Lorem Technologies
Latest round
- Seed
Last raised
- Oct 2018
Total raised
- $3.6M
Investors
- 5
About Lorem Technologies
Lorem Technologies, Inc.Founded in 2016 in New York, US, Lorem Technologies, Inc. operates a marketplace for hiring Shopify experts. The company has undergone no significant pivots or changes in operations since its inception. The firm was co-founded by Charlie Fogarty and Sam Wilcoxon, with Charlie Fogarty currently serving as CEO. As of October 25, 2018, Lorem Technologies, Inc.Lorem Technologies, Inc. specializes in connecting businesses with top freelance Shopify experts to enhance their e-commerce operations. The primary offering is a marketplace platform that enables the hiring of skilled professionals for various services, including store design, app development, and comprehensive Shopify management. This assists businesses in improving user experience and potentially increasing sales.Lorem Technologies, Inc. generates revenue through a commission model applied to transactions between clients and freelance professionals. When a business hires a Shopify expert through the platform, a service fee is added to the project cost, allowing the company to earn a percentage of each transaction.Lorem Technologies, Inc.5 mn, to support its initiatives for future growth. The company is focusing on expanding its marketplace offerings and is targeting further geographical expansion into Asia and Europe by 2022. Additionally, there are plans to develop new features on the platform aimed at enhancing user experience and streamlining the hiring process for both businesses and freelancers.
Who invested in Lorem Technologies
5 investors across 2 rounds
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Questions about Lorem Technologies
Who invested in Lorem Technologies?
Lorem Technologies has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Lorem Technologies raised?
Lorem Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Lorem Technologies last raise money?
Lorem Technologies's most recent round on record is a Seed, in Oct 2018.
What does Lorem Technologies do?
Lorem Technologies is a internet company.
Where is Lorem Technologies headquartered?
Lorem Technologies is headquartered in New York, US.
Which VCs invest in companies like Lorem Technologies?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Lorem Technologies's stage. Their profiles are linked below.
VCs backing internet startups at Seed
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