Tech Company Financing Transactions
Totspot Funding Round
Totspot, operating out of New York, secured $1.8 million in funding from GGV Capital, 500 Global and private investors.
Transaction Overview
Company Name
Announced On
10/13/2014
Transaction Type
Venture Equity
Amount
$1,800,000
Round
Seed
Investors
GGV Capital (Lead Investor) (Hans Tung)
private investors (Jerry Yang)
Proceeds Purpose
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.
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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