What is Storenvy?
Founded in 2010 and based in San Francisco, California, Storenvy operates as an online retail company. It specializes in a diverse range of products, including housewares, jewelry, and toys, positioning itself as a comprehensive e-commerce platform for unique and curated goods. The company's focus on niche markets within the broader online retail landscape suggests a strategy centered on specialized consumer demand.
How much funding has Storenvy raised?
Storenvy has raised a total of $6.5M across 2 funding rounds:
Angel/Seed
$1.5M
Series A
$5M
Angel/Seed (2011): $1.5M with participation from Charles River, Spark Capital, KPCB, and First Round Capital
Series A (2013): $5M led by Intel Capital, First Round Capital, and Spark Capital
Key Investors in Storenvy
Charles River
Charles River is a life sciences research and development company that provides products and services to pharmaceutical and biotechnology industries, supporting drug discovery and development.
KPCB
Kleiner Perkins is a venture capital firm based in Menlo Park, California, that invests in early and growth-stage technology and life science companies.
Intel Capital
Intel Capital is the venture capital investment arm of Intel Corporation, focusing on companies in areas such as artificial intelligence, autonomous vehicles, and cloud computing.
What's next for Storenvy?
The recent major strategic investment indicates Storenvy is poised for a new phase of expansion and development. This capital infusion is likely to fuel initiatives such as enhancing its platform technology, broadening its product catalog, and potentially exploring new market segments or customer acquisition strategies. The company's trajectory suggests a focus on solidifying its position as a key player in curated online retail, leveraging its established customer base and unique product offerings.
See full Storenvy company page
