We’re excited to welcome Gigi Melrose to OpenStore as we continue to unlock liquidity for e-commerce entrepreneurs all over the country. Gigi has dedicated her career to helping small and medium-sized businesses thrive. She spent 13 years at Meta, joining pre-IPO, and served as VP of Small Business Growth in her most recent role.
Before OpenStore was started, founders of e-commerce businesses didn’t have many options to sell the businesses they worked so hard to build. Considered too small by private equity or not explosive enough for venture capital, they turned to marketplaces or brokers to find the right buyer, a process that can be both stressful and expensive.
OpenStore changed this. We’ve streamlined the valuation process using technology so entrepreneurs can easily and quickly receive an offer for their Shopify business, for free. Over the last two years, OpenStore’s grown its portfolio to nearly 50 brands with 100,000+ products across apparel, beauty, home goods, and electronics.
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