About TotSpot
TotSpot is a company based in Mountain View (United States) founded in 2014 was acquired by Poshmark in October 2016.. TotSpot has raised $3.3 million across 3 funding rounds from investors including Poshmark, Seven Seas Partners and GGV Capital. The company has 8 employees as of December 31, 2021. TotSpot operates in a competitive market with competitors including Kids on 45th, Moxie Jean, Shop Tomorrows, Loteda and Swoondle Society, among others.
- Headquarter Mountain View, United States
- Employees 8 as on 31 Dec, 2021
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Totspot Inc
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Funding Insights of TotSpot
TotSpot has successfully raised a total of $3.3M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in February 2016. 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 3
- Last Round Seed — $1.5M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2016 | Amount | Seed - TotSpot | Valuation |
investors |
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| Oct, 2014 | Amount | Seed - TotSpot | Valuation |
investors |
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| Apr, 2014 | Amount | Seed - TotSpot | Valuation | 500 Global |
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| 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 TotSpot
TotSpot has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Poshmark, Seven Seas Partners and GGV Capital. 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 and growth stage tech-focused VC firm funding companies in the US and China
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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 | |
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Venture capital and acceleration are provided to tech startups.
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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 TotSpot
| 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 |
Financial Statements - TotSpot
| 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 |
Totspot Comparisons
Competitors of TotSpot
TotSpot 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 Kids on 45th, Moxie Jean, Shop Tomorrows, Loteda and Swoondle Society, 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 |
Pre-owned children's apparel is retailed primarily online with customization options.
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| domain | founded_year | HQ Location |
Resale site for buying and selling kids' clothes
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| domain | founded_year | HQ Location |
Online marketplace platform offering used kid's clothes
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| domain | founded_year | HQ Location |
Facilitates buying and selling of gently-worn children's clothing in lots.
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| domain | founded_year | HQ Location |
Online platform for trading and purchasing used children's clothing at reduced prices.
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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 TotSpot
When was TotSpot founded?
TotSpot was founded in 2014.
Where is TotSpot located?
TotSpot is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Is TotSpot a funded company?
TotSpot is a funded company, having raised a total of $3.3M across 3 funding rounds to date.
How many employees does TotSpot have?
As of Dec 31, 2021, the latest employee count at TotSpot is 8.
What does TotSpot do?
TotSpot was founded in 2014 in Mountain View, United States, as a mobile peer-to-peer marketplace focused on childrens clothing. Parents are enabled to buy and sell apparel through iPhone and iPad apps, with integrated shipping, payments, and social features. Listings are offered for free, though a 20 commission is deducted from sales under a consignment model. Operations are centered in the e-commerce sector for family goods.
Who are the top competitors of TotSpot?
TotSpot's top competitors include Kids on 45th, Moxie Jean and Shop Tomorrows.
Who are TotSpot's investors?
TotSpot has 6 investors. Key investors include Poshmark, Seven Seas Partners, GGV Capital, 500 Global, and Structure Capital.
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