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Bay Area Inno - Startups to Watch: Doorstead promises income for small landlords as it manages their properties

Bay Area Inno - Startups to Watch: Doorstead promises income for small landlords as it manages their properties
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Popshop Live valued at $100M


Published July 15, 2021
Permission granted by Popshop Live
Correction: This article has been updated to clarify that the company s valuation is $100 million. The amount raised in Series A funding was not disclosed. 
Dive Brief:
As investors rush to fund livestream platforms, Popshop Live is now valued at $100 million after a Series A funding round. A spokesperson stated that the company isn t disclosing the funding amount. Led by Benchmark, the funding round also included notable individual investors like Sophia Amoruso, Hailey Bieber and Kendall Jenner, according to a July 8 press release.
The company has also hired Bangaly Kaba, formerly head of growth at Instagram, and Jason Droege, former head of Uber Eats. Kaba will lead Popshop Live s platform growth efforts, and Droege will oversee expansion. Matt Cohler of Benchmark is also joining the company s board, per the announcement.  ....

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Popshop Live Raises Series A Funding


Popshop Live Raises Series A Funding
Popshop Live, a Los Angeles, CA-based livestream shopping community, raised a Series A funding valued at $100M.
The round was led by Benchmark with participation from TQ Ventures (Andrew Marks, Schuster Tanger, and Scooter Braun), Mantis VC (The Chainsmokers), Access Industries and SV Angel as well as return investors Floodgate, Abstract Ventures and Long Journey Ventures. Individual investors in the round include Sophia Amoruso, Baron Davis, Jim Lanzone, Kevin Mayer, Vivi Nevo, Michael Ovitz, Hailey Bieber and Kendall Jenner. Benchmark’s Matt Cohler will also join the board.
The company intends to use the funds to accelerate its product and regional expansion efforts, to grow its livestreaming shopping experience, bringing authentic connection and community back to e-commerce. ....

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Popshop Live raises around $20M at a $100M valuation for its livestream shopping platform for hipsters – TechCrunch

Popshop Live raises around $20M at a $100M valuation for its livestream shopping platform for hipsters – TechCrunch
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