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Global Livestream Shopping Platform Shopshops Announces $15M Series B

Jun 09, 2021•about 4 years ago

Amount Raised

$15 Million

Round Type

series b

Description

ShopShops, an interactive, global livestream shopping platform, announces today a major finance milestone with its new $15M, Series B. The financing was co-led by LightShed Ventures and Acrew Capital and supported by existing investors Union Square Ventures, Forerunner Ventures and The Chernin Group (TCG). Dave Lu from Hyphen Capital and Gaingels also participated in the round. The funding will be used to accelerate the expansion of ShopShops in the U.S

Company Information

Company

Shopshops

About

Download the app here ShopShops is a global shopping app that mimics the fun of in-person shopping through the magic of livestream video. By enabling dynamic host sellers to grow a following based on their ability to curate and sell products they make or love, ShopShops is creating an exciting way for shoppers to browse and get inspired by interesting products and deals across fashion, beauty, food and home. ShopShops hosts - in 30 countries around the world - have hosted shows with more than 750 partners, including brands like Marni, Theory, Zac Posen, Everlane, Jimmy Choo and Rag and Bone. ShopShops’ hosts bring shoppers to iconic stores, sample sales, shopping markets and more through interactive livestream events that allow customers to ask questions in real-time about product fit, material, color and more.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech