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.