# Ownit Commerce

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ownit-commerce

- Industry: Internet
- Headquarters: South San Francisco, US
- Website: www.ownit.co
- Total disclosed funding: $8M
- Latest round: Seed (Feb 28, 2022)
- Investors on record: 4

## About

Based in California, US, and founded in 2021 by its CEO Payman Nejati, COO Evan Shiue, and CTO Joel Tan, Ownit Commerce Inc., trading as Ownit integrates with commerce platforms and payment gateways to allow direct-to-consumer brands to grow their business on social platforms. In February 2022, Ownit Commerce Inc. raised USD 8 million in seed funding led by new investor Caffeinated Capital, with participation from other new investors Abstract Ventures, GGV Capital, and SciFi VC. 

Ownit Commerce Inc.'s core product, Ownit Connected Checkout links, helps brands drive sales conversion, allows them to sell products with one tap at the point of discovery. Whether from a social media post, email, text message, or an online ad, when a shopper clicks an Ownit Connected Checkout link, they are instantly delivered their buying options based on price, shipping cost, delivery time, promotions, loyalty programs, and return policies. It helps shoppers to make the best purchase decision without manually researching and comparing all available shopping options.

Ownit Commerce Inc. will use the seed funding to accelerate hiring, brand onboarding, and is deepening its social, commerce, and payment platform relationships.

## Funding rounds

- Seed, Feb 28, 2022, $8M — Granite Asia, Caffeinated Capital, Abstract Ventures, SciFi VC

## Investors

- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Seed
- Caffeinated Capital (https://capitalatlas.ai/funds/caffeinated-capital) — Seed
- Abstract Ventures (https://capitalatlas.ai/funds/abstract-ventures) — Seed
- SciFi VC (https://capitalatlas.ai/funds/scifi-vc) — Seed