iGet.it confirms second financing round led by Real Ventures
White Star Capital also joins this round
11 JUNE 2012, MONTREAL
SummaryThe social e-commerce site iGet.it (www.iGet.it) announces the closing of a second round of financing led by Real Ventures and involving a small group of private investors. White Star Capital, an international seed fund with strong ties to Betaworks and Science-inc, also joined this round. For iGet.it, this second round of financing in less than a year represents a total investment of $ 1.3 million.
Successfully launched in Canada in the fall of 2011, iGet.it is rapidly becoming one of the foremost online destinations for exclusive high-end shopping by showcasing exceptional discoveries and brands. Its substantial initial membership quadrupled between mid-January and mid-March 2012, with US members already accounting for 40% of the total. The site is distinguished by its selection of products chosen by a team of discriminating and specialized tastemakers and curators.
ABOUT REAL VENTURES
Real Ventures is a seed venture fund based in Montreal which invests alongside great entrepreneurs from idea to exit. The Real Ventures fund aims to be first money behind great teams and companies on the web, mobile, SaaS, e-commerce, gaming and digital media sectors and to help them achieve their full potential. For more information, please visit www.realventures.com.
"We are firm believer in the convergence of curated content, e-commerce and community. iGet.it is very well positioned to become a leader in this space. It delivers an outstanding consumer and brand experience." Jean-Sébastien Cournoyer of Real Ventures
"This financing will be used to expand in specific US markets, to grow our membership and to develop our platform. The site’s performance in its first six months of operation shows great potential for growth and is supported by a strong commitment of its members. We will continue to build the iGet.it brand and culture in our own unique way." JY Martineau, President and Co-founder of iGet.it
iGet.it is an online members-only community offering designer products hand-picked by renowned international curators. iGet.it members receive exclusive, limited-time offers for cutting-edge design goods from the world’s top dreamers, innovators and manufacturers, giving them access to a unique selection of luxury merchandise, home decor, electronics, kitchenware, and fashion accessories, as well as gifts and recreation and lifestyle products. The iGet.it curators are driven by a quest for the finest design, style and quality.
iGet.it est un club privé dʼachats en ligne de produits exclusifs sélectionnés par des curateurs de renommée internationale. Chaque semaine, iGet.it offre un accès privilégié à des produits en quantité et pour un temps limité provenant des meilleurs designers, concepteurs et fabricants à travers le monde. Découvrez la sélection unique de produits exclusifs iGet.it; de la décoration intérieure à l’électronique, des accessoires de mode aux objets pour la cuisine, en passant par les articles de sport en édition spéciale et des idées cadeaux. Les curateurs d’iGet.it sont passionnés par le design, le style et la qualité.