ZhenFund is a seed fund founded by former entrepreneurs to invest in the most promising innovators. New Oriental co-founders Bob Xiaoping Xu and Victor Qiang Wang established ZhenFund in 2011 in collaboration with Sequoia Capital China. ZhenFund now has a network of over 800 portfolio companies, including over 30 unicorns based in China.  We believe that great businesses start with exceptional founding teams. We are dedicated to helping our entrepreneurs build successful companies by providing them with mentorship and the best resources available. Some of our services include biannual demo days to top Chinese VCs, ZhenHR services, marketing and PR consulting, as well as fundraising. Our strong and large CEO network also facilitates entrepreneurs helping each other, especially via our WeChat platform.  ZhenFund has been ranked as the “#1 Early-Stage Investment Firm” for six years. Bob Xiaoping Xu, Founder of ZhenFund, has been named on the Midas List since 2016 and ranked #11 in 2019. Anna Fang, Founding Partner and CEO of ZhenFund, has been named on the Midas List since 2019 and made her 4th appearance as #12, and #1 on Midas Seed List in 2022.

ZhenFund

Streamlined Ventures is a seed-stage investment firm investing in companies transforming verticle markets through Data Science, APIs, Blockchain/Web3, AI, and Software Automation.

Streamlined Ventures

Formic Ventures is a diversified venture capital firm that makes early-stage investments in biotechnology startups focused on human longevity as well as technology startups and companies that make human lives more meaningful.

Formic Ventures

RRE Ventures is a venture capital firm that invests in early-stage technology companies across various sectors. RRE Ventures invests in early-stage companies, often participating in Seed and Series A funding rounds. They look for innovative technology solutions and scalable business models.

RRE Ventures

Activant is a global investment firm that partners with high-growth companies that are transforming commerce. The firm was founded in 2015 by Steve Sarracino and has offices in Greenwich, Connecticut and Berlin, Germany.

Activant Capital

InterWest invests an average of about $7 - 15 million over the span of their involvement with each company in their portfolio. They invest in companies through the full range of venture investment stages, and investments may be staged over several rounds of financing. Although they generally begin their involvement in the early stages of a company's development, they pursue attractive opportunities based on their individual merits rather than their investment stage.

InterWest Partners

Sand Hill Angels is a group of Silicon Valley angel investors passionate about helping entrepreneurs get to the next level. What makes the group unique is the collective experience of its members building and scaling deep technology companies. The group has been around for more than two decades. Sand Hill Angels works openly and collaboratively with venture capital funds, other angel organizations, and the Bay Area ecosystem that fosters the growth of technology startups.  For additional information, visit www.sandhillangels.com or follow @SandHillAngels.com on Twitter.

Sand Hill Angels

Navitas Capital is a venture capital firm investing in transformative technology and innovation for the built world. Navitas, established in 2009, provides foundational venture capital, industry expertise and market access to its portfolio companies.

Navitas Capital

Floodgate Fund is a venture capital firm that focuses on early stage investments in technology companies. It was founded in 2006 and is headquartered in Palo Alto, California.

Floodgate

Brainchild is a collective of engineers, operators, and designers that create products and services to solve some of the most significant problems facing consumers in healthcare, technology and consumer products. They consist of HERO, Onomie and The Arrivals.They also operate in both a technical and creative environment.  Brainchild also teams up with exceptional entrepreneurs to support their vision becoming a reality. To date, BCH has invested in 120 companies, 250 founders, with $4BB in follow-on capital, introductions, talent, growth, product, financing and strategy. Brainchild Holding’s seed investments include well-known companies such as Warby Parker, Oscar, sweetgreen, ClassPass, Tilt, Docker, Outdoor Voices, Gusto, Harry’s, Elysium, Seatgeek, and Smart Things; We also strategically support venture and later stage businesses.

Brainchild Holdings

Proton Enterprises is a Venture Developer empowering entrepreneurs that are shaping tomorrow's world for the better. Proton focuses on disruptive technologies to empower entrepreneurship, taking on projects of integrity to make a positive impact in the world. We align not only our capital, but our time and talent, working side-by-side with our entrepreneurs on the business mission at hand.   Focus: Financial Technology, IP Commercialization, and Health & Fitness

Proton Enterprises

Blockchain Capital helps entrepreneurs build companies and projects based on blockchain technology. The firm provides founders with capital, domain expertise, partnerships, recruiting, and strategy. Blockchain Capital is an active venture investor in the blockchain industry and has financed 170+ companies and projects since its inception. Blockchain Capital invests in both equity and tokens and is a multi-stage investor.

Blockchain Capital

Great Oaks is an early-stage venture investment firm that invests in seed and series a investments in tech-based startups. It was founded in 2005 and is headquartered in New York.

Great Oaks Venture Capital

Founders Fund is a venture capital firm that invests at every stage in companies building revolutionary technologies. It has been investors, founders, and early employees of prominent technology companies. It has historically invested in a wide variety of sectors, including aerospace, artificial intelligence, advanced computing, energy, health, and consumer Internet.

Founders Fund

ZenStone believes a new era of technology innovation and business opportunity is emerging in the application layer, by leveraging massively connected people, sensors, data, and computing infrastructure. As the application revolution continues developing, AI, Blockchain, Cloud and Data technology becomes both extremely relevant and critical to success. ZenStone invests in mission-driven founders with the combined strength of vision and action, building game-changing companies in massive markets, i.e. Consumer, Real Estate, Financial Service, Internet of Things, and Small & Medium Business Service. ZenStone typically participates in post-seed rounds with proven track records, strong existing investors, and validated founder-product-market fits.

ZenStone Venture Capital

Oriza Ventures is a venture capital fund that primarily invests in early stage technological companies in the United States.   Our partners were previously series entrepreneurs, angel investors, and are current professional venture capitalists; thus, we fully understand the startup process, unique culture, and the specific set of skills needed in order to successfully grow a start-up company. Oriza was founded through the philosophy of nurturing business founders through the ups and downs of starting a company with our own experiences and resources.    Oriza seeks to back talented entrepreneurs with emerging, innovative, and disruptive technological pursuits, or creative business ideas. We pride ourselves in our long-term approach to investment, and we invest in the entrepreneurs who deeply understand their market, are passionate about their product, and have the drive to cultivate their businesss towards success.    Our team brings together a unique combination of a strong operating background, extensive investment experience, cross-border business development ecosystems, and well-connected networks in China and Silicon Valley.

Oriza Ventures

StartX is a 501(c)(3) Stanford-affiliated nonprofit in Silicon Valley that runs one of the world’s top startup accelerator programs. Its mission is to advance the development of the best entrepreneurs through experiential education and peer learning. Since launching in 2010, it has supported more than 450 companies and 1000 entrepreneurs, from early to pre-IPO stage, working across a wide spectrum of industries.    StartX and StartX Med, dedicated to medical and biotechnology innovation, provide founders with access to a powerful network of entrepreneurs, investors, mentors, and industry partners, along with office space and a variety of other resources. Based in Palo Alto, the accelerator also operates StartX-QB3 Labs and the Stanford-StartX Fund. We are funded by Stanford University, Stanford Health Care, Microsoft, Steelcase, Hyundai, Oriza Ventures, Nissan, Panasonic, Lightspeed Venture Partners, Analog Devices, Silicon Valley Bank, Greylock Partners, Sequoia Capital, and many others. For more information, visit startx.com The company is associated investment vehicle, the Stanford-StartX Fund is a partnership between StartX, Stanford University and Stanford Health Care.  It can invest only in StartX companies who raise qualified rounds of venture capital using objective criteria; it is founder opt-in.

StartX (Stanford-StartX Fund)

Founded by Nicole Junkermann, an entrepreneur and investor who has previously raised her own significant private equity fund. NJF Capital brings a deep understanding of business strategy, entrepreneurial know-how and a wide network across business and government. They use that experience in disciplines including brand building, recruitment, admin and legal and regulatory environments, to help their portfolio companies on their growth journey.

NJF Capital

Long is a venture capital firm investing in early stage technology startups in China and the US. We combine local insight with a global perspective to power the ambitions of next-gen founders.

Long Venture Partners

Evolution VC Partners invest and partner with disruptive companies with a strong team, product, and market opportunity.  They help entrepreneurs build great companies and consider themselves to be investment accelerators and will seek to be active creators of value for their portfolio companies.

Evolution VC Partners

Tuesday Capital (formerly known as CrunchFund) is a seed stage focused venture firm that invests in information technology enabled companies. In 2019 CrunchFund was rebranded as Tuesday Capital.

Tuesday Capital

Digital asset strategies, macro, select venture investments.

Visary Capital

Human Capital is a venture firm for builders. We believe ambitious builders turn great ideas into great companies. We invest in founders, teams, and startups that share this mindset. In the last 6 years, that mantra has led us to invest in 15 companies before they became unicorns, including Snowflake, Anduril, Livongo, and Brex (where we wrote the first check). We have over $1.3B in total capital committed and we've built a community of over 5,000 incredible, driven, ambitious builders.

Human Capital

Our mission is to utilize our time, reputation and capital to support entrepreneurs, advocate for their big ideas and guide companies to the highest level of success. We pride ourselves on the strength of our collective network, our ability to identify the right companies at the right time, and our commitment to partnership. We seek to invest $5 million to $20 million in growth stage rounds in the companies we believe in.

Thirdbase Capital

Tribe Capital is a top-quartile venture capital firm focused on capturing a perpetual edge in venture and crypto using data science. The team is made up of investors, engineers and scientists who use artificial intelligence (“AI”) and data science to model venture-backed private companies. Beyond investment capital, Tribe deploys these AI tools to separate signal from noise, helping our companies understand their businesses better.  Our data-informed strategy includes an underwriting infrastructure and a quantitative analysis tool called the “Magic 8-ball.” We leverage these tools to provide deep insight on factors driving growth and how to accelerate sustainable growth, honed through years of developing similar products at major tech and finance players like Lyft, Yahoo, Facebook, and Bridgewater Associates.   Our team uses these tools to measure quantitative product-market fit, so we can more effectively assess and accelerate what Tribe refers to as “N-of-1” companies - companies with the potential to be 10-100x growth opportunities, while minimizing loss ratio by a large degree.  Tribe Capital has $1.6 billion in assets under management and has made notable investments in Apollo.io, Carta, Docker, Kraken, Instabase, Relativity Space, and Shiprocket.

Tribe Capital

Ridge Ventures funds experienced founders redefining how the world interacts with software.    Whether for the cloud or the edge, we look for companies delivering advanced technologies, new distribution models and incredible user experiences to market.    While we’re focused on SaaS and infrastructure solutions for the enterprise, we also back startups in adtech, gaming and ecommerce.    We are firm believers in “where there’s a big problem, there’s a big opportunity.”  We love Series A deals and helping create something out of chaos.

Ridge Ventures

Venrex is a VC firm that backs creative founders to launch and build innovative businesses.

Venrex

Founded in 2014, Cherubic Ventures is the only early-stage venture capital firm that's active in both US and Asia, with a total AUM of 400 million USD. Our team spreads across San Francisco, Singapore, and Taipei. We focus on seed stage investments that aim to transform industries. Some of our notable portfolio companies include Flexport, Hims & Hers, Calm, 91APP, Paidy, Tezign, and Pinkoi.

Cherubic Ventures

RiverPark Ventures is an active early-stage venture capital fund that focuses on investing in entrepreneurs. The company was founded in 2006 by Andy Appelbaum and Morty Schaja and is headquartered in New York, United States.

RiverPark Ventures

Early stage venture fund focused on tech and CPG investments.  Owner and operator of Cat Empire venture fund.

Fort Ventures

Dreamers VC they invest in early stage companies through the application of emerging technology in seed, A, or B rounds.

Dreamers VC

Magic Fund is built on a thesis that smaller funds run by founders perform best in early-stage investing (pre-seed/seed). We're a fund of micro-funds run by repeat founders with strong expertise in specific industries and geographies.

MAGIC Fund

CCIX Global is a global investment management firm providing sought-after access to best-in-class and top decile investment opportunities for individual and institutional investors.

CCIX Global

Founded in 2015, CSC Upshot Ventures is an early-stage venture fund focusing on providing seed capital to technology companies at scale. The firm seeks to invest in companies operating in the enterprise, artificial intelligence, healthcare, Fintech, and the marketplace. In close partnership with AngelList, CSC Upshot Ventures built a new model of venture investing based on the needs of founders, investors, and startup communities.

CSC Upshot

Venture capital group based in Vancouver, Canada. Investing in growth today with impact on tomorrow, specializing in Technology, Retail and Services, and Real Estate.

Blue Gentian Capital

WestCap is a strategic operating and investing firm that partners with visionary leaders to build generational businesses. Their team is comprised of seasoned industry leaders and entrepreneurs who guide companies through pivotal stages of growth. Some of their notable investments include Airbnb, StubHub, Ipreo, Addepar, Hopper, iCapital, SIMON, GoodLeap, and NYDIG. The firm has offices in New York, San Francisco, and London. For more information, visit www.WestCap.com.

WestCap

Glynn Capital Management focuses on investing in leading private and public technology growth companies. Glynn Capital Management seeks to be long-term investors in a limited number of excellent companies with management teams, sustainable business models, and long-term growth potential.

Glynn Capital Management

Founded in 2012, LionTree is an independent investment and merchant bank with deep roots in the media, technology, communications, consumer, and creative industries. LionTree's thematic focus and expertise provide a differentiated perspective to help their relationships unlock growth and transformation across key areas of the global digital economy.

LionTree

K5 Global Advisor LLC (“K5”) is a venture capital firm and incubation studio that supports founders across the business lifecycle. The firm was founded in 2018 by Michael Kives and Bryan Baum and has deployed capital of around $1B as of March 31, 2024. K5 invests across multiple stages, from seed through growth stage companies, with a focus on Enterprise SaaS, Vertical SaaS, and FinTech. In 2023, Keenan Rice and Daniel Marcotte, investors from Tokyo Black Capital Advisors, LLC, and both on the founding team of Looker (acquired by Google in 2020 for $2.6B), joined with K5’s early-stage SaaS investing team. K5 seeks to help innovative companies expand their networks and best position them to achieve growth targets.

K5 Global

General Atlantic is a private equity firm that provides capital and strategic support for growth companies. General Atlantic combines a collaborative approach, sector-specific expertise, a long-term investment horizon, and a deep understanding of growth drivers to partner with great entrepreneurs and management teams to build market businesses.

General Atlantic

Westcap is a venture capital and private equity fund manager with over half a billion in assets under management. It works alongside with its partners to provide the right balance of strategic, operational, and financial support. Its comprehensive approach to fund management aligns identified capital sources with specific investment opportunities to create unique and highly successful niche investment funds. Westcap was founded in 1994 and is based in Saskatoon, Canada.

Westcap

H14 is an Italian family office and a qualified shareholder of Fininvest SpA that invests across several asset classes including Direct Investments in Venture and Growth Capital, Private Equity Funds, Hedge Funds, and broad Capital Markets. Its geographical scope is global, mainly focused on North America and Europe and opportunistically on Emerging Markets.

Toy Ventures is an operator led early stage venture fund.

Toy Ventures

CreditEase is a business consulting firm that offers wealth management services. It caters areas such as wealth management, credit management, microfinance investment, and microcredit loan origination, and servicing. It operates a peer-to-peer platform that connects lenders with creditworthy borrowers, enabling under-banked students, professionals, and farmers to get loans. The company was founded in 2006 and is based in Beijing, China. CreditEase is a leading FinTech conglomerate in China, specializing in inclusive finance and wealth management, including payment technology, marketplace lending, crowdfunding, robo-advisory, insurance technology, and blockchain products and services. CreditEase actively engages with global FinTech innovators through business incubation, commercial cooperation and investment.

CreditEase

H.I.G. Growth Partners is the dedicated growth capital investment affiliate of H.I.G. Capital, a leading global private equity investment firm with over $13 billion of capital under management. We seek to make both majority and minority investments in strong, growth oriented businesses located throughout North America, South America and Europe. We will invest $5 million to $30 million in equity in a given company and target investments in profitable growth oriented businesses with between $10 million and $100 million in revenues. We consider investments across all industries, but focus on certain high-growth sectors where H.I.G. has extensive in-house expertise such as technology, healthcare, internet and media, consumer products and technology-enabled financial and business services. Growth Partners strives to work closely with our management teams to serve as an experienced resource, providing broad-based strategic, operational, recruiting and financial management services from a vast in-house team and a substantial network of third-party relationships. For more information, please refer to the H.I.G

H.I.G. Growth Partners

BlackRock is an investment management company that provides its services to a diverse range of clients, including institutions, intermediaries, foundations, and individual investors. The firm operates as a global asset manager, overseeing and advising on a wide array of investment portfolios. In addition to its role as an investment manager, BlackRock is also known for its technological innovations and solutions that support various aspects of the financial industry. The company's multifaceted approach encompasses investment management, financial technology, and serving a broad spectrum of clients in the financial ecosystem.

BlackRock

Schonfeld Strategic Advisors LLC (''Schonfeld'') is a multi-manager platform that invests its capital with Internal and Partner portfolio managers, primarily on an exclusive or semi-exclusive basis, across quantitative, fundamental equity and tactical trading strategies. Schonfeld and its predecessors have successfully capitalized on inefficiencies and opportunities within the equity markets. We have developed and invested heavily in proprietary technology, infrastructure and risk analytics. Our portfolio exposure has expanded across the Americas, Europe and Asia as well as multiple asset classes and products.

Schonfeld Strategic Advisors

Moore Strategic Ventures is a privately held investment company. It specializes in the fields of financial services, venture capital, and finance.

Moore Strategic Ventures

LaunchBay is a venture firm specialising in FinTech Infrastructure, B2B Software, and AI applications, investing in companies at the point where they have demonstrated product-market fit and are ready to scale. With headquarters in London, UK, and Tel Aviv, Israel, Launchbay has built a global presence with strong connections in the local ecosystems in which the team operates and an active investment and portfolio construction approach.    Launchbay supports technology companies across three main pillars: - a flagship access fund for early-stage investments,  - a growth fund for selected later-stage opportunities,  and  - a proprietary digital investment platform that facilitates primary and secondary deals across various stages Data-driven decision-making is a key aspect, where we utilize algorithms and scoring within the platform to address industry-wide challenges related to access and liquidity.    Launchbay takes a particular interest in founders with an immigrant background because we recognize the distinct perspective, drive, and ambition that often accompany building successful businesses outside of one's home country. We believe in the success stories of the vision, capabilities, and growth potential demonstrated by founders with this type of experience.

Launchbay Capital

Invus Opportunities is a sister fund to The Invus Group, an equity investment firm founded in 1985 with over $8 billion of evergreen capital. Invus Opportunities is focused on partnering with market-leading management teams and investors in private transactions globally. With a differentiated heritage and capital base, Invus Opportunities brings a complementary dimension to growing companies and investor groups seeking to create lasting value. Invus Opportunities both leads rounds of financing and co-invests in syndicated financings, and currently manages over $1.5 billion.

Invus Opportunities

Northstar.vc is a venture capital and private equity firm that provides access to global networks. The firm backs technologies that bear the potential of altering the trajectory of their respective industries. Northstar was founded in 2019 and is based in London, England.

northstar.vc

Centripetal builds company groups by investing in European companies.

Centripetal

SAP is a technology company that develops enterprise application software for companies and industries across diverse sectors. The company offers solutions covering various lines of businesses, including asset management, commerce, finance, human resources, manufacturing, marketing, sales, services, sourcing and procurement, supply chain, and sustainability as well as research and development, and engineering.

Soma Capital is a fund built by founders for founders that focuses on software. It has invested seed in startups now worth over $60 billion combined including Cruise, Rappi, Ironclad, Human Interest, Razorpay, Rippling, and Lambda School among others (20 unicorns) It was founded in 2015 and is headquartered in San Francisco, California.

Soma Capital

Willoughby Capital is an investment firm that combines institutional scale with a permanent capital base. Willoughby is focused on partnering with best-in-class growth companies across private and public markets. It was founded in 2009 by Daniel Och and is headquartered in New York, United States.

Willoughby Capital

Untitled Investments is a long-term investment firm that partners with the world’s best growth companies in the public and private markets. The firm is based in New York, New York.

Untitled Investments

Stack Capital Group offers long-term growth potential to innovative growth and late-stage private companies. It has the ability to invest in private companies from various sectors before they go public, as well as hold them as public companies.

Stack Capital

Ballistic Ventures operates as a venture capital firm and offers the unparalleled benefit of an experienced, connected team that is focused on cybersecurity. They believe the essential step they can take today is to provide collective experience, network, and enthusiasm to the world's finest cybersecurity entrepreneurs.

Ballistic Ventures

Private investment firm which mainly focuses on early-stage VC opportunities

Alecla7

Investing, Mentoring, and Fueling the Future of Entrepreneurship

Team Ignite Ventures

Digital Horizon offers customized process-driven software solutions and industrial automation solutions.

Digital Horizon

Voltity is an asset management company with a diversified portfolio across various asset classes. Their main areas of focus and activity include Public markets, Venture capital, Private equity, Real estate, and Development.

Voltity

Bolt

Bolt is on a mission to democratize commerce. Bolt strengthens retailers’ relationships with their customers by unlocking secure, logged-in, lightning-fast checkouts. The company’s rapidly growing network of one-click-checkout-ready shoppers visits Bolt merchants as if they are return customers. Hundreds of retailers including, REVOLVE, Casper, Badgley Mischka, and LVMH brand Benefit Cosmetics leverage Bolt to offer their shoppers the seamless checkout experiences they’ve come to expect across the internet. Bolt was established in 2014 and is headquartered in San Francisco, California.

Bolt is a leading checkout technology company that provides a one-click checkout solution to online merchants. Its platform offers a fast, secure, and personalized checkout experience for shoppers. Bolt's proprietary technology allows shoppers to check out with just a click, eliminating the need to enter payment and shipping information repeatedly. This results in higher conversion rates for merchants, with users reporting an average increase of 53% in conversions.

Checkout.com Exclusively Partners with Bolt to Provide Accelerated Checkout

Bolt Built $11 Billion Business With Inflated Metrics and Eager Investors

Bolt One-Click Checkout Now an SAP Endorsed App Available on SAP® Store

One-click checkout company Bolt confirms another round of layoffs

Maju Kuruvilla is out as CEO of one-click checkout company Bolt

Fresh round of $355M lifts online checkout company Bolt into decacorn territory

BigCommerce Embeds Bolt’s ‘One-Click Checkout’ Into E-commerce Platform

Bolt CEO: Commerce Identity, Checkout Operating System Makes One-Click Checkout Ubiquitous

One-Click Checkout Startup Bolt Laying Off 10% of Workforce

Announcing BigCommerce + Bolt One-Click Checkout

Bolt Payments Review: Features, Pricing and Alternatives

This fintech has quietly been taking on $11bn+ payment rivals — and is finally out of stealth

Marketplaces and related solutions for selling goods and services online

Ecommerce Platforms

Bolt Looking To Raise $450M As Breslow Returns

Adobe

Bolt will start with providing Adobe Commerce merchants access to Bolt's best-of-breed one-click checkout capability in a checkout solution that is developed and supported by Adobe.

Bolt is a leading checkout technology company that provides a one-click checkout solution to online merchants. Its platform offers a fast, secure, and personalized checkout experience for shoppers. Bolt's proprietary technology allows shoppers to check out with just a click, eliminating the need to enter payment and shipping information repeatedly. This results in higher conversion rates for merchants, with users reporting an average increase of 53% in conversions.
Bolt's platform integrates various components, including a payment gateway, payment processor, fraud detection, and shopping cart, into a single solution. It supports over 160 pre-built integrations with leading payment processors, tax services, shipping providers, and more. Merchants can connect their existing payment solutions seamlessly.
In March 2024, Bolt announced an exclusive partnership with Checkout.com, a global payment solutions provider. Under this collaboration, Bolt became Checkout.com's exclusive one-click checkout provider, while Checkout.com became Bolt's preferred payment partner. This strategic alliance aims to deliver a best-in-class checkout experience for online merchants.
Bolt has also formed notable partnerships with ecommerce platforms like BigCommerce, enabling merchants on these platforms to easily integrate Bolt's one-click checkout solution. In March 2023, Bolt's One-Click Checkout solution became an SAP endorsed app, available on the SAP Store, further expanding its reach.

Vestiaire Collective is a leading global online marketplace for pre-owned luxury fashion items. Founded in 2009 in Paris, France, the company aims to transform the fashion industry into a more sustainable model by promoting circular fashion and reducing overconsumption and waste.
Vestiaire Collective operates a platform where buyers and sellers can buy, sell, and trade authenticated pre-owned luxury fashion items, including clothing, handbags, shoes, and accessories from renowned brands such as Louis Vuitton, Chanel, Gucci, and Prada. As of 2023, the platform had over 3 million items listed and a community of around 23 million members across 78 countries.
The company's core value proposition lies in its rigorous authentication process. All items listed on the platform undergo meticulous quality and authenticity checks by a team of trained experts, ensuring the legitimacy of the products sold. This process involves thorough examination of materials, craftsmanship, branding elements, and serial numbers, as well as the use of advanced technologies like image recognition software.
Vestiaire Collective's business model is commission-based, with the company charging a percentage fee on successful transactions. The fee structure varies based on the sale price, ranging from 15% for items sold between USD 80 and USD 13,000 to a fixed fee for higher-priced items.
In recent years, Vestiaire Collective has undertaken various sustainability initiatives, such as launching the "Brand Approved" program, which allows luxury brands to integrate circularity into their business models by facilitating the buyback and resale of their pre-owned items. The company aims to become carbon neutral by 2026 and has implemented measures to reduce its environmental footprint, including offering green shipping options and eco-friendly packaging.

Vestiaire Collective

Trendyol is a leading ecommerce platform based in Turkey that was founded in 2010 by Demet Mutlu. It operates as a marketplace connecting buyers with a wide range of sellers offering products across various categories including fashion, electronics, beauty, and groceries. Trendyol has evolved from a single shopping site to a comprehensive ecommerce ecosystem, offering complementary services such as logistics (Trendyol Express), instant delivery (Trendyol Go), digital payments (Trendyol Pay), and a secondhand marketplace (Dolap).
Initially bootstrapped with USD 300,000 by Mutlu, Trendyol witnessed rapid growth, reaching over a million customers within its first year. As of 2023, the platform boasts over 30 million customers, 250,000 sellers, and delivers more than 1 million packages daily. Trendyol's success can be attributed to its focus on affordable pricing, a diverse product range, and a sustainable business model that supports digitization of local manufacturers and small businesses.
In 2018, Alibaba Group acquired a majority stake in Trendyol, valuing the company at USD 728 million. This strategic partnership provided Trendyol with technological expertise and helped position it as Turkey's first "decacorn" (a startup valued over USD 10 billion) after raising USD 1.5 billion in 2021, reaching a valuation of USD 16.5 billion.
Trendyol's commitment to creating a positive impact is evident through its support for local talent, sustainable sourcing, and initiatives promoting women's participation in the digital economy. The company has generated significant economic impact, contributing to the growth of over 90% of its sellers and enabling over 50,000 female entrepreneurs to establish ecommerce businesses.
Key customers and partnerships
Trendyol has established notable partnerships to enhance its technological capabilities and expand its reach. In 2018, Alibaba Group secured a significant stake in Trendyol, providing expertise and resources to support the platform's growth. This strategic partnership aims to boost Turkey's e-exports by enabling Turkish SMEs to leverage Alibaba's global network for exporting their products.
Additionally, Trendyol has partnered with EVS, aligning with their shared values of positively impacting people's lives and maintaining a startup spirit. This collaboration has allowed Trendyol to contribute further to Turkey's economy and leverage EVS's expertise in areas such as mobile payments, logistics, and exports.
Trendyol has also formed a partnership with AGH, a company rich in ecommerce experience. This alliance has enabled Trendyol to absorb knowledge and best practices in areas like logistics, mobile payments, and facilitating the growth of SMEs through the platform economy.

Trendyol

SidelineSwap is the world's largest online marketplace for buying and selling new and used sporting goods. It was founded in 2015 with the mission of making sports more affordable and accessible to everyone. The platform allows athletes, fans, and sports families to safely buy and sell a wide range of sports gear across various categories, including baseball, basketball, football, hockey, golf, lacrosse, skiing, snowboarding, and tennis. SidelineSwap has enabled athletes to earn over USD 250 million to date by reselling the extra gear they have at home.
The marketplace operates on a peer-to-peer model, where sellers can create free listings, and buyers can browse through the inventory to find great deals, often at up to 70% off retail prices. Sellers receive payment through SidelineSwap's secure platform once the buyer receives and approves the item. As of April 2024, SidelineSwap had helped over 2 million athletes resell over USD 250 million worth of used sports gear, keeping 180,000 pounds of gear out of landfills annually.
In addition to its core marketplace, SidelineSwap has developed a Trade-in Platform, which provides pop-up events, in-store, and online trade-in options for brands and retailers. This platform leverages SidelineSwap's proprietary marketplace technology and resale data, enabling sellers to choose between direct resale or instant trade-in value. The Trade-in Platform has been adopted by major retailers like DICK'S Sporting Goods and MonkeySports, allowing their customers to trade in used gear for store credits.

SidelineSwap

OnBuy is an online marketplace that was founded in 2016 with the aim of providing a fair and transparent platform for retailers and consumers alike. Unlike other major marketplaces, OnBuy does not hold its own inventory or compete with sellers by offering its own product lines. Instead, it acts as a pure online marketplace connecting independent retailers and brands with customers.
The platform offers a wide range of products across various categories, including electronics, entertainment, home and garden, office supplies, and more. As of March 2024, OnBuy hosts over 35 million products from 11,000 brands and retailers. The company has witnessed rapid growth, recording a 600% year-on-year increase in sales between 2018 and 2021.
OnBuy's unique selling proposition lies in its commitment to treating all sellers equally, regardless of their size or relationship with the platform. It operates on a transparent fee structure, charging a flat commission rate of 5% on consumer electronics and 9% for all other categories, with no listing fees. This approach has resonated well with retailers, attracting hundreds of new sign-ups each month.
In July 2023, OnBuy introduced a pioneering cashback rewards program, becoming the world's first cashback marketplace. Customers can earn uncapped cashback on every purchase, which can be spent instantly on the platform or withdrawn after 30 days. This innovative loyalty program aims to disrupt the online retail landscape and provide customers with tangible rewards for their loyalty.
OnBuy's growth has been fueled by its commitment to ethical practices, fair treatment of sellers, and a focus on customer needs. The platform's success has been recognized by various accolades, including being listed in the Financial Times' 1000 fastest-growing companies in Europe and Deloitte's Fast 50.
In December 2021, OnBuy announced its plans for an anticipated IPO within the next two years, as well as international expansion into over 140 countries. The company also acquired a new headquarters in central Bournemouth in March 2022 to support its growth ambitions.

OnBuy

OpenStore is a platform that provides instant liquidity for ecommerce entrepreneurs, primarily those selling on Shopify. Founded in 2021, the company allows merchants to sell their businesses quickly by providing a cash offer within 24 hours after connecting to their Shopify store and providing relevant data. OpenStore uses proprietary algorithms and data science to analyze a merchant's historical financials, order history, and marketing data to determine a valuation for the business.
The company acquires Shopify brands with USD 1 million to USD 10 million in gross merchandise volume, with a focus on US-based, direct-to-consumer brands. After the acquisition, OpenStore takes over operations of the businesses with the intention of growing them long-term. The company has acquired dozens of brands since late 2021 and aims to streamline the mergers and acquisitions process for ecommerce businesses through automation.
OpenStore differentiates itself from other ecommerce aggregators by its rapid turnaround time and focus on direct-to-consumer Shopify brands rather than Amazon marketplace sellers. The company closed a USD 32 million funding round in September 2022, valuing it at USD 970 million. As of July 2024, OpenStore had over 100 employees and had raised over USD 150 million in equity funding from investors including Lux Capital, Atomic, Founders Fund, General Catalyst, and Khosla Ventures.

OpenStore

C2C and B2C ecommerce platforms that enable users to sell a range of goods and services via their online marketplace (e.g., eBay, Amazon).

B2B ecommerce platforms that enable businesses to sell a range of goods and services aimed mainly at other businesses. These companies mostly provide wholesale/bulk purchases (e.g., DHgate, Lightinthebox).

B2C ecommerce platforms that enable businesses to sell specialized product categories (including electronics, fast fashion, or books) via their online marketplace (e.g., Trendyol, Asos, Bookshop).

Ecommerce solutions providers that offer software for customizable ecommerce and other websites or specific modules embedded in websites such as digital experience intelligence and ecommerce management support (e.g., Shopify, CommerceIQ).

Companies that buy and grow ecommerce brands on ecommerce marketplaces (e.g., Thrasio, OpenStore, Moonshot Brands).

Companies that use GenAI as a core part of their product offering for ecommerce platforms

Some companies in the "ecommerce website solutions" segment provide B2B SaaS solutions

GenAI-based Ecommerce Platform operators offer Generative AI as a part of their core offering

Ecommerce website solutions provide services to build customized platforms/experiences for ecommerce

Democratizing financial technology with a suite of API-based solutions

FinTech Infrastructure

PROMINENT_CATEGORY

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 Checkout.com, a UK payment infrastructure provider, has teamed up with Bolt, an online payment facilitator, to enhance cart conversions with ecommerce merchant partners through the integration of their offerings. The aim is to improve the ecommerce experience by providing merchants with a one-click checkout solution and broadening payment options for Bolt's merchants. Through this partnership, Checkout.com becomes Bolt's recommended payment partner, while Bolt becomes the exclusive provider of Checkout.com's one-click checkout.
 Currently, Checkout.com serves global brands such as Sony, SHEIN, Wise, Patreon, and GE HealthCare, while Bolt caters to top brands like Saks OFF 5TH, Revolve, Benefit Cosmetics, and Casper. Over 80 million US online shoppers are connected using Bolt's one-click virtual payment solution.
 
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Bolt

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