Ghost, a Los Angeles, CA-based B2B marketplace connecting brands and retailers, raised $40M in Series C funding.
The round was led by L Catterton, a global consumer-focused investment firm, with participation from existing investors including USV, Cathay Innovation, Equal Ventures, and Eniac.
The company intends to use the funds to expand operations and its development efforts.
Led by co-CEOs Josh Kaplan and Dee Murthy, Ghost is a provider of a B2B platform for brands and retailers to buy and sell surplus and wholesale inventory. Its tech-enabled marketplace provides a digital experience to more than 6,000+ members, which include brands and retailers in apparel, footwear, beauty, home goods, and beyond. The platform serves as a one-stop solution for brands, allowing them to enter into new channels and geographies by connecting them with a broad range of vetted buyers around the world who are seeking access to both surplus and wholesale inventory.
As a partner, Ghost ensures sellers can maintain brand control and integrity, while developing relationships with hard-to-reach global partners.
FinSMEs
15/10/2024