OrderGroove Lands $7,000,000 New Financing

  • Feed Type
  • 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