Tech Company Financing Transactions
VarageSale Funding Round
VarageSale, operating out of Toronto ON, received $34 million in investment from Lightspeed Venture Partners and Sequoia Capital.
Transaction Overview
Company Name
Announced On
4/4/2015
Transaction Type
Venture Equity
Amount
$34,000,000
Round
Undisclosed
Investors
Lightspeed Venture Partners (Jeremy Liew)
Sequoia Capital (Bryan Schreier)
Proceeds Purpose
The company intends to use the funds for product development, community growth and expansion of its Toronto team.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
5th Floor 24 Duncan St.
Toronto ON, M5V 2B8
Canada
Toronto ON, M5V 2B8
Canada
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
I'm Tami, Chief Mom at VarageSale. What started as a simple idea while I was on maternity leave evolved into a worldwide movement. Before we knew it, VarageSale had grown to touch the lives of millions, but it didn't happen overnight.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Carl Mercier
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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