Retail Startup Bulletin Raises $7 Million Series To Build A Platform That Connects Brands With Stores
Bulletin, a retail startup that has opened three shops across New York, has raised a $7 million Series A from Foundation Capital, with additional support from Kleiner Perkins, Trail Mix Ventures and Afore Capital. It’s the company’s second round of funding, having raised a seed round of $2.2 million in 2017. The company plans on expanding its reach by building out a platform connecting brands with retailers, and giving direct-to-consumer brands a fighting chance to grow by making it easier to bring them to brick-and-mortar shops. In theory, this can remove the hassle of attending trade shows to find buyers. Additionally, the company’s made a series of new hires, such as its CTO, Nick Reavill, who was previously at Stitch Fix as an engineering director, and bringing on Lisa Bougie as an adviser, who used to be the chief merchandising officer at Stitch Fix. Read more at Adweek.