Participated · Series A · Jun 2026

Apothékary is a consumer wellness brand selling plant-based adaptogen supplements marketed as alternatives to alcohol and pharmaceuticals. The company is led by founder Shizu Okusa. Apothékary has been expanding into retail, launching in Ulta Beauty, Whole Foods, and The Vitamin Shoppe. It reported a target of roughly $35M in sales in 2025 and is aiming for $40M in sales in 2026. Financially, the company has raised about $32M to date across equity and debt and just completed a $16M Series A composed of equity and debt to support further retail growth.

Participated · Seed · Aug 2015

Snobswap operates a curated "luxury online mall" that helps brick-and-mortar consignment shops list and sell high-end secondhand items through a centralized e-commerce platform. The company vets boutiques for authentication and customer service and charges shops a 10% commission plus initiation and marketing fees. Since shifting from a peer-to-peer model to focusing on stores, inventory has grown 13x, inventory is growing 25% month-over-month, order sizes rose from about $200 to $325–$450, and the site has seen 1.5 million uniques with repeat business representing 40–50% of sales. Snobswap says it currently captures roughly 1–2% of its addressable market of high-end consignment shops (about 25,000 U.S. stores, 40% addressable) and is growing overall revenue at about 20–25% month-over-month. With the new funding the nine-person D.C. team plans to expand headcount and continue development of an iOS application arriving soon. Popular brands on the platform include Chanel, Christian Louboutin, Cartier and Louis Vuitton, and a partnership with Affirm has increased sales by 30–40%. Snobswap operates an online resale marketplace focused on luxury and designer secondhand clothing and accessories, combining peer-to-peer listings with inventory sourced from brick-and-mortar consignment boutiques. Its retail partnerships distinguish the service: boutiques represent under 10% of sellers but account for about 30% of sales, and the platform is working with roughly 100 consignment shops across the U.S. (and Canada). Since its official launch in spring 2013 after a year in beta, the site has attracted over half a million shoppers, with average transactions around $200 and top brands like Coach, Hermès, Louis Vuitton and Chanel making up 65% of sales. Snobswap charges boutiques a 10% commission and peer-to-peer sellers 15%. The company is a Fortify accelerator graduate, is run by co-founders Elise Whang and Emily Dang, and currently has seven full-time employees. Planned use of new funding includes hiring an engineer, a designer, a business development hire, building a mobile app, and bringing more brick-and-mortar stores online.