Offe Market raises $3M in seed round led by Slauson & Co. to expand its technology-driven off-price retail platform.
Amount Raised
$3 Million
Round Type
Seed
Investors
Description
Offe Market, a Los Angeles-based off-price shopping marketplace, has raised $3 million in a seed round led by Slauson & Co., with participation from InvestTN and Baukunst. The company operates an online platform and physical store in Echo Park, selling excess inventory from over 200 brands at 30-80% discounts. Founded by Rachel Gannon, Offe Market has achieved 2.5x year-over-year growth in revenue, shopper count, and order volume. The funding will support expansion in the online off-price retail market, a multibillion-dollar industry.
Who to call at Offe Market, and when
A new round usually means Offe Market is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Offe Market raises, hires an executive or expands, scored against what you sell
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Offe Market raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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