Tech Company Financing Transactions

INTURN Funding Round

B Capital Group, Beanstalk Ventures and Benvolio Group joined a $22.5 million Series B funding round for INTURN. This VC investment round was announced on 6/15/2017.

Transaction Overview

Company Name
Announced On
6/15/2017
Transaction Type
Venture Equity
Amount
$22,500,000
Round
Series B
Investors

B Capital Group (Lead Investor) (Raj Ganguly)

Beanstalk Ventures

Benvolio Group

Forerunner Ventures (Kirsten Green)

private investors (Eduardo Saverin)

private investors (Lew Frankfort)

private investors (Silas Chou)

private investors (Stanley Shuman)

Lerer Hippeau

Novel TMT Ventures (Andrew Fine)

Shuco

Proceeds Purpose
This funding round comes during a period of rapid growth for the Company with INTURN's vast network of buyers and sellers spanning over 40 countries worldwide, with an estimated $500 million of product available on the platform today ready to be sold through privately controlled offerings.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
22 West 19th St. 5th Floor
New York, NY 10011
USA
Phone
Undisclosed
Email Address
Overview
INTURN enables brands and retailers to confidentially buy and sell excess inventory anywhere in the world. It is the first online platform to bring integrity to the off-price marketplace.
Profile
INTURN LinkedIn Company Profile
Social Media
INTURN Company Twitter Account
Company News
INTURN News
Facebook
INTURN on Facebook
YouTube
INTURN on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ronen Lazar
  Ronen Lazar LinkedIn Profile  Ronen Lazar Twitter Account  Ronen Lazar News  Ronen Lazar on Facebook
VP - Product Management
Charlie lfrah
  Charlie lfrah LinkedIn Profile  Charlie lfrah Twitter Account  Charlie lfrah News  Charlie lfrah on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/15/2017: Orum Therapeutics venture capital transaction
Next: 6/15/2017: Snips venture capital transaction

 

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Where The Data Comes From

We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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