks provides a distinct competitive edge.
  • OpenStore's strong backing from prominent investors like Lux Capital, Atomic, Founders Fund, and Khosla Ventures, along with its Miami-based operations, further differentiates it in the market.