Tech Company Financing Transactions
Seel Funding Round
Seel, operating out of San Francisco, scored $17 million in investment from Lightspeed Venture Partners, Afore Capital and Foundation Capital.
Transaction Overview
Company Name
Announced On
2/5/2022
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series A
Investors
Proceeds Purpose
The new capital will be used to grow the team, strengthen the product and build out its go-to-market strategy.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
45 Lansing St.
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Seel lets your customers add a 30-day refund option to their final sale items. If they return that order for any reason, Seel will pay the refund instead of you. No coding required. Just install our Shopify App. When presented with the option, shoppers opt in Return Assurance 24% of the time. This is almost 8x higher than the industry average for B2C add ons.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Cheng Peng
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About Our Venture Capital Transactions Database
Our team works diligently to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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