May 11, 2021

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Greylock-Backed Curated Raises $39M To Expand Its 3-Sided Marketplace Model

Curated, an e-commerce platform, has raised $39M in a Series B. The round was led by Greylock Partners.

HOW’S THE COMPANY PERFORMING?

  • San Francisco-based Curated is an online e-commerce platform that connects customers with experts who help them to select the right products. The company generally focuses on selling premium products that are priced at $500 and above, and customers spend an average of $700 on each Curated purchase.
  • The company claims to have connected over 1M clients to experts and boasts a return rate is as low as 2% for purchases made through the portal. There are about 1,000 active experts on Curated.
  • The company partners with brands such as Callaway Golf, The North Face, Rossignol, and Burton.
  • The company’s year-over-year revenue quadrupled in 2020.

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The post Greylock-Backed Curated Raises $39M To Expand Its 3-Sided Marketplace Model appeared first on CB Insights Research.