TouchOfModern operates a luxury flash-sales site that differentiates itself by appealing to an older, male demographic and positioning its offerings as higher-end rather than deeply discounted. The company recently expanded into Canada as a test of international shipping logistics and plans to enter Asian markets early next year, targeting coastal hubs such as Seoul, Hong Kong, and potentially Taiwan. Expansion may occur via partnerships, acquisitions, or opening local offices. In March the company resolved an intellectual-property suit brought by Fab.com out of court; the CEO said the resolution had no material impact on the business. TouchOfModern closed a $3 million Series A and said the funding will be used to scale the team and fuel international expansion. The company has recently exceeded eight figures in revenue, according to CEO Dennis Liu.

Total raised

$3M

Funding rounds

1

Latest round

Series A

Latest activity

Jul 2013