10 years ago
StreetHub Raises $2.6 Million for Trouva, an E-commerce Platform for Independent Shops
StreetHub, a U.K
startup that helps independent shops and boutiques sell online, has raised $2.6 million in funding
This brings their total raised to $3.8 million
The new round was led by Octopus Ventures, with participation from Index Ventures, Playfair Capital, and various angel investors
The funding will be used to support the launch and promotion of their new brand and website, Trouva, which is an e-commerce site that curates and makes available items to buy from its 350-strong network of independent shops and boutiques
Trouva offers U.K
and international delivery
StreetHub was founded in 2013.
ProblemRetail
"Independent shops and boutiques struggle to get discovered online and compete with larger retailers, leading to lower sales and potential closure."
Solution
"StreetHub, now Trouva, provides an online platform for independent shops and boutiques to sell their products, with features like click and collect, local delivery, and worldwide shipping."