Hip eCommerce
Latest round
- Series B
Last raised
- Oct 2022
Total raised
- $5.7M
Investors
- 2
About Hip eCommerce
Hip eCommerce, Inc.Founded in 2015 and headquartered in Raleigh, US, Hip eCommerce, Inc. focuses on creating marketplaces tailored for collectible communities. The CEO and founder, Mark Rosenberg, has a history of leading innovative ventures.Hip eCommerce specializes in creating collectible-specific marketplaces designed to facilitate connections between buyers and sellers of niche collectibles such as stamps, postcards, and comic books. Their core offerings include tailored online platforms that allow hundreds of thousands of users worldwide to engage in buying, selling, and collecting activities. These marketplaces feature custom-built search engines that enhance user experience by accurately interpreting and processing search queries related to collectible items, ensuring that users find precisely what they are seeking. The services provided on these platforms are crafted to meet the distinct needs of each collectible community, offering robust seller tools and services aimed at expanding seller reach and increasing sales.Hip eCommerce generates revenue through transaction fees and seller services offered on its collectible marketplaces. The firm's business model includes direct-to-consumer transactions where individual sellers list their collectibles for sale, attracting buyers through the platform. Each transaction typically involves a commission structure where the company receives a percentage of the sale price. Additionally, the company provides premium services to sellers, which may include enhanced visibility for listings and advanced analytics, contributing to its overall revenue stream. The business operates within a B2C framework, facilitating direct interactions between sellers and collectors while maintaining a focus on community engagement within specific collectible markets.Moving forward, Hip eCommerce plans to enhance its marketplace offerings through new product launches. The company aims to expand into new geographic regions, specifically targeting growth in emerging markets by the end of 2023.
Who invested in Hip eCommerce
2 investors across 3 rounds
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Questions about Hip eCommerce
Who invested in Hip eCommerce?
Hip eCommerce has 2 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Hip eCommerce raised?
Hip eCommerce has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Hip eCommerce last raise money?
Hip eCommerce's most recent round on record is a Series B, in Oct 2022.
What does Hip eCommerce do?
Hip eCommerce is a consumer products company.
Where is Hip eCommerce headquartered?
Hip eCommerce is headquartered in Raleigh, US.
Which VCs invest in companies like Hip eCommerce?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer products companies at Hip eCommerce's stage. Their profiles are linked below.
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