Snippets

Accel leads $4 Mn pre-Series A round in Spacejoy

E-commerce platform Spacejoy has raised $4 million in its pre-Series A round led by Accel Partners.It had raised $1 Mn in seed round in 2019.

Shashank Pathak

10 Feb 2022 12:56 IST

New Update

Accel leads $4 Mn pre-Series A round in Spacejoy

E-commerce platform Spacejoy has raised $4 million in its pre-Series A round led by Accel Partners.

The round also saw participation from TI Platform and TiE SoCal Angels, including angel investors and prop-tech founders, such as Larry Braitman, Venkat Tadanki, SquareFoot CEO Jonathan Wasserstrum, among others.

The startup plans to use the fresh funds to capitalise on the market, support its platform development and strengthen artificial intelligence technology for product discovery, it said in a press release.

Founded in 2019 by Arnab Saharoy and Vinay Indresh, Spacejoy is a design-led e-commerce platform, powered by 3D tech and AI, that enables a better shopping experience. The company primarily focus on the US market.

The startup had raised $1 million (around Rs 7.1 crore) in seed funding from Accel in 2019.

funding Spacejoy

Advertisment

Disclaimer:

Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investors here.