About ShopSpring
ShopSpring is a Retail company based in New York (United States) founded in 2013, and was acquired by ShopRunner in October 2018. Online retailer of multi-category fashion products for men, women, and kids. ShopSpring has raised $139.03 million across 5 funding rounds from investors including Fidelity Investments, Compass and LVMH. The company was acqui-hired. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Multi Category. Its competitors include Lulus, Touch of Modern and Polyvore; 3 of its 3 listed competitors have raised funding.
Company details
Spring was founded in 2013 and is based in New York, United States. Operations focus on e-commerce in the fashion sector, where apparel, shoes, jewelry, and accessories from luxury and fast-fashion brands are sold for men, women, and children. Beauty products, lifestyle items, and curated baby care essentials are also included in the catalog, serving a broad consumer base through the online domain shopspring.com.
- Headquarters New York, United States
- Stage Acquired
- SectorsRetail
- Website shopspring.com
- Social LinkedIn Facebook
- Acquired by ShopRunner (Oct 2018)
- Total Equity Funding$139.03M (USD)
in 5 rounds
- Latest Funding Round$40M (USD), Series C
Oct 2018
- InvestorsFidelity Investments
& 11 more
- Acquired byShopRunner
(Oct 2018)
Funding Insights of ShopSpring
ShopSpring has successfully raised a total of $139.03M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in October 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $139.03M
- Total Rounds 5
- Last Round Series C — $40M
- First Round $1.52M
(Jan 2013)
- Investors Count 10
All 5 funding rounds of ShopSpring with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2018 | $40M | Series C | – | August Capital | – |
| May 2017 | $65M | Series C | – | Fidelity Investments | |
| Apr 2015 | $25M | Series B | – | BoxGroup | |
| Jul 2014 | $7.52M | Series A | – | Thrive Capital, Google Ventures | |
| Jan 2013 | $1.52M | Seed | – | – | – |
12 investors in total: 11 institutional and 1 angel.
Investors in ShopSpring
ShopSpring has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Fidelity Investments, Compass and LVMH.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is invested personally in fewer enterprises, with support provided for building game-changing businesses. | augustcap.com | |||
Investing in early-stage tech companies and ideas. | boxgroup.com | |||
Early-stage technology startups are invested in by Thrive Capital. | thrivecap.com | New York, United States | ||
Corporate backed venture capital fund investing in multiple sectors | gv.com | Mountain View, United States | ||
Early-stage investments are provided to transformative technology companies. | svangel.com | San Francisco, United States | ||
USA focused VC firm investing in seed and early stage startups | 2010 | lererhippeau.com | New York, United States | |
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | 1946 | fidelity.com | Boston, United States | |
Internet first brand of luxury personal care and fashion products | 1987 | lvmh.com | Paris, France | |
Sound Ventures is engaged in venture capital investments. | sound-ventures.com | |||
YM Yuri Milner | Russian billionaire investor, founder of DST Global, active in tech startups | unknown_e2ca032735054733a |
Investor details for ShopSpring
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Timeline of ShopSpring
4 dated milestones of ShopSpring across 5 years, from founding to its latest funding, stage changes and deals.
- Founded ShopSpring is founded.
- Funding First funding round of $1.5M.
- Funding Latest funding round, Series C, of $40.0M.
- Exit Acquired by ShopRunner.
Competitors of ShopSpring
ShopSpring has 3 listed competitors in our database, 3 of them funded. They include Lulus, Touch of Modern and Polyvore.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lulus.com | 1996 | Chico, United States | $120M | 805 | Online platform for chic and on-trend fashion | |
| touchofmodern.com | 2012 | San Francisco, United States | $17M | 109 | Online retailer of apparels and fashion accessories | |
| polyvore.com | 2007 | Mountain View, United States | $22.1M | Multi-category fashion products are retailed online by Polyvore. |
Detailed competitors of ShopSpring
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of ShopSpring
Websites that share an audience with ShopSpring (shopspring.com).
Websites whose visitors overlap most with ShopSpring. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| cambridgesatchel.com | 100% | 236.7K | #131,938 | View details | |
| lazyoaf.com | 100% | 236.9K | #113,462 | View details | |
trade-mark.com | trade-mark.com | 100% | – | ||
rvlt.com | rvlt.com | 80% | – | ||
linktranet.linksynergy.com | linktranet.linksynergy.com | 80% | – |
Top companies in Fashion & Lifestyle E-Commerce
2 companies that operate in the same segment as ShopSpring (Fashion & Lifestyle E-Commerce) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | |||
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 887 |
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Related news about Shopspring
Complete news archive for ShopSpring
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Frequently Asked Questions about ShopSpring
ShopSpring was founded in 2013.
ShopSpring is headquartered in New York, United States. It is registered at New York, New York, United States.
ShopSpring is a funded company, having raised a total of $139.03M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1.52M, raised on Jan 2013.
Spring was founded in 2013 and is based in New York, United States. Operations focus on e-commerce in the fashion sector, where apparel, shoes, jewelry, and accessories from luxury and fast-fashion brands are sold for men, women, and children. Beauty products, lifestyle items, and curated baby care essentials are also included in the catalog, serving a broad consumer base through the online domain shopspring.com.
ShopSpring's top competitors include Lulus, Touch of Modern and Polyvore.
ShopSpring has 12 investors. Key investors include Fidelity Investments, Compass, LVMH, Lerer Hippeau, and ShopRunner.
Yes. ShopSpring was acquired by ShopRunner in October 2018.