How Much Did Snapette Raise?
Funding & Key Investors

Snapette, a pioneer in the intersection of mobile technology and fashion retail, secured significant capital during its operational lifecycle. The company successfully raised a total of $1.3M, with a notable recent funding amount of $1.3M marking a pivotal moment in its growth trajectory. This strategic investment underscored the market's early interest in hyper-local retail discovery platforms, positioning the firm as a key innovator in the digital shopping landscape before its eventual acquisition.

What is Snapette?

Snapette
SoftwareMobile App DevelopmentMedia & Internet

Snapette functioned as a location-aware mobile application designed to bridge the gap between physical retail boutiques and digital consumers. By enabling users to discover and share high-end fashion items—specifically shoes and bags—from nearby stores, the platform created a community-driven catalog that anticipated the modern omnichannel retail experience. Founded by Harvard graduates in Palo Alto, the company leveraged geographic data to drive foot traffic to brick-and-mortar partners, effectively digitizing the boutique shopping experience. Its influence remains evident in contemporary retail strategies that prioritize seamless integration between online discovery and in-person purchasing.

How much funding has Snapette raised?

Snapette has raised a total of $1.3M across 1 funding round:

2011

Angel/Seed

$1.3M

Angel/Seed (2011): $1.3M with participation from Forerunner Ventures, Accel Partners, and 500.com

Key Investors in Snapette

Forerunner Ventures

Forerunner Ventures partners with founders to build category-defining companies at the intersection of technology and human behavior, focusing on emerging consumer demands.

Accel Partners

A premier global venture capital firm that supports early-stage and growth-stage companies, known for its long-term commitment to disruptive technology startups.

500.com

500.com Limited is a leading online sports lottery service provider in China, offering integrated digital tools and community venues for its user base.

What's next for Snapette?

Following its acquisition by PriceGrabber in 2013, Snapette transitioned from an independent startup to an integrated component of a larger e-commerce ecosystem. The strategic capital infusion provided the necessary runway to refine its location-based algorithms and expand its retail partnerships across major metropolitan hubs. While the brand itself has ceased operations, the underlying technology and the data-driven approach to fashion retail pioneered by the team continue to inform current industry standards. The legacy of this venture serves as a case study for how mobile-first platforms can successfully disrupt traditional retail models through localized engagement and community-centric content curation.

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Frequently Asked Questions Regarding Snapette Financial Insights

What are the most recent funding rounds that Snapette has completed, and what were the funding rounds?
Snapette has recently completed 1 funding rounds: Angel/Seed on Sep 27, 2011.
What is the total amount of funding Snapette has raised to date?
Snapette has raised a total of $1.3M in funding to date.
How many funding rounds has Snapette completed?
Snapette has completed 1 funding rounds.
How much funding did Snapette raise in its most recent funding round?
Snapette raised $1.3M in its most recent funding round.
Who are the lead investors in Snapette's latest funding round?
The lead investor in Snapette's latest funding round was Forerunner Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Snapette's history?
The largest funding round in Snapette's history was $1.3M.
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