Keith Rabois’ OpenStore bags new funding as valuation soars to $970M

Many of the e-commerce roll-up companies, also known as aggregators, slowed down this year after a record 2021. However, some younger companies in this space are still thriving.
One of these is OpenStore, a company founded in 2021 as a way for Shopify entrepreneurs looking to move on to sell their businesses in a matter of days with a cash offer and less stressful experience. Over the past 18 months, OpenStore acquired dozens of businesses representing tens of millions in revenue.
The early success of the company may lie in the makeup of its founders: OpenStore is led by some heavy hitters, in

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