The round was led by August Capital with participation from return investors RRE and Resolute Ventures.
The company, which has raised $77m to date, intends to use the funds to grow and expand its product offerings, evolving from a focus on reselling to creating its own Bark & Co products: toys, treats, content, and experiences.
Launched in 2012 by Matt Meeker, CEO, Bark & Co offers BarkBox, a monthly box of treats and toys, which has shipped more than 25 million products. Building on BarkBox, the company later launched BarkShop, BarkPost, and BarkLive, which now collectively represent more than 25% of its total revenue (which supassed $100m).
FinSMEs
17/05/2016