Poshmark raises $87.5 million Series D, eyes expansion.
The fashion resale social network Poshmark is announcing that it's raised $87.5 million in Series D funding.
The company also introduced a significant app update on Tuesday that lets sellers act as virtual stylists. It's called the Poshmark Stylist Match, and it gives sellers the ability recommend items in near-real time that are tailored to the style of buyers. In addition to the Poshmark app, users can also access Stylist Match via a voice-enabled skill for Amazon Alexa.
Poshmark -- which now has nearly 3 million registered sellers -- launched in 2011 as a digital consignment store and fashion marketplace with a mobile-first approach. Its goal early on was to a build a social network experience out of its web of buyers and sellers.
camera iphone 8 plus apk Poshmark raises $87 5 million Series D, eyes expansion | |
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