Tech Company Financing Transactions

Ohi Funding Round

Ohi closed a $19 million Series A funding round on 10/18/2021. Backers included Palm Drive Capital, Afore Capital and Electric Feel Ventures.

Transaction Overview

Company Name

Ohi

Announced On

10/18/2021

Transaction Type

Venture Equity

Amount

$19,000,000

Round

Series A

Investors

Palm Drive Capital (Lead Investor) (Nick Hsu)

Afore Capital

Electric Feel Ventures

Flybridge Capital Partners

private investors (Edward Shenderovich)

private investors (Peter Rahal)

JAM Equity Partners (Justin Mateen)

RiverPark Ventures

Ryder System

Proceeds Purpose

Ohi will use the funds to expand its US operations to enable near-instant delivery of everything from CPG products to luxury goods in 25 markets.

Company Information

Company Status

Private & Independent

Industry

ECommerce

Mailing Address

344 West 38th St. 302
New York, NY 10018
USA

Phone

Undisclosed

Website

www.ohi.com

Email Address

[email protected]

Overview

We know the feeling of a magical post-purchase experience and the lasting impact it can have on our relationship with a brand. Consumers want more from their brands, and brands need more in order to deliver. At Ohi, we've flipped the script for e-commerce fulfillment, transforming it from what is traditionally seen as a cost center into a growth engine.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Benjamin Jones

Chief Technical Officer

Nick Blanchet

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Prev: 10/18/2021: Alloy Health venture capital transaction
Next: 10/18/2021: SwiftConnect venture capital transaction

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Where The Data Comes From

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

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