Airmart Raises $8.2M in Funding

Airmart, a Redwood City, CA-based e-commerce platform for community group buying in the US, raised $8.2M in funding.

Backers included a16z and Craft Ventures.

The company intends to use the funds to continue to expand operations and its business reach.

Founded by Maria Gregorio and led by CEO Leo Liu, Airmart offers free stores for the growing number of farms, chefs, and bakeries looking to sell online, including preordering, inventory, and fulfillment tools necessary for selling food. In the last two years, merchants have generated $100 million in revenue with 1.5 million orders from 150,000 customers in 200+ cities.

FinSMEs

26/09/2023