Shop-Hers Raises Funding

shop-hersShop-Hers, a Santa Monica, CA-based peer-to-peer online luxury resale site, raised an undisclosed amount of funding.

Backers included Bono and investment firm Elevation Partners, Floodgate, led by Mike Maples Jr. and Ann Miura-Ko, David Tisch of The Box Group, Aldo Manzini, Shana Fisher of High Line Venture Partners, and Mike Hirshland of Resolute VC.

The company intends to use the funds to continue to expand operations.

Launched in November 2012 by Jaclyn Shanfeld, Shop-Hers is an outlet for women to sell and shop online. It charges an 18% transaction fee and allows women to set their own price.
The site has a community of over 450K users from over 129 countries and features a “style soulmates”, which pairs women from around the world based on inseam, height, bust, and style leaning.



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