# Neighborhood Goods

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/neighborhood-goods

- Industry: Retail
- Headquarters: Dallas, US
- Website: www.neighborhoodgoods.com
- Total disclosed funding: $26M
- Latest round: Series A (Sep 11, 2019)
- Investors on record: 12

## About

Neighborhood Goods Inc. operates a contemporary retail platform, merging pop-up concepts with a diverse selection of brands to create a unique consumer shopping experience that emphasizes engagement and community.Neighborhood Goods Inc. was founded in 2017 and is headquartered in Dallas, US. The company operates a retail platform that showcases a variety of brands. In September 2019, the firm raised USD 11 mn in Series A funding led by Global Founders Capital, alongside several other investors. The founders include Mark Masinter and Matt Alexander, with Joshua Jones serving as CEO. The company has successfully completed 3 deals in total, with the most recent deal occurring in September 2019.Neighborhood Goods specializes in a unique retail experience that combines pop-up concepts with a diverse range of curated brands, including clothing, home goods, and lifestyle accessories. The company focuses on experiential shopping, promoting community engagement and brand discovery in urban locations across the United States.The revenue model of Neighborhood Goods is primarily based on direct sales from products displayed in their retail locations, operating under a partnership model with brands that includes revenue-sharing. This strategy allows for a rotating selection of items to cater to changing consumer preferences and seasonal trends, with a direct-to-consumer approach facilitating on-site purchases.In September 2019, Neighborhood Goods raised USD 11 mn in Series A funding, which will be utilized to support future growth initiatives. The company plans to expand further into new markets across urban areas in the United States, enhancing its product offerings and brand collaborations. Specific details regarding new product releases or expansions are not currently available.

## Funding rounds

- Series A, Sep 11, 2019, $11M — Forerunner Ventures, Capital Factory, Global Founders Capital, NextGen Venture Partners, Serena Ventures, AllenX Exploration
- Seed, Feb 21, 2019, $8.8M — Maveron, Forerunner Ventures, Revolution Ventures, Capital Factory, Global Founders Capital, NextGen Venture Partners, Ground Up Ventures
- Seed, May 11, 2018, $5.8M — Maveron, Forerunner Ventures, Revolution Ventures, Global Founders Capital, Connect Ventures, NextGen Venture Partners, Reshape Holdings, RevTech Ventures, Ground Up Ventures, Serena Ventures

## Investors

- Maveron (https://capitalatlas.ai/funds/maveron) — Seed
- Forerunner Ventures (https://capitalatlas.ai/funds/forerunner-ventures) — Seed, Series A
- Revolution Ventures (https://capitalatlas.ai/funds/revolution-ventures) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed, Series A
- Connect Ventures — Seed
- NextGen Venture Partners (https://capitalatlas.ai/funds/nextgen-venture-partners) — Seed, Series A
- Reshape Holdings (https://capitalatlas.ai/funds/reshape-holdings) — Seed
- RevTech Ventures (https://capitalatlas.ai/funds/revtech-ventures) — Seed
- Ground Up Ventures — Seed
- Serena Ventures — Seed, Series A
- Capital Factory (https://capitalatlas.ai/funds/capital-factory) — Seed, Series A
- AllenX Exploration — Series A