SocialChat Raises $6.2M in Seed Funding

SocialChat, a San Francisco, CA-based social commerce platform, raised $6.2M in seed funding.

The round was led by Race Capital and Gradient Ventures with participation from Kevin Lin, co-founder of Twitch, Tony Zhao, founder of Agora.io, Ran Makavy, former Chief Product Officer at Lyft, Alanna Gregory, Global Head of Engagement at AfterPay, Jack Xie, VP of Engineering at Wish, and more.

The company intends to use the funds to focus on expanding its product offerings.

Led by Frost Li, founder and CEO, SocialChat is a real-time social shopping engagement platform that allows consumer brands to embed video shopping and interactive streaming experience for their customers anytime and anywhere. The platform enables brands to take control of their customer data ownership and interaction while increasing conversion rates.

FinSMEs

04/11/2021