Totspot operates a marketplace that lets parents post pictures, a price, and a brief description to sell children's clothing. The platform takes a 20 percent commission when it matches a seller with a buyer. Totspot launched iOS- and web-first and plans an Android release later this year. CEO Vijay Ramani says the company is prioritizing improvements to its matching algorithms to better surface items that fit a parent's style. The recent seed funding will be used to hire additional mobile developers and advance product work. Totspot raised $1.8 million in seed financing to support these initiatives.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Oct 2014