Tagged: retail

IFC and Riverwood Capital lead $45mn investment in NetShoes


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BlackSwan backed Giggle closes multi-million financing round


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PIRCH reports the successful completion of its equity issuance


pirch PIRCH placed $20.8 million worth of securities as part of a non-brokered equity financing round. The placement, which started a couple of months ago, lured a total of fourteen subscribers. The company closed three previous unregistered private placements which raised an estimated $56.2 million.

The company is a high-end home product and appliance retailer which showrooms offer luxury home products, including carefully curated appliances and fixtures, merchandised in a retail sanctuary. The company is backed by Catterton Parnters.

The company is headquartered in San Diego CA. PIRCH elected to keep its revenues undisclosed.
The executive team includes Carol Ann Smith and Jeffery R Sears.
The board of directors includes Avik Pramanic, James M Stuart, Kevin E Burke, Nik Thukral, Scott Dahnke and Stuart R Engs.

In a concurrent filing, PIRCH disclosed having raised $42 million in a fully subscribed offering.
The company has raised an estimated total of $119 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: PIRCH
Industry: Retailing
Amount offered: $20.8 million
Amount placed: $20.8 million
First sale: 08-20-2014
Data as of: 11-13-2014

For more information visit www.XDATA.co

Coupang inks an additional $24 million


Change: offered +9% / raised +25% / placed 100%

coupangCoupang closed its unregistered equity offering after increasing the placement’s size by 9% to $120 million. The offer closed after the company raised $24 million from eight additional investors within a couple of months. At closing, a total of thirteen investors had subscribed to Coupang‘s offering. The private placement’s expected net proceeds amounts to $119.6 million which excludes $400,000 paid in brokerage fees. The company closed two unregistered private placements which raised an estimated $35.82 million.

The company is an e-commerce website operating in South Korea. The company offers a curated selection of diverse merchandise including baby goods, fashion, beauty products, consumables, home goods and decor, books and toys, sporting goods, electronics, and tickets for travel and cultural events. The company is backed by Sequoia Capital, Greenoaks Capital Management, Rose Park Advisors, Maverick Capital, LaunchTime, Altos Ventures.

The company is headquartered in Seoul South Korea. Coupang elected to keep its revenues undisclosed.
The executive team includes Bom Kim, James Dai, Marco Bong Sool Kim and Richard Song.
The board of directors includes Benjamin Sun, Eric Kim, Matthew Christensen and Neil Mehra.

The company has raised an estimated total of $155.82 million via private unregistered security offerings.

Coupang is registered under the name Forward Ventures

Offering recap
Status: Completed
Company: Coupang
Industry: Retailing
Amount offered: $120 million
Amount placed: $120 million
First sale: 05-21-2014
Data as of: 08-03-2014

For more information visit www.XDATA.co

GrowLife files details on the completion of its financing round


growlifeOne financial backer invested $516,000 in return for unregistered equity securities issued by GrowLife. The transaction completed a little over a week ago via a non-brokered private placement. The company closed three previous unregistered private placements which raised an estimated $42.5 million.
GrowLife trades under symbol OTC: PHOT.

GrowLife markets products and services addressing the needs of legal cannabis growing and retail operations, including hydroponic growing equipment and retail support software. The company provides these solutions through a nationwide retail network, as well as online sites Greners.com, Phototron.com, Growlifehydroponics.com, 58hydro.com and StealthGrow.com. The Company offers financial support and consulting services to help growers expand their businesses. The company also operates the political and social forum, Cannabis.org.

The company, headquartered in Woodland Hills CA, is led by Marco Hegyi (President). GrowLife elected to keep its revenues undisclosed.
The board of directors includes Jeff Giarraupto, Mark E Scott and Tony Ciabattoni.

The company has raised an estimated total of $43.02 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: GrowLife
Industry: Other Technology
Amount offered: $516,000
Amount placed: $516,000
First sale: 06-04-2014
Data as of: 06-12-2014

Curated e-marketplace for local artisans, Strolby, raised $396,000 in equity at first close


strolbyStrolby reported selling 88% or $396,000 of a new unregistered private offering. A total of seven investors subscribed three weeks ago to the company’s $450,000 non-brokered equity financing. Based on the offering’s structure, the company has until May 2015 to raise an extra $54,000. This is the first time Strolby is selling securities under a registration exemption.

Strolby markets and develops locally made, limited-production goods from the best small shops in the country in its online marketplace. The site enables customers to shop local from anywhere, and to discover innovative designers and artisans along the way. The site offers curated items paired with convenience. The company started by showcasing the production of artisans located in Brooklyn and the Hudson Valley.

Lara Fitch (President) leads the Brooklyn NY based company which was registered in 2013. Strolby elected to keep its revenues undisclosed.

Offering recap
Status: First close
Company: Strolby
Industry: Retailing
Amount offered: $450,000
Amount placed: $396,000
First sale: 05-15-2014
Data as of: 06-10-2014

mYak USA raised 67% of its equity financing


myak usaAccording to information disclosed by mYak USA, $360,000 was subscribed by one investor on May 16th 2014. mYak USA capped the non-brokered equity financing at $537,000. $177,000 in additional funding can be raised before May 2015 based on the placement’s structure. This is the first time mYak USA is selling securities under a registration exemption.

mYak USA markets and designs a clothing and home accessory line crafted in Italy and woven from baby yak wool and Tibetan cashmere. The company buys its wool directly from nomadic Tibetan families.

Paola Vanzo (President) leads the Brooklyn NY based company which was registered in 2013. Revenues on or below $1 million were reported by mYak USA.

Offering recap
Status: First close
Company: mYak USA
Industry: Other
Amount offered: $537,000
Amount placed: $360,000
First sale: 05-16-2014
Data as of: 05-29-2014

TreeHouse files for first close after selling 71%


treehouseA first close of $500,000 was initiated by TreeHouse on its $700,000 equity offering. So far nineteen investors committed to the non-brokered placement which started a little over a week ago. Based on the offering’s structure, the company has until May 2015 to raise an extra $200,000. Two previous unregistered financing rounds raised an estimated $8.85 million.

The company is a green local home center and building supply retailer. The company curates all its products and scores them based on health, design, performance and sustainability, as well as the corporate responsibility of the companies who made them. The company also offers a turn-key residential solar program.

The company, headquartered in Austin TX, is led by Jason Ballard (President). TreeHouse elected to keep its revenues undisclosed.

The executive team includes Garrett Boone.
The board of directors includes Bruce Hc Hill and Justin Cox.

The company has raised an estimated total of $9.35 million via private unregistered security offerings.

Offering recap
Status: First close
Company: TreeHouse
Industry: Retailing
Amount offered: $700,000
Amount placed: $500,000
First sale: 05-06-2014
Data as of: 05-14-2014

Children e-bookstore, Zoobean, disclosed $400,000 first close


zoobeanA total of $400,000 was raised by Zoobean as part of its $500,000 unregistered private placement. The non-brokered equity securities started to be bought by six investors last Thursday. Based on the offering’s structure, the company has until April 2015 to raise an extra $100,000. Two previous unregistered financing rounds raised an estimated $843,000. This last investment round was backed by Militello capital, and CIT GAP Funds. The company is also backed by Kapor Capital which is the investment arm of Kapor Center for Social Impact (formerly known as Mitchell Kapor Foundation). Kapor Capital invests in seed stage information technology companies which aspire to generate economic value and positive social impact.

Zoobean is an e-commerce bookstore geared toward children between the age of two and ten. The books are curated by a team of experts and cataloged by recommended age, relevant topics, characters’ backgrounds, and other tags that matter to families. The company offers a subscription service for $15 a month as well as direct sales.

Felix Brandon Lloyd (President) leads the Arlington VA based company which was registered in 2012. Zoobean elected to keep its revenues undisclosed.
The executive team includes Jordan Bookey.

The company has raised an estimated total of $1.24 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Zoobean
Industry: Other Technology
Amount offered: $500,000
Amount placed: $400,000
First sale: 04-17-2014
Data as of: 04-23-2014

TomboyX raised 2% of its equity financing


tomboy exchangeAccording to information disclosed by Tomboy Exchange, $10,000 was subscribed by one investor on March 26th 2014. Tomboy Exchange capped the non-brokered equity financing at $500,000. An additional $490,000 in funding is to be raised until the offering draws to a close in March 2015. Until this disclosure Tomboy Exchange had raised an estimated $300,000 in unregistered securities via one previous financing round. The company also held a fundraising campaign on Kickstarter in 2013 raising $76,000.

The company launched the TomboyX brand to offer a line of curated clothing and accessories for women who look for menswear-inspired garments that are tailored to fit women’s curves.

The company was registered in 2012 and has its headquarters located in Seattle WA. Tomboy Exchange elected to keep its revenues undisclosed.
The executive team includes Fran Dunaway and Naomi Gonzalez.

The company has raised an estimated total of $310,000 via private unregistered security offerings.

Offering recap
Status: First close
Company: Tomboy Exchange
Industry: Other
Amount offered: $500,000
Amount placed: $10,000
First sale: 03-26-2014
Data as of: 04-02-2014