To prepare for next-gen commerce conference Shoptalk on May 15-18, we put together a list of some of the high-momentum companies in attendance.
To do so, we assembled a list of conference exhibitors and speakers loaded them into the CB Insights platform with our company upload tool to create list of 220+ companies that will be there. Then, we used our Mosaic algorithm, which tracks the health of private companies, to identify 12 high-momentum companies (with total funding under $50M) that you should be sure to check out while at the conference.
If you want to find out more about the Shoptalk 2016 attendees, you can do so using CB Insights’ publicly available company list called “Shoptalk 2016.” You can check that out by logging into your account, or by signing up for a free trial. You’ll be able to see each company’s performance, funding history, investors, competitors, and more.
PrestaShop provides software for online storefronts. Like a “WordPress for e-commerce,” it offers website themes and templates, along with tools for checkout, payments, and analytics. According to the company, over 250,000 e-commerce sites use PrestaShop.
Select Investors: Serena Capital, Seventure Partners
Total Disclosed Funding: $13M
Curalate is marketing software for retailers, focused on visual search and image recognition. It helps brands track images of their products on social media and identify and collect user-generated images, and turn the images into click-to-purchase ads or other ad units. The Philadelphia-based Curalate claims to work with over 800 brands including Nordstrom, J. Crew, Sephora, and the Gap.
Select Investors: First Round Capital, NEA, MentorTech Ventures
Total Disclosed Funding: $40M
Algolia provides search-as-a-service to websites, with an API that integrates internal search functions into third-party websites. The platform includes auto-complete, search-as-you-type functionality, mobile optimization, as well as analytics.
Select Investors: Accel Partners, Storm Ventures
Total Disclosed Funding: $21M
Metromile focuses on car insurance for infrequent drivers. The company offers pay-per-mile insurance; users pay a lower monthly rate plus a cost per each mile driven (risk factors like age and driving history still influence the rate). Metromile monitors cars’ mileage with a small wireless plugin, and its mobile app helps users search driving routes, track gas usage, and receive mobile alerts about engine issues or other car problems.
Select Investors: Index Ventures, NEA, First Round Capital, Felicis Ventures
Total Disclosed Funding: $14M
Food52 is food-focused content/commerce platform. The site brings together recipes, social networking, contests, feature articles, and shopping.
Select Investors: Lerer Hippeau Ventures, Zelkova Ventures, Bertelsmann Digital Media Investments
Total Disclosed Funding: $9M
Curbside powers the buy online, pick up in-store process for retailers. It currently works with Target and CVS in select US cities, and certain Best Buy, Sephora, Levi’s, and See’s Candies locations. Customers order select items through the Curbside app, then receive a notification once the order is ready for pickup — either at a designated area inside the store, or waiting with a store employee who will load it into your car at the curb.
Select Investors: Index Ventures, Qualcomm Ventures, Homebrew
Total Disclosed Funding: $35M
7. The Black Tux
The Black Tux offers an online-based men’s tuxedo rental service. Users enter their measurements online, and The Black Tux guarantees fit based on a fitting algorithm and in-house tailors. Users get free returns, and receive credits for local tailors for last-minute adjustments if necessary. The Black Tux designs its own clothing, but also recently launched a partnership with luxury brand Ovadia & Sons.
Select Investors: First Round Capital, Menlo Ventures, Stripes Group
Total Disclosed Funding: $38M
Drizly offers a “Seamless for alcohol” service in NYC and other select US cities. The service lets users order beer, wine and liquor from partner retailers online or through the Drizly app, and Drizly promises deliveries in under an hour (or scheduled up to 48 hours in advance).
Select Investors: Polaris Partners, First Beverage Group
Total Disclosed Funding: $18M
9. Le Tote
Le Tote is a subscription program for rental clothing and accessories. Users create a queue (or “closet”) of desired items, and can rent out three garments and two accessories at a time. Similarly to Netflix, users can keep the items as long as they want, or ship them back in order to receive the next items in the queue. The San Francisco-based Le Tote focuses on accessible brands, with items generally in the $20 – $150 range.
Select Investors: Lerer Hippeau Ventures, Epic Ventures, FundersClub, 500 Startups
Total Disclosed Funding: $28M
10. Chloe + Isabel
Chloe + Isabel designs and distributes jewelry through a social retail model. Its customers buy Chloe + Isabel merchandise in bulk to set up their own jewelry businesses, either online or through pop-up stores. Chloe + Isabel provides the product, essential marketing materials, a customized online storefront, and sales-tracking software. The New York-based company promises 25-40% commission on sales as well as periodic cash bonuses.
Select Investors: First Round Capital, Floodgate, General Catalyst Partners, Forerunner Ventures
Total Disclosed Funding: $27M
Zola is a simplified online wedding registry. Users can add gifts to registries, set up cash funds (for vacations, charities, mortgage payments, etc.), and organize items into collections that look like a “Pinterest for your wedding registry.” Zola’s browser add-on also lets users pull in items from third-party websites. Registrants get notifications when items are purchased and can control the timing of shipments.
Select Investors: Thrive Capital, Forerunner Ventures, BBG Ventures
Total Disclosed Funding: $16M
Shippo provides an API for merchant and e-commerce shipping. Shippo’s dashboard lets businesses compare pricing across major carriers, track shipments, and handle customs documentation for international shipments or add shipping insurance. In March 2016, the San Francisco-based Shippo became the first new public API to be integrated with the USPS since 1999.
Select Investors: 500 Startups, Plug and Play Ventures
Total Disclosed Funding: $2M
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This report was created with data from CB Insights’ emerging technology insights platform, which offers clarity into emerging tech and new business strategies through tools like:
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