Shop Latinx, a Los Angeles CA-based marketplace for Latinx brands and consumers, raised $1M in Pre-Seed funding.
Backers included Precursor Ventures, Backstage Capital, Debut Capital, 2PM, Humble Ventures, Hispanics in Philanthropy, Silicon Hills Capital, Techstars, among several other consumer angel investors.
The company intends to use the funds to define its virtual shopping experience and to expand through both online and offline experiential commerce and events tapping into music, fashion and culture.
Led by Brittany Chavez, Shop Latinx is a lively community of creators and entrepreneurs who offers a curated selection of pieces and products that celebrate the Latinx culture.
Shop Latinx has experienced growth since its founding in 2016, from a fan favorite Instagram account championing Latinx brands, designers and their stories to a full e-commerce marketplace boasting a community with over 100,000 fans. The platform now features over 600 curated products from over 30 brands such as Nopalera (the emerging Mexican-owned botanicals for bath & body), Shocks of Love, (a fragrance house at the intersection of wellness, art, & beauty), MCLC, (footwear that empowers the sole), Novel Swim, (a bathing suit line for women who want to have fun in and out of the water), among others..
The company partners with iconic companies such as Warner, Nike, and Footlocker.
FinSMEs
18/10/2021