# La Casa Ventures

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/la-casa-ventures

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.casaone.com
- Total disclosed funding: $26M
- Latest round: Series B (Aug 22, 2019)
- Investors on record: 8

## About

La Casa Ventures, Inc. is an ecommerce platform that empowers businesses to launch and manage online retail operations effectively, providing essential tools for a streamlined shopping experience.La Casa Ventures, Inc. was founded in 2017 and is headquartered in San Francisco, US. The company specializes in online retail solutions and has completed four deals since its inception. It secured USD 50 mn in Venture Debt from Credit Suisse on June 18, 2020, bringing the total amount raised to USD 16 mn.The company offers a comprehensive ecommerce platform designed to facilitate online retail for businesses of various sizes. Its core product is a robust ecommerce software that enables users to create and manage their online stores effortlessly. This platform provides essential features such as customizable storefronts, payment processing, inventory management, and customer engagement tools aimed at enhancing the shopping experience. The company primarily serves small to medium-sized enterprises (SMEs) as well as individual entrepreneurs who seek to establish or expand their online presence. The service is available in multiple geographical markets, including North America, Europe, and parts of Asia, catering to a diverse client base that includes a wide range of industries from fashion to electronics.The company's revenue structure is based on a subscription model, where clients pay recurring fees to access various tiers of its ecommerce services. Clients typically engage in transactions through direct-to-consumer sales, utilizing the platform to manage their product listings and customer interactions effectively. Pricing plans are tiered, with different levels of service offering varying features such as increased storage capacity, advanced analytics, and additional customization options. The flagship product, which is the core ecommerce platform, generates significant revenue through these subscriptions, as well as through transaction fees on sales made by users. This structure allows for predictable revenue streams while supporting a growing network of businesses that rely on the platform for their ecommerce needs.In June 2020, La Casa Ventures, Inc. raised USD 50 mn in venture debt financing from Credit Suisse to support its growth initiatives. The company plans to enhance its ecommerce platform with new features aimed at improving user experience. There are also plans to expand into additional markets in Europe and Asia by the end of 2022. The recent funding will be utilized to accelerate product development and support marketing efforts in these new regions.

## Funding rounds

- Series B, Aug 22, 2019, $16M — Accel, Next World Capital, Freestyle VC, WeWork Companies Inc., HNI Corporation, Array Ventures, Quiet Capital, JLL Spark
- Series A, Sep 1, 2018, $10M — Accel, Next World Capital, Freestyle VC, Array Ventures, JLL Spark
- Seed, Jun 1, 2018 — Accel

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed, Series A, Series B
- Next World Capital (https://capitalatlas.ai/funds/next-world-capital) — Series A, Series B
- Freestyle VC (https://capitalatlas.ai/funds/freestyle-vc) — Series A, Series B
- Array Ventures (https://capitalatlas.ai/funds/array-ventures) — Series A, Series B
- JLL Spark (https://capitalatlas.ai/funds/jll-spark) — Series A, Series B
- WeWork Companies Inc. — Series B
- HNI Corporation — Series B
- Quiet Capital (https://capitalatlas.ai/funds/quiet-capital) — Series B
