Kidizen Raises $3.2m VC Round

Categories

Kidizen, the marketplace for used kids apparel and clothing, has raised $3.2m in venture capital according CEO Dug Nichols.

Origin Ventures from Chicago led the round, and was joined by Royal Street Ventures (SLC/KC), Corigin Ventures (NY), Mergelane, Sofia Fund (MN), and Gopher Angels (MN).

Nichols says, that despite very healthy organic user growth — 100 percent year-over-year — this round will be use to fan the flames.  He plans to hire 10-15 more employees this year, which will necessitate a move up and out from CoCo Northeast into a more dedicated space.  Laura Brady at Royal Street and Brent Hill from Origin will be joining the Kidizen board.

MWCC-Content-EMbed

Kidizen has reached a total $5.1m in backing since Feb 2014, and has five employees at this time.

RELATED

Kidizen Furthers Investment & Tops 250k Users

Power Moves Twin Cities: Dori Graff

Gopher Angels puts $135k behind mobile startup Kidizen

Comments

  • http://paulprins.net Paul Prins

    Doug, Dori, and Mary are amazing. Really excited for them to hit this milestone. Hoping their recent growth means they got great terms on the raise. Congrats!

  • Kevin Spanbauer

    Wow – that’s a huge milestone team Kidizen! Now you’re ready to scale.

  • aneela

    Late to the party but HUGE congrats to a hardworking team, making a solid (& beautiful) product! Well deserved & wishing continued growth & success.

Sponsors