OrderGroove Lands $7,000,000 New Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ee900444-abce-4aa0-8e05-941084237088&Preview=1 - Date
11/6/2012 - Company Name
OrderGroove - Mailing Address
900 Broadway New York, NY 10003 - Company Description
OrderGroove powers subscription and auto-replenishment programs for retailers and brands, allowing customers to subscribe to frequently purchased items as well as launch monthly clubs. Our Subscription Commerce Platform integrates seamlessly into an eCommerce site, allowing merchants to tap the power of convenience to turn new and existing customers into repeat buyers. - Website
http://www.ordergroove.com - Transaction Type
Venture Equity - Transaction Amount
$7,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
The funding will be used for product development and hiring in engineering, services, sales and marketing, as well as rapidly move into new verticals and channels. - M&A Terms
- Venture Investor
Lerer Ventures - Venture Investor
Allegro Venture Partners - Venture Investor
Bee Partners - Venture Investor
Individual Investor - Venture Investor
Individual Investor - Venture Investor
Fung Capital - Venture Investor
Legend Ventures - Venture Investor
SWaN Venture
