/tech

a16z announces $30M Series A for excess-inventory marketplace Highstock · Digg

a16z announces $30M Series A for excess-inventory marketplace Highstock

a16z describes Highstock as an AI-powered marketplace connecting brands with excess stock to vetted wholesale buyers worldwide, handling matching, logistics, compliance and payments.

a16z says it led Highstock’s $30 million Series A. Highstock’s announcement names Greylock, Abstract, Daybreak and angel investors as participants and outlines plans to expand its team and branch out from beauty into apparel. According to a16z, the marketplace has more than $1 billion in inventory listed and works with more than 100 major brands. The investor also credits Highstock with keeping more than 10 million pounds of product out of landfills.

Combined views

33.2K

2 posts, first seen 3d ago

108 likes11 comments35 saves7 reposts

a16z announces $30M Series A for excess-inventory marketplace Highstock

a16z describes Highstock as an AI-powered marketplace connecting brands with excess stock to vetted wholesale buyers worldwide, handling matching, logistics, compliance and payments.

a16z says it led Highstock’s $30 million Series A. Highstock’s announcement names Greylock, Abstract, Daybreak and angel investors as participants and outlines plans to expand its team and branch out from beauty into apparel. According to a16z, the marketplace has more than $1 billion in inventory listed and works with more than 100 major brands. The investor also credits Highstock with keeping more than 10 million pounds of product out of landfills.

Posts from X

2 posts

A1
a16z@a16z 3 days ago
We're thrilled to lead Highstock's $30M Series A. Every consumer brand makes more product than it sells – and that inventory gets stranded in warehouses, written off, or dumped into liquidation channels that cheapen the brand. @highstock_x is an AI-powered B2B marketplace that…
- likes: 108
- replies: 11
- bookmarks: 35
- reposts: 7
P2
Pulse 2.0@pulse2news 2 days ago
Highstock Raises $30 Million Series A Led By a16z For AI-Powered Excess Inventory Marketplace: Highstock has raised a $30 million Series A led by Andreessen Horowitz, or a16z, to expand its AI-powered B2B marketplace that helps consumer brands sell… https://dlvr.it/TVR5bg
pulse2.com
Highstock Raises $30 Million Series A Led By a16z For AI-Powered Excess Inventory Marketplace
Highstock has raised a $30 million Series A led by Andreessen Horowitz, or a16z, to expand its AI-powered B2B marketplace that helps consumer brands sell excess inventory to vetted wholesale buyers without relying on traditional liquidation channels.
- likes: 0
- replies: 0
- bookmarks: 0
- reposts: 0

Combined views

33.2K

2 posts, first seen 3d ago

108 likes11 comments35 saves7 reposts

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

Today's Rank

—

Not ranked yet

Today's Rank

—

Not ranked yet

Source Posts

@a16zWe're thrilled to lead Highstock's $30M Series A. Every consumer brand makes more product than it sells – and that inventory gets stranded in warehouses, written off, or dumped into liquidation channels that cheapen the brand. @highstock_x is an AI-powered B2B marketplace that connects brands sitting on excess inventory with a vetted network of global wholesale buyers, and handles the hard parts: matching, logistics, compliance, and payments. Highstock now has more than $1 billion in inventory listed on the platform and works with over 100 major brands. Along the way, they’ve kept more than 10 million pounds of product out of landfills. Congratulations, @camillevanhorne, Sean Cashin, and the Highstock team! By @omooretweets and @venturetwins

Posts from X

2 posts

A1
a16z@a16z 3 days ago
We're thrilled to lead Highstock's $30M Series A. Every consumer brand makes more product than it sells – and that inventory gets stranded in warehouses, written off, or dumped into liquidation channels that cheapen the brand. @highstock_x is an AI-powered B2B marketplace that…
- likes: 108
- replies: 11
- bookmarks: 35
- reposts: 7
P2
Pulse 2.0@pulse2news 2 days ago
Highstock Raises $30 Million Series A Led By a16z For AI-Powered Excess Inventory Marketplace: Highstock has raised a $30 million Series A led by Andreessen Horowitz, or a16z, to expand its AI-powered B2B marketplace that helps consumer brands sell… https://dlvr.it/TVR5bg
pulse2.com
Highstock Raises $30 Million Series A Led By a16z For AI-Powered Excess Inventory Marketplace
Highstock has raised a $30 million Series A led by Andreessen Horowitz, or a16z, to expand its AI-powered B2B marketplace that helps consumer brands sell excess inventory to vetted wholesale buyers without relying on traditional liquidation channels.
- likes: 0
- replies: 0
- bookmarks: 0
- reposts: 0