Paloma Works PBC
Latest round
- Seed
Last raised
- Jun 2021
Total raised
- $4M
Investors
- 7
About Paloma Works PBC
Paloma Works PBC, founded in 2017, operates from its headquarters in Brooklyn, US, focusing on empowering independent sellers through its specialized e-commerce solutions. The company has completed a total of 3 deals, with the most recent deal occurring on June 2, 2021.Paloma offers a comprehensive e-commerce platform tailored for sellers on Instagram, facilitating various sales methods, including claim sales, auction bidding, and live sales. The core functionality allows users to connect their Instagram pages, manage inventory, and automate order processing with secure payment options. By leveraging Meta's Messaging APIs, Paloma enables real-time tracking of customer interactions, allowing sellers to confirm claims, provide checkout links, and update order statuses seamlessly. The platform caters primarily to independent sellers who offer unique items, enhancing their sales processes without requiring a separate website or traditional e-commerce infrastructure.Paloma generates revenue through a tiered subscription model that includes various pricing plans based on the features and services used by its customers.30 per transaction for credit card payments. The PROFESSIONAL plan, which allows for greater branding flexibility, is available at USD 29 per month if billed annually or USD 39 if billed monthly, carrying a 2% Paloma fee. Additionally, the company offers a CUSTOM plan for sellers with annual sales exceeding USD 300,000, allowing for tailored service agreements. Future products are currently being designed to improve seller functionalities on Instagram, although specific release dates have not been disclosed. Additionally, Paloma is looking to expand its reach into new markets, particularly targeting increased penetration in Europe and additional areas within North America by the end of 2022.
Who invested in Paloma Works PBC
7 investors across 2 rounds
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Questions about Paloma Works PBC
Who invested in Paloma Works PBC?
Paloma Works PBC has 7 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 Paloma Works PBC raised?
Paloma Works PBC has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Paloma Works PBC last raise money?
Paloma Works PBC's most recent round on record is a Seed, in Jun 2021.
What does Paloma Works PBC do?
Paloma Works PBC, founded in 2017, operates from its headquarters in Brooklyn, US, focusing on empowering independent sellers through its specialized e-commerce solutions.
Where is Paloma Works PBC headquartered?
Paloma Works PBC is headquartered in Brooklyn, US.
Which VCs invest in companies like Paloma Works PBC?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Paloma Works PBC's stage. Their profiles are linked below.
VCs backing software startups at Seed
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