# Jello Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jello-labs

- Industry: Consumer Products
- Headquarters: New York, US
- Website: www.shopspring.com
- Total disclosed funding: $98M
- Latest round: Series C (May 11, 2017)
- Investors on record: 7

## About

Jello Labs, Inc. develops advanced technological solutions tailored for various industries, focusing on enhancing operational efficiency and data analytics capabilities through innovative products and services.Founded in 2013, Jello Labs, Inc. is based in New York, US, and specializes in providing technology solutions. The company received funding through a SERIES C round in October 2018, led by Fidelity Investments, raising USD 65.00 mn, bringing the total amount raised to USD 65.00 mn. Jello Labs has completed four investment deals, with the most recent deal occurring on October 25, 2018. The details regarding any specific business pivots or structural changes are not available.Jello Labs, Inc. specializes in providing innovative solutions tailored to meet specific needs within target markets, offering advanced technology solutions. Their core products focus on addressing challenges in healthcare, finance, and logistics. The company serves a diverse customer base, including large enterprises, mid-sized companies, and government entities across North America, Europe, and Asia-Pacific, providing customizable solutions to foster long-term partnerships and enhance user satisfaction.Jello Labs, Inc. has a revenue model based on subscription services and direct sales, allowing for flexible transaction methods. Customers typically engage in annual subscription contracts, with pricing varying based on user count and selected features. The company collaborates with key distributors and retailers, optimizing its reach in retail markets. Flagship products known for their effectiveness in data management and operational improvement contribute significantly to overall revenue, aligning with client needs across B2B and direct-to-consumer channels.Jello Labs, Inc. is focused on launching new products designed to meet evolving market demands. They are strategically planning to expand into additional markets, targeting regions in North America and Europe by 2023. The recent SERIES C funding will be used to support these initiatives, allowing for further product development and market penetration. In October 2018, the company was acquired by ShopRunner, Inc., a portfolio company of Alibaba Group, although financial terms of the deal were not disclosed.

## Funding rounds

- Series C, May 11, 2017, $65M — Fidelity Investments, Aglae Ventures, Thrive Capital, BoxGroup
- Series B, Apr 16, 2015, $25M — GV, Aglae Ventures, Thrive Capital, BoxGroup
- Series A, Jul 9, 2014, $7.5M — GV, Aglae Ventures, SV Angel, Lerer Hippeau Ventures, Thrive Capital, BoxGroup

## Investors

- GV (https://capitalatlas.ai/funds/gv) — Series A, Series B
- Aglae Ventures (https://capitalatlas.ai/funds/aglae-ventures) — Series A, Series B, Series C
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Series A
- Lerer Hippeau Ventures — Series A
- Thrive Capital (https://capitalatlas.ai/funds/thrive-capital) — Series A, Series B, Series C
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Series A, Series B, Series C
- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series C