PurseIO
Latest round
- Seed
Last raised
- Dec 2015
Total raised
- $1.3M
Investors
- 3
About PurseIO
PurseIO Inc.PurseIO Inc. was founded in 2014 in San Francisco, US. The company operates a marketplace where users can buy and sell handbags and accessories. Andrew Lee is the CEO, while S. O. is the founder.Purse specializes in developing a unique marketplace platform designed to facilitate the buying and selling of handbags and accessories. The main product offering is the PurseIO Marketplace, which connects sellers with buyers through an online interface that emphasizes ease of use and a curated selection of high-quality products. The platform caters to fashion enthusiasts, collectors, and everyday consumers seeking both new and pre-owned items, providing solutions for a sustainable shopping experience. The marketplace aims to address the needs of fashion-conscious individuals looking for authenticity, variety, and affordability in their purchases.Purse generates revenue primarily through transaction fees on sales made within the PurseIO Marketplace. The company’s business model is structured around direct-to-consumer sales, where users can list their products for sale and buyers can purchase items directly through the platform. Revenue is derived from a percentage of each transaction, creating a scalable income stream linked to the volume of sales facilitated by the marketplace. Additionally, partnerships with brands or retailers may enhance revenue opportunities, potentially involving promotional collaborations or co-branded events.PurseIO Inc. The company is focusing on the development of new products that will enhance the user experience, although specific launch dates have not yet been disclosed. Furthermore, Purse aims to expand its market presence into additional regions beyond North America and Europe, targeting potential growth areas by 2025. This strategic expansion is designed to increase customer engagement and broaden the reach of their marketplace.
Who invested in PurseIO
3 investors across 2 rounds
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Questions about PurseIO
Who invested in PurseIO?
PurseIO has 3 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 PurseIO raised?
PurseIO has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did PurseIO last raise money?
PurseIO's most recent round on record is a Seed, in Dec 2015.
What does PurseIO do?
PurseIO is a internet company.
Where is PurseIO headquartered?
PurseIO is headquartered in San Francisco, US.
Which VCs invest in companies like PurseIO?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at PurseIO's stage. Their profiles are linked below.
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