Storecove
👤 Dolf Kars (Serial founder — built and sold Videostrip to RTL. In 2014 he bet early on Peppol, years before mandates forced it.)🌐 siteLinkedIn
An early, boring bet on e-invoicing plumbing in 2014. A decade of new mandates turned it into forced, global demand.
Will it work? · our read
Early beats clever. A patient bet on e-invoicing infrastructure that only paid once governments made it mandatory. Early and boring wins — if you can survive the decade-long wait for the law.
01How the money moves
A country mandates e-invoicing
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ERPs plug into Storecove's one API
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Storecove charges per document + tiers
02The numbers
31+
Countries live
storecove
13
Employees (2026)
tracxn
$159K
Total VC raised
crunchbase
Storecove has never published revenue. These are verifiable non-revenue facts; the ARR figure on this card is an estimate. storecove.com
Undisclosed · est. about $2-4M ARR · bootstrapped
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Storecove — 10 years, 31 countries (2026)Crunchbase — founders, $159K raised, about 13 staffLeapfunder (2015) — founder Dolf Kars sold Videostrip to RTL; early tractionStorecove — Meet Dolf Kars (25+ yrs, DBNAlliance chair)Vertex acquires ecosio (2024) — tax giants building e-invoicing in-house
Revenue is EST — Storecove has never disclosed ARR/MRR. The 'about $2-4M' figure is my inference from about 13 staff, bootstrapped status ($159K total raised, per Crunchbase) and enterprise API/volume pricing; treat as unverified. First-party/verified: founders (Dolf Kars, Willem Stemfoort, Michael Riviera), 2014 founding, 31+ country coverage, certified Peppol + DBNAlliance access point, and customer names (Certinia, Vattenfall, Censof) from Storecove's own site. No drama here: this was a patient, early bet on a mandate wave that later arrived — won on timing and persistence, not a single dramatic move. The 'dies' acquisitions (Vertex/ecosio, Xero/Tickstar) and e-invoice.be's EUR 0.18/invoice price are documented and sourced. We never score you.