Totspot Secures $1,800,000 Seed Funding

  • Feed Type
  • Date
    10/13/2014
  • Company Name
    Totspot
  • Mailing Address
    70 N 7th St. New York, NY 11211 USA
  • Company Description
    Totspot is a mobile marketplace for moms to shop and sell kids fashion. $50B is spent on kids fashion (clothes, shoes and accessories) in US every year. That is $50B added to kids closets every year. Totspot is a delightful shopping experience where moms can shop kids closets directly and save up to 70% vs. retail.
  • Website
    http://www.totspot.me
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,800,000
  • Transaction Round
    Seed
  • Proceeds Purposes
    The new financing allows the Company to quickly scale its online presence and support the launch of an Android app, which is expected in Q4 2014.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor

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