# Dot Matrix

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dot-matrix

- Industry: Retail
- Headquarters: Delaware, US
- Website: www.get.shoppo.com
- Total disclosed funding: $6M
- Latest round: Series A (Nov 1, 2018)
- Investors on record: 3

## About

Dot Matrix Inc. operates an innovative online shopping platform that connects consumers with a diverse selection of popular fashion brands, enhancing the shopping experience for users seeking style and convenience.Founded in 2017 and headquartered in Delaware, US, Dot Matrix Inc. offers a comprehensive online shopping platform focused on fashion products. The company has undergone no significant pivots or changes in its business operations. It has raised a total of USD 6.00 mn through 3 deals, with the most recent funding round being a Seed round led by Granite Asia in November 2018. The company is not known to have any subsidiaries or be part of a parent company.ShopSimon operates as a comprehensive online shopping platform that connects consumers with a wide array of beloved brands in the fashion industry. The core product offerings encompass a curated selection of apparel, accessories, and lifestyle products, which are available for purchase 24/7. By leveraging a user-friendly interface, the platform facilitates an intuitive browsing experience, enabling customers to discover the latest fashion trends and promotional deals. ShopSimon primarily serves individual consumers who are seeking convenient access to fashion products, while also catering to retailers and brands looking to enhance their online presence. Geographically, ShopSimon markets its products across the United States, focusing on key urban centers known for their fashion-forward consumers.The revenue model of ShopSimon is anchored in direct-to-consumer sales, where transactions occur through individual purchases made on its platform. Customers can engage with the site to explore various fashion items, often benefiting from promotional discounts and seasonal sales. The company generates revenue through commissions earned on sales made through its affiliate links, as well as through collaborations and partnerships with fashion brands. While specific pricing plans for individual products are not disclosed, the platform typically features a range of products at competitive prices, which may vary depending on current promotions or brand partnerships. By fostering relationships with both consumers and brands, ShopSimon positions itself to capitalize on the growing e-commerce landscape in the fashion sector.Dot Matrix Inc. plans to utilize its most recent funding round to support upcoming product launches and market expansions. The company is focused on designing new fashion products slated for release in the coming year. Additionally, Dot Matrix Inc. aims to expand its presence into international markets, particularly targeting Europe and Asia by the end of 2022. The recent funding of USD 6.00 mn from the Seed round will be allocated towards these initiatives to strengthen their market footprint.

## Funding rounds

- Series A, Nov 1, 2018 — Sky 9 Capital
- Seed, Jul 5, 2018, $6M — Granite Asia, Expa

## Investors

- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Seed
- Expa (https://capitalatlas.ai/funds/expa) — Seed
- Sky 9 Capital (https://capitalatlas.ai/funds/sky-9-capital) — Series A