Minneapolis Startup Kidizen Raises Another $300k, Reaches $1.5m Capitalization

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Minneapolis startup Kidizen has closed on another $300k debt financing round according to CEO Dug Nichols.

Kidizen’s mobile, peer-to-peer marketplace allows parents to buy and sell their children’s clothing, toys, shoes and other easily shippable items.

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He notes the roud includes both new and previous investors, including Daren Cotter, who is now $150k deep, or 10% of the cumulative ~$1.5m raised to date. Other known backers include Matchstick Ventures, Sofia Fund and Gopher Angels.

Kidizen now counts 8 FTE and crossed the $1mm mark of transaction volume in Q1 of this year.

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