# GoVyrl

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/govyrl

- Industry: Internet
- Headquarters: Singapore
- Website: www.getcarro.com
- Total disclosed funding: $20M
- Latest round: Series B (Nov 18, 2021)
- Investors on record: 4

## About

GoVyrl, Inc is a technology company that provides an innovative platform for e-commerce merchants, enabling seamless collaboration and product sales across multiple storefronts, thus enhancing the dropshipping experience.GoVyrl, Inc operates in the e-commerce sector with a focus on facilitating product collaborations for Shopify merchants. The company was co-founded by Blake Imperl, David Perry, and Jason Goldberg, with David Perry currently serving as CEO. In November 2021, GoVyrl, Inc closed a Series B funding round, raising USD 20.000 mn led by Alpha Edison, with participation from PayPal Ventures, GC1 Ventures, and Corazon Capital. The firm is headquartered in Singapore and has engaged in one funding round to date.GoVyrl, Inc's Carro Cross Store Selling App for Shopify provides merchants with a platform to collaborate and sell products across various storefronts, simplifying the dropshipping experience. This application enables Shopify store owners to connect with a network of trusted suppliers to expand their product offerings without managing inventory. Targeting markets in North America, Europe, and parts of Asia, the service caters to Shopify merchants, online retailers, and dropshipping enthusiasts, addressing challenges in product sourcing and fulfillment in the e-commerce landscape.GoVyrl, Inc generates revenue through a subscription model, allowing merchants to access a catalog of products for sale without inventory management. Retailers pay a subscription fee for utilizing the app, alongside commissions based on sales generated through the platform. The pricing structure varies depending on the service tier chosen, ensuring that different levels of access to features and supplier networks are available. This model is designed to enhance the dropshipping capabilities of e-commerce businesses, positioning GoVyrl as a key partner in their operations.Following the Series B funding round in November 2021, GoVyrl, Inc plans to utilize the raised USD 20.000 mn to accelerate its growth strategy by connecting additional e-commerce platforms to their network. The company aims to enhance its offerings to cater to hundreds of thousands of brands, creators, and influencers. Specific geographic regions targeted for expansion include increasing their presence in various global markets, although detailed timelines for these initiatives have not been disclosed.

## Funding rounds

- Series B, Nov 18, 2021, $20M — Corazon Capital, Alpha Edison, PayPal Ventures, GC1 Ventures

## Investors

- Corazon Capital (https://capitalatlas.ai/funds/corazon-capital) — Series B
- Alpha Edison (https://capitalatlas.ai/funds/alpha-edison) — Series B
- PayPal Ventures (https://capitalatlas.ai/funds/paypal-ventures) — Series B
- GC1 Ventures (https://capitalatlas.ai/funds/gc1-ventures) — Series B