Ghost Raises $30 Million To Help Brands And Retailers Move Surplus Inventory

Aug 21, 2023•over 2 years ago

Amount Raised

$30 Million

Los AngelesSoftware

Investors

Eniac VenturesEqual VenturesUnion Square VenturesCathay Innovation

Description

Ghost, a members-only B2B marketplace for surplus inventory, today announced it has raised $30 million in Series B funding, bringing the total to $68 million to date. Venture capital firm Cathay Innovation led the round with participation from existing investors Union Square Ventures, Equal Ventures and Eniac Ventures. The company will use the funds to hire for several roles in product, engineering and design while developing its platform further to meet rising demand.

Company Information

Company

Ghost

Location

Los Angeles, California, United States

About

Ghost is building the world’s most effective platform for surplus inventory. Our platform solves the frustrations that have held back brands for far too long. By combining user-friendly technology with industry data, we’re shaping the future of retail and offering an all-in-one solution for buying and selling goods effortlessly.

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Funding Insights

Based on industry data

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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