What is Storefront?
Storefront operates as the world's largest marketplace dedicated to short-term retail spaces. It functions as a crucial intermediary, facilitating connections between brands seeking unique venues for temporary retail experiences and property owners with available spaces. The company's core mission addresses the fundamental shifts occurring in the retail sector, driven by technological advancements and changing consumer behaviors. Storefront champions the rise of short-term retail, emphasizing experience, reach, and innovation over traditional long-term leasing models, positioning itself as a forward-thinking solution for modern brands.
How much funding has Storefront raised?
Storefront has raised a total of $10.5M across 2 funding rounds:
Other Financing Round
$1.6M
Series A
$8.9M
Other Financing Round (2013): $1.6M with participation from Ecosystem Ventures, BoxGroup, Great Oaks Venture Capital, AngelPad companies, Mohr Davidow Ventures, Sand Hill Angels, and 500.com
Series A (2014): $8.9M led by Mohr Davidow Ventures, Box Group, Spark Capital, SV Angel, Great Oaks Venture Capital, Sand Hill Angels, and 500.com
Key Investors in Storefront
Ecosystem Ventures
Ecosystem Ventures LLC is a venture capital investment and strategic consulting firm based in Silicon Valley, specializing in combining management skills with European engineering to support businesses seeking investment and strategic guidance.
BoxGroup
BoxGroup is an early-stage investment fund that focuses on technology companies across various sectors including climate, fintech, and software, investing in solo founders and innovative ideas.
Great Oaks Venture Capital
Great Oaks Venture Capital operates as an early-stage investment firm focused on identifying and supporting founders building transformative companies, deploying capital across Pre-Seed, Seed, and Series A funding rounds.
What's next for Storefront?
With the recent major strategic investment, Storefront is poised for accelerated growth and market leadership. The capital infusion is likely to be directed towards enhancing its technological infrastructure, expanding its global reach, and deepening its relationships with both brands and landlords. Expect Storefront to further solidify its position as the go-to platform for flexible retail solutions, potentially exploring new service offerings or strategic partnerships to capitalize on the increasing demand for experiential retail. The company's focus on adapting to the dynamic retail environment suggests a strategic roadmap centered on innovation and user experience.
See full Storefront company page
