ShopLocket started as an e-commerce site for product startups to collect payments but now is poised to introduce more products.
Toronto-Based ShopLocket, Co-Founded By Katherine Hague, Raises $1M Seed Funding For E-Commerce Disruption
The $1M seed round for ShopLocket includes participation from Peter Thiel’s Fund Valar Ventures.
By Angie Chang (Co-Founder & Editor-in-Chief, Women 2.0)
Three months after launching, ShopLocket raised $1M in seed funding from Rho Canada Ventures, Valar Ventures, BDC Capital, Relay Ventures, Extreme Venture Partners and private investors.
Co-founder and CEO Katherine Hague aims to change the way consumers buy and sell products online. She said “e-commerce will not longer be reserved for marketplaces and storefronts. Instead, products will find us – on blogs, websites and in our newsfeeds, just as naturally as the videos and photos we share today.”
By Katherine Hague (Founder, ShopLocket)
In startup land, we spend a lot of time thinking about that elusive first dollar. Whether it’s from a customer, a bank, or an investor, they often say that it’s the first dollar that’s the hardest.
Every startup’s path to that first dollar is different, but each is surely equally reliant on pixie dust and the stars aligning. Here is my story.