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Joor Raises $25M To Accelerate Growth And Innovation; Expand In Payments And New Categories

Joor Raises $25M To Accelerate Growth And Innovation; Expand In Payments And New Categories

10/17/23, 3:03 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
Money raised
$25 million
Industry
marketplace
retail
fashion
e commerce
JOOR, the world’s leading digital wholesale ecosystem, today announced that it has raised $25M in new funding led by Brightwood Capital and Tamarix Capital Partners. Existing investors Macquarie Capital, Battery Ventures, and Canaan Partners also participated. This additional raise will allow JOOR to deliver an increasingly enriched platform experience in service of its extensive global network of fashion brands and retailers. Alongside new data-led initiatives, the company also plans to enhance its JOOR Pay solution, as well as expand its footprint in categories such as footwear, sports and outdoors.

Company Info

Company
JOOR
Location
new york, united states
Additional Info
JOOR is the world’s leading wholesale management ecosystem, with nearly $20 billion in wholesale transactions processed annually. More than 14,000 brands and 600,000 curated fashion buyers across 150 countries connect on the platform. JOOR’s advanced technology provides an end-to-end wholesale solution for presenting collections, building assortments, placing and managing orders, and handling complex billing and payment via JOOR Pay, a revolutionary embedded checkout that simplifies and expedites the payment collections process. With a commitment to fueling the advancement of both brands and retailers, JOOR allows clients to discover new business partners and drive growth by supporting both in-person and virtual sales via a suite of dynamic tools as well as superior customer service. JOOR is the exclusive platform for leading luxury conglomerates including LVMH, Richemont, and Tapestry, as well as brands such as Valentino, Loewe, and Stella McCartney. JOOR has exclusive partnerships with 30+ leading global retailers using the JOOR Retail Partner platform including: Harrods, Neiman Marcus, Harvey Nichols, Printemps, Bergdorf Goodman, Shopbop, and Dover Street Market. JOOR is headquartered in New York City and has offices in Los Angeles, Philadelphia, Paris, London, Milan, Madrid, Berlin, Melbourne, Tokyo and Shanghai. For more information visit: JOOR.com.

Company news

Tue, 17 Oct 2023 07:00:00 GMT

JOOR Raises $25M to Accelerate Growth and Innovation; Expand in Payments and New Categories - GlobeNewswire

Fri, 28 May 2021 07:00:00 GMT

The Future Of Trade Shows Are ‘Physi-Digital,’ With JOOR Powering The Virtual Experience - Forbes

Thu, 08 Oct 2020 07:00:00 GMT

The Pros and Cons of Virtual Showrooms - The Business of Fashion

Wed, 19 May 2021 07:00:00 GMT

JOOR, the World’s Leading Digital Platform for Wholesale - GlobeNewswire

Mon, 02 May 2022 07:00:00 GMT

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