Storenvy Secures $5m Funding on the Back on Crowd-Curated Social Marketplace Launch

by Paul Marsden
in Social
— 13 Feb, 2013

Storenvy, one of our favourite “new-generation” custom storefront builders that is also a social shopping marketplace, and that sports a distinct Etsy like feel, has just secured $5 million in funding led by Intel Capital with Spark Capital.

Last month, Storenvy launched a crowd-curated social marketplace, that has helped drive a 1000% increase in sales. This, combined with the success, interest and money swirling around lookalike Etsy right now, the Storenvy round of funding make sense.

— Paul Marsden

Psychologist specialising in consumer psychology, innovation and technology. Author, speaker and researcher for consumer brands, technology companies and marketing agencies.