# Soldsie

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/soldsie

- Industry: Internet
- Headquarters: San Francisco, US
- Website: https://web.soldsie.com/
- Total disclosed funding: $5M
- Latest round: Series A (May 15, 2014)
- Investors on record: 10

## About

Soldsie Inc. is a technology company that provides an innovative e-commerce solution enabling businesses to sell products directly through social media platforms, enhancing customer engagement and driving sales.Founded in 2012 in San Francisco, US, Soldsie Inc. specializes in e-commerce solutions that facilitate direct sales through social media channels. The company was co-founded by Anderson Gabriel and Chris Bennett, with Chris Bennett currently serving as CEO. Soldsie has raised a total of USD 4.00 mn through various funding rounds, with the most recent being a Series A round on July 16, 2014, led by First Round Capital, which also included participation from 500 Global, Correlation Ventures, Great Oaks Venture Capital, Headline, Lerer Hippeau Ventures, Uncork Capital, and Vayner/RSE.Soldsie specializes in providing a unique e-commerce solution that empowers businesses to sell products directly through social media platforms. Their core offerings include a proprietary software that enables retailers to convert Facebook posts into shoppable listings, facilitating seamless transactions for consumers within the social media environment. This service primarily addresses the needs of small to medium-sized businesses looking to expand their online sales channels and engage with customers in a more interactive manner. By streamlining the purchasing process directly from social media, Soldsie caters to a diverse client base, including retail brands, fashion boutiques, and artisanal shops, particularly in markets such as North America and Europe. The flexibility of their platform allows businesses to enhance customer engagement and drive sales, which has proven essential in today’s digital-first shopping landscape.Soldsie generates revenue through a subscription-based model, where clients pay for access to the platform's features and functionalities. This structure allows businesses to leverage Soldsie's services on a recurring basis, ensuring a steady income stream for the company. Transactions typically occur as clients showcase products on their social media accounts, with payments processed through the Soldsie platform. The pricing plans are designed to accommodate different business sizes and needs, with options tailored to the volume of sales or the number of users accessing the system. Soldsie’s flagship product facilitates a direct-to-consumer sales process that effectively connects retailers with their customer base, enhancing operational efficiency and driving sales growth.As of July 16, 2014, Soldsie is planning to leverage its recent funding of USD 4.00 mn to enhance its platform and expand its product offerings, aiming to introduce new e-commerce features tailored for social media. The company is also targeting expansion into additional markets in North America and Europe to increase their user base and service reach. Specific timelines for these new product releases and market expansions have not been disclosed.

## Funding rounds

- Series A, May 15, 2014, $4M — Headline, First Round Capital, Correlation Ventures, 500 Global, Uncork Capital, Lerer Hippeau Ventures, Great Oaks Venture Capital, Vayner/RSE
- Seed, Mar 6, 2013, $1M — Headline, 500 Global, FundersClub
- Seed, Aug 4, 2011 — 500 Global, NewMe Accelerator

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed, Series A
- NewMe Accelerator — Seed
- Headline (https://capitalatlas.ai/funds/headline) — Seed, Series A
- FundersClub (https://capitalatlas.ai/funds/fundersclub) — Seed
- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Series A
- Correlation Ventures (https://capitalatlas.ai/funds/correlation-ventures) — Series A
- Uncork Capital (https://capitalatlas.ai/funds/uncork-capital) — Series A
- Lerer Hippeau Ventures — Series A
- Great Oaks Venture Capital (https://capitalatlas.ai/funds/great-oaks-venture-capital) — Series A
- Vayner/RSE (https://capitalatlas.ai/funds/vayner-rse) — Series A