Storenvy has secured a $5 million Series A funding to fuel the growth of its social commerce platform. The round was led by Intel Capital and Spark Capital with participation by First Round Capital.
Storenvy announces a $5 million Series A funding round to fuel the growth of its social commerce platform, now used by more than 30,000 creative businesses and processing millions of dollars per month. The financing round was led by Intel Capital and Spark Capital with participation by First Round Capital.
Storenvy is both a custom storefront builder as well as a social marketplace. The company provides online merchants with a dead-simple, stylish custom storefront, for free, with tools to fully customize and launch an online store in minutes. And unlike other store platforms, Storenvy also features a vibrant social marketplace with a built-in shopper base of over a half-million users, where shoppers can browse items from all Storenvy storefronts in one place. As the only storefront/marketplace hybrid on the market, Storenvy provides a one-two punch for online merchants, offering the perks of a custom online store as well as being part of a marketplace where they can connect with new customers.
Laura Maas | InkHouse
(note new URL for website and email: www.inkhouse.com)
Account Executive & Social Media Coordinator
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Twitter | @Laura__PM
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