Heyday, a San Francisco CA-based eCommerce brand building company, raised $70M in Series B funding.
The round was led by General Catalyst with participation from Khosla Ventures and Arbor Ventures.
The company intends to use the funds to expand operations and its business reach.
Led by Sebastian Rymarz, co-founder and CEO, Heyday provides a platform advancing a marketplace-native approach to eCommerce brand building combining technology, data and capital.
The company forms innovative partnerships with eCommerce entrepreneurs, spanning growth capital to full acquisitions. Once a part of the Heyday platform, brands are tapped into marketplace-native technology, data and operational capabilities designed to produce exponential growth, and can participate in the success of the platform through its entrepreneur equity-sharing program.
Since emerging from stealth in November 2020, Heyday has scaled rapidly, crossing $100M in revenue, growing its global team to over 100 employees and expanding into over a dozen international markets.
Heyday has also brought on new team leaders to support its growth over the last six months, adding:
- Head of Technology Tapan Shah (Coupang, Amazon),
- Head of Operations Karan Gandhi (Boxed, Amazon),
- Head of Creative Ted Tsandes (Skullcandy) and
- Head of Legal Megan Agnew (Conagra, Latham & Watkins).
The company has also appointed eCommerce innovator Tina Sharkey, co-founder of Brandless and Board Member of PBS and Havenly, to the Board of Directors. General Catalyst partner Mark Crane will also be joining the board.
FinSMEs
21/05/2021