Storr, a San Francisco, CA-based online retail marketplace available to anyone on iOS, Android, and the web, raised an additional $3m in Pre Series A funding.
The investment from Spark Capital brought the total pre-Series A funding to $7.8M.
Founded in 2018 by Eric Senn, CEO, Storr provides a marketplace that enables anyone to buy and sell new, brand-name products. Anyone can open a store from their mobile phone and sell new, brand-name products for friends and family to buy—brands handle inventory, shipping, and returns.
Anyone can sell and Storr gives the retail sales commission—up to 30%—to its sellers and/or a charity of their choice.
Sellers include fashion and lifestyle influencers Rocky Barnes, Scarlet Leithold, and Lucie Fink, as well as everyday college students, amateur athletes, working moms, and entrepreneurs.
Shoppers can purchase from sellers’ stores across social platforms, on the web, and on the Storr app with Apple Pay and Google Pay.
Spark Capital joined such investors as Alex Rodriguez, Elyse Walker, David Sacks’ Craft Ventures, Abstract Ventures, and SV Angel.
FinSMEs
15/05/2019