Facebook, Instagram Social Selling Service Soldsie Closes $4M Funding Round
Social selling service Soldsie successfully sold its prospects to investors, closing a $4 million series-A financing round this week, led by First Round Capital, which brought its total financing to $5.6 million.
Social selling service Soldsie successfully sold its prospects to investors, closing a $4 million series-A financing round this week, led by First Round Capital, which brought its total financing to $5.6 million.
Other participants in the financing round included Ken Landis, Richard Gernstein, Greg Kidd, Tom Kelly, Prosper Nwampka, Seth Ginns, and Christine Herron.
Soldsie works by allowing brands to post their items, with pictures, on their Facebook and Instagram pages via its platform, after which interested users of the social networks can comment “Sold!” and check out securely via PayPal.
The company offered the following statistics to back its platform:
- More than $25 million in transactions processed to date.
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