ShopThing
124 Merton Street, Suite 102, Toronto, Ontario, M4S 2Z2, Canada
Overview
ShopThing operates a live video shopping marketplace focused on luxury brands, delivered through its iOS app. Its network of shoppers and influencers livestream from stores, select products, and purchase on behalf of customers who browse time-limited deals in the app. ShopThing fulfills orders, completes checkout in-app, ships across Canada and the United States, and charges a 20% fee that covers the shopping service, purchase and shipment. Founded in 2018 by Maggie Adhami-Boynton, the company reports 500,000 users and more than 100 shoppers and influencers across North America. It has partnerships with brands including Stuart Weitzman, Nordstrom and Ted Baker and operates in cities such as Toronto, New York City, Miami and Los Angeles. The company plans to use new funding to add more shoppers, expand to 12–15 markets by year-end, grow its shopper team roughly fivefold, and launch a paid membership program in Q2.
- Total raised
- $10M
- Funding rounds
- 1
- Latest round
- Series A
- Latest activity
- Mar 2022
Industries
- E-Commerce
- E-Commerce Platforms
- Internet
- Retail
Recent funding
Series A
Mar 2022
$10M