Total amount raised
$22.4 Millions
Latest funding date
07/01/2016
Location
AHAlife has successfully raised funds through a Venture - Series Unknown round, with notable investors including Slow Ventures and Rakuten. The last funding round closed on July 31, 2016, marking a significant milestone in the company's financial journey.
Keep reading to explore the intricacies of AHAlife's fundraising journey and the investors backing this innovative platform.
What Is AHAlife?
AHAlife, founded on November 1, 2009, is a New York-based e-commerce platform specializing in lifestyle and fashion. The company was established by Matt Wilkerson and Shauna Mei.
Operating with a team of 11-50 employees, AHAlife connects designers, brands, and publishers to discerning individuals globally. The platform offers a curated shopping experience across various categories, including design, technology, fashion, media, food, beauty, and travel.
How Much Funding Has AHAlife Raised?
- Seed Round
- Amount Raised: $3M
- Date: March 1, 2010
- Lead Investors: FirstMark
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To establish the company's initial operations and develop its e-commerce platform.
- Series A
- Amount Raised: $6M
- Date: July 27, 2011
- Lead Investors: DCM Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the product offerings and enhance the platform's technology.
- Series B
- Amount Raised: $10.1M
- Date: April 26, 2012
- Lead Investors: Rakuten
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support global expansion, particularly in Japan and other Asian markets, and to build out the merchandising and technology teams.
- Venture Round
- Amount Raised: $2.3M
- Date: March 9, 2013
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further enhance the platform and expand the product range.
- Venture Round
- Amount Raised: $1M
- Date: January 7, 2014
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue scaling the business and improving customer experience.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: July 31, 2016
- Lead Investors: Slow Ventures, Rakuten
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing operations and strategic acquisitions.
Total Amount Raised: $22.4M
Current Valuation: Not publicly disclosed
Key Investors
- Rakuten
- Details: Rakuten is a Japanese e-commerce and online retailing company founded in 1997. It is one of the largest e-commerce companies in the world.
- Investment Focus Areas: E-commerce, technology, financial services
- Notable Investments: Lyft, Pinterest, Rakuten Viber
- DCM Ventures
- Details: DCM Ventures is a venture capital firm that invests in early-stage technology companies. It was founded in 1996 and has offices in Silicon Valley, Beijing, and Tokyo.
- Investment Focus Areas: Technology, consumer internet, mobile
- Notable Investments: SoFi, Bill.com, Lime
- FirstMark Capital
- Details: FirstMark Capital is a venture capital firm based in New York City. It focuses on early-stage technology investments.
- Investment Focus Areas: Technology, consumer sectors
- Notable Investments: Pinterest, Shopify, Airbnb
- Slow Ventures
- Details: Slow Ventures is a venture capital firm that invests in early-stage companies. It was founded by early Facebook employees.
- Investment Focus Areas: Technology, consumer products, media
- Notable Investments: Not publicly disclosed
What's Next for AHAlife?
AHAlife stands poised to capitalize on the burgeoning demand for curated luxury products, with significant opportunities for global expansion, particularly in Japan and other Asian markets. This growth potential is bolstered by the increasing trend of luxury brands embracing e-commerce, a sector where AHAlife has already established a strong foothold.
Future fundraising efforts are likely as the company scales its operations and enhances its technology and merchandising capabilities. However, challenges such as intense competition and the complexities of entering new markets could pose hurdles. Despite these challenges, AHAlife's strategic focus on quality and exclusivity positions it well for continued success.
Use Clay to Get Funding Data
Sales professionals, leverage Clay’s platform to access comprehensive fundraising data on companies like AHAlife and gather other critical business insights. Sign up for free to start enhancing your sales strategies today.
