# 101 Commerce

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/101-commerce

- Industry: Financial Services
- Headquarters: Austin, US
- Website: www.101-commerce.com
- Total disclosed funding: $13M
- Latest round: Series A (Jun 5, 2018)
- Investors on record: 2

## About

101 Commerce, Inc. operates in the e-commerce sector, focusing on the creation and marketing of consumer products designed to enhance online brand visibility.Founded in 2018, 101 Commerce, Inc. is based in Austin, US, specializing in e-commerce solutions. The company raised USD 12.74 mn in Series A funding on June 5, 2018, led by Next Coast Ventures, with participation from 3L Capital. The funding aimed at scaling operations and expanding product offerings.101 Commerce, Inc. specializes in developing and marketing high-impact consumer products tailored for digital marketplaces. Utilizing advanced artificial intelligence and data analytics, the company enhances product design and performance to predict market trends effectively. Their primary focus is on e-commerce platforms, especially Amazon, while also catering to a diverse range of online retail environments, reaching both B2B and direct-to-consumer customers across North America and select international regions.The company generates revenue through direct-to-consumer sales and partnerships with retailers, predominantly via e-commerce platforms. Revenue streams include sales of consumer products, focusing on flagship items that utilize innovative design and technology, with a pricing strategy aimed at a wide customer demographic.The recent Series A funding of USD 12.74 mn will support 101 Commerce, Inc.'s expansion into new geographic markets and the development of new product lines. The company has plans to launch several new products designed to meet the evolving needs of consumers in various regions by the end of 2019. The capital raised will also facilitate enhanced marketing efforts and operational scaling to accommodate growth in targeted markets.

## Funding rounds

- Series A, Jun 5, 2018, $13M — Next Coast Ventures, 3L Capital

## Investors

- Next Coast Ventures (https://capitalatlas.ai/funds/next-coast-ventures) — Series A
- 3L Capital (https://capitalatlas.ai/funds/3l-capital) — Series A