Totspot Lands $1,500,000 New Financing Round

  • Feed Type
  • 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