ShopShops, a NYC-based interactive, global livestream shopping platform, raised $15M in Series B financing.
The round was was co-led by LightShed Ventures and Acrew Capital with participation from existing investors Union Square Ventures, Forerunner Ventures and The Chernin Group (TCG), Dave Lu from Hyphen Capital and Gaingels.
The company intends to use the funds to accelerate the expansion of ShopShops in the U.S. as well as to continue its growth among premium cross-border shoppers in China.
Led by Liyia Wu, Founder and Global CEO, ShopShops is a global shopping app enabling dynamic host sellers to grow a following based on their ability to curate and sell products across fashion, beauty, food and home.
ShopShops hosts – in 30 countries around the world – have hosted shows with more than 750 partners, including brands like Marni, Theory, Zac Posen, Everlane, Jimmy Choo and Rag and Bone.
FinSMEs
09/06/2021