Coterie Announces $1.5M in Seed Funding
Site Aims to Enhance Technology Culture
Coterie, a beauty ecommerce site has raised $1.5 million in seed funding. The round was led by SoftTech VC, Javelin Venture Partners and Michael Jung.
With Coterie, women can sign up for exclusive and limited deals with a variety of brands. The new funding will be used to hire more staff to enhance the company’s technology culture.
Coterie is an exclusive, members-only site featuring an ultra-selective collection of the newest and most sought-after beauty products. In collaboration with top makeup artists, stylists and industry trendsetters, Coterie provides the woman on-the-go access to everything she needs to know, all in one place. Like, love, pin, post, tweet — share and get rewarded for it. Coterie is collective social shopping at its finest, definitely something worth talking about. Don't you think it's time the vanity went virtual? Now you can collect your favorite products in your own personal vanity.
By Lolita A. Alford
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From the Archives
Kinetic Social Raises $8 Million in Series A Funding
Social media advertising technology company, Kinetic Social, received $8 million in a Series A round of financing lead by Blue Chip Venture Company and Gibraltar Business Capital. Kinetic will use the funding to further grow and enhance its distinct market position, extending its patent-pending core technologies such as its machine learning optimization engine, its cross-channel data trend and analytics engine, and its self-service client platform. “We are honored to partner with Blue Chip and equally proud that Gibraltar has significantly enhanced its investment in Kinetic based on our results,” said Don Mathis, Kinetic’s CEO and a Co-Founder.
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