Client NewsVenture Capital & Emerging Growth

SA&M Client Storr Raises $3M and Launches Peer-to-Peer Mobile Storefront Marketplace

By June 27, 2019 No Comments

StorrStubbs Alderton & Markiles’ client Storr,  a San Francisco-based online retail marketplace, has raised another $3 million in funding led by Spark Capital officially launched its peer-to-peer platform, which allows anyone with a mobile phone to launch a digital storefront. This $3M raises the company’s Pre-Series A funding to $7.8M.

The Storr platform, which has 30,000 sellers and 175 brands, allows shoppers to buy via the web, through various social media channels or through the Storr app, and make payments via Apple Pay, Google Pay or other payment methods, the company said.

SA&M attorneys Sean Greaney, Partner and Grace Kim, Associate, represented Storr in this transaction.

To read the full press release, click here.

For the Venture Beat feature, click here.