Tech Company Financing Transactions
Totspot Funding Round
Totspot, based in New York, secured $1.5 million from Seven Seas Ventures, 500 Global and GGV Capital.
Transaction Overview
Company Name
Announced On
2/3/2016
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The funds from this round will be used to grow its selling assistant and expand to new categories.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
70 N 7th St.
New York, NY 11211
USA
New York, NY 11211
USA
Phone
Undisclosed
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Technical Officer
Vikrant Ramteke
Co-Founder
Vijay Ramani
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We record every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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