About ThisNext
ThisNext is a company based in Santa Monica (United States) founded in 2005 by Eric Hammond and Craig Ogg. It operates as a B2C. ThisNext has raised $9.9 million across 5 funding rounds from investors including Anthem Venture Partners and Clearstone Venture Partners. ThisNext has completed 1 acquisition, including Stylehive. ThisNext operates in a competitive market with competitors including Curated, Meilishuo, Polyvore, Lucky Sweater and ShopLook, among others.
- Headquarter Santa Monica, United States
- Founders Eric Hammond, Craig Ogg
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.9 M (USD)
in 5 rounds
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Latest Funding Round
$1.2 M (USD), Series C
Aug 18, 2010
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Investors
Anthem Venture Partners
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of ThisNext
ThisNext has successfully raised a total of $9.9M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $1.2 million completed in August 2010. 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 Total Funding
- Total Rounds 5
- Last Round Series C — $1.2M
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First Round
First Round
(01 Jan 2006)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2010 | Amount | Series C - ThisNext | Valuation |
investors |
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| Jan, 2010 | Amount | Series C - ThisNext | Valuation |
investors |
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| Jan, 2008 | Amount | Series B - ThisNext | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ThisNext
ThisNext has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Anthem Venture Partners and Clearstone Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage tech startups in Southern California are invested in.
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Founded Year | Domain | Location | |
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Early-stage US companies are invested in by Clearstone Venture Partners.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ThisNext
ThisNext has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Stylehive. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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An online community-driven platform for fashion products is operated.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ThisNext
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Thisnext Comparisons
Competitors of ThisNext
ThisNext operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Curated, Meilishuo, Polyvore, Lucky Sweater and ShopLook, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online store with personalized recommendations for sports & travel products
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| domain | founded_year | HQ Location |
Social shopping platform of fashion products
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| domain | founded_year | HQ Location |
Multi-category fashion products are retailed online by Polyvore.
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| domain | founded_year | HQ Location |
Virtual closets are offered for community clothing trades and sharing.
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| domain | founded_year | HQ Location |
AI-based online discovery platform for fashion apparels & accessories
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| domain | founded_year | HQ Location |
Personalized product recommendations are delivered via an AI-driven e-commerce platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ThisNext
When was ThisNext founded?
ThisNext was founded in 2005 and raised its 1st funding round 1 year after it was founded.
Where is ThisNext located?
ThisNext is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Is ThisNext a funded company?
ThisNext is a funded company, having raised a total of $9.9M across 5 funding rounds to date. The company's 1st funding round was a Series B of $5M, raised on Jan 01, 2006.
What does ThisNext do?
ThisNext, led by Eric Hammond as Ex-Co - Founder VP, Technology, Craig Ogg as Founder, Ex-CTO, specializes in leveraging cutting-edge technology, operating online marketplaces, recommendation platforms, and personalized shopping. Provides a personalized recommendation platform for e-commerce portals. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Who are the top competitors of ThisNext?
ThisNext's top competitors include Curated, Meilishuo and Lucky Sweater.
How many acquisitions has ThisNext made?
ThisNext has made 1 acquisition, including Stylehive.
Who are ThisNext's investors?
ThisNext has 2 investors. Key investors include Anthem Venture Partners, and Clearstone Venture Partners.
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