Totspot Lands $1,500,000 New Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a64b664d-221e-4a0c-8be4-285758e66484 - Date
2/3/2016 - Company Name
Totspot - Mailing Address
70 N 7th St. New York, NY 11211 USA - Company Description
Totspot is a mobile marketplace for moms to shop and sell kids fashion. $50B is spent on kids fashion (clothes, shoes and accessories) in US every year. That is $50B added to kids closets every year. Totspot is a delightful shopping experience where moms can shop kids closets directly and save up to 70% vs. retail. - Website
http://www.totspot.me - Transaction Type
Venture Equity - Transaction Amount
$1,500,000 - Transaction Round
Undisclosed - Proceeds Purposes
The funds from this round will be used to grow its selling assistant and expand to new categories. - M&A Terms
- Venture Investor
Seven Seas Ventures - Venture Investor
GGV Capital - Venture Investor
500 Startups - Venture Investor
Structure Capital
