Retail Convergence
Latest round
- Series A
Last raised
- Apr 2008
Total raised
- $25M
Investors
- 4
About Retail Convergence
Retail Convergence, Inc.Founded in 2007 and headquartered in Boston, US, Retail Convergence, Inc. operates Rue La La, which facilitates flash sales for luxury goods. In October 2009, Retail Convergence, Inc.000 mn. The company has engaged in a total of 2 deals, with the most recent deal occurring on October 27, 2009.Rue La La operates as an online retail platform specializing in flash sales for high-end fashion and home goods. The company's core offerings include a curated selection of women's and men's clothing, accessories, beauty products, and home furnishings, available at significant discounts. Rue La La targets consumers seeking luxury items at lower prices, effectively catering to fashion-conscious individuals and families looking for quality products without the premium retail markup. The platform is particularly notable for its limited-time sales events, which feature products from well-known brands and designers.Rue La La generates revenue primarily through direct-to-consumer sales of discounted luxury goods, employing a business model centered around flash sales. Customers access exclusive sales events on the platform, often requiring membership to participate. The company utilizes a subscription-based model for its text message alerts, facilitating customer engagement by providing first access to new sales and exclusive deals. Transaction structures typically involve one-time purchases during these sales events, where customers can buy items at significantly reduced prices compared to traditional retail.Retail Convergence, Inc.000 mn, to expand its product offerings and enhance its platform capabilities. The company aims to design and launch new product lines that cater to evolving consumer preferences. Additionally, it is targeting expansion into international markets to reach a broader audience. Specific regions for expansion have yet to be detailed, but the company is focused on maximizing its global reach.
Who invested in Retail Convergence
4 investors across 1 round
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Funding rounds
Series A
Apr 24, 2008
Amount
$25M
Investors
Questions about Retail Convergence
Who invested in Retail Convergence?
Retail Convergence has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Retail Convergence raised?
Retail Convergence has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Retail Convergence last raise money?
Retail Convergence's most recent round on record is a Series A, in Apr 2008.
What does Retail Convergence do?
Retail Convergence is a marketing/advertising company.
Where is Retail Convergence headquartered?
Retail Convergence is headquartered in Boston, US.
Which VCs invest in companies like Retail Convergence?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back marketing/advertising companies at Retail Convergence's stage. Their profiles are linked below.
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