
StoreHub
Petaling Jaya, Selangor, Malaysia
2024 Revenue
$13.4M(Est.)
Customers
15K
Funding
$15M
Avg ACV
$896
Team
305
Founded
2013
StoreHub Revenue & Funding (2024)
Developer of a cloud-based point of sale software created for retailers to digitize their business. The company develops a cloud-based point of sale system that offers real-time reports, inventory management and customer data collection that help to connect the long line of less sophisticated physical traders online, enabling users to digitize their finances and inventory management.
Last updated
StoreHub Revenue
In 2024, StoreHub's revenue reached $13.4M. The company previously reported $10.6M in 2023. Since its launch in 2013, StoreHub has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | StoreHub Hit $13.4m revenue in October 2024 | Estimated |
| 2023 | StoreHub Hit $10.6m revenue in December 2023 | Estimated |
| 2021 | StoreHub Hit $6.5m revenue in April 2021 | |
| 2013 | Launched with $0 revenue |
StoreHub Valuation, Funding Rounds
StoreHub has not publicly disclosed its valuation. The company has raised $15M in total funding to date.
StoreHub has raised $15M in total funding across 4 rounds, with its most recent round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Funding round | $8.9M | - | - | |
| 2018 | Funding round | $5.1M | - | - | |
| 2016 | Funding round | $850K | - | - | |
| 2014 | Funding round | $167K | - | - |
Founder / CEO
Wai Hong Fong
CEO
Wai Hong Fong grew up in Malaysia, spent 4 years in Singapore as an ASEAN Scholar and lived 10 years in Melbourne. Immediately after completing his BA at the University of Melbourne, Wai Hong co-founded and was managing director for 5 years at OZHut, a multi-niche online retailer. Wai Hong's experience as an entrepreneur draws its depth fromthe different cycles that the business has undergone, from the initial days of dabbling with eBay to building multiple full fledged award-winning eCommerce stores. Wai Hong was also named Australia's Best Young Entrepreneur in 2011 by StartupSmart and amongst Melbourne's top 100 most influential people by The Age Newspaper that same year. Wai Hong has since spent 1.5 years living in Shanghai where he studied Chinese and eventually returned to Malaysia in 2013 where he founded his latest venture, StoreHub, a Beautiful, Cloud Based Store Management System for SMEs. StoreHub combines iPad POS, Inventory & Customer Relationship Management with enterprise features in a beautiful and simple User Interface with the goal of making Businesses Awesome. Wai Hong is passionate about building businesses that are profitable but purposeful and believe that the means by which we build them should be marked by integrity, humility and generosity. Immediately after completing his BA at the University of Melbourne, he co-founded and was managing director at OZHut for 5 years, a multi-niche online retailer. His experience as an entrepreneur draws its depth from the different cycles that the business has undergone, from the initial days of dabbling with eBay to building multiple full fledged award-winning eCommerce stores. This also includes everything from writing code, web development and design, SEO and even running the packing tables at the warehouse. He also named Australia's Best Young Entrepreneur in 2011 by StartupSmart and amongst Melbourne's top 100 most influential people by The Age Newspaper that same year. He is passionate about building businesses that are profitable but purposeful and believe that the means by which they build them should be marked by integrity, humility and generosity. Today he is the co-founder and Chieftain here at StoreHub and am on a mission to support SMEs as they transition into a world of omnichannel, relational commerce and AI.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
StoreHub serves 15K customers.
StoreHub Employees & Team Size
StoreHub employs approximately 305 people as of 2026, up from 298 in 2023. It serves 15K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 305 employees (December 2024) | |
| 2024 | Reached 293 employees (October 2024) | |
| 2023 | Reached 298 employees (December 2023) | |
| 2022 | Reached 310 employees (December 2022) | |
| 2021 | Reached 219 employees (December 2021) | |
| 2021 | Reached 204 employees (April 2021) |
Frequently Asked Questions about StoreHub
What is StoreHub's revenue?
StoreHub generates an estimated $13.4M in annual revenue.
Who founded StoreHub?
StoreHub was founded by Wai Hong Fong.
Who is the CEO of StoreHub?
The CEO of StoreHub is Wai Hong Fong.
How much funding does StoreHub have?
StoreHub raised $15M across 4 rounds.
How many employees does StoreHub have?
StoreHub has 305 employees.
Where is StoreHub headquarters?
StoreHub is headquartered in Petaling Jaya, Selangor, Malaysia.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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