Social shopping site Wishpot has taken $1 million Series A in a round led by Monster Venture Partner that included H-Farm and Adrian Hanauer.
Wishpot is a social shopping service that lets you collect and and share information about items you find online and in stores. By creating a common space in which users can browse, recommend products, get advice, and find new items they’re interested in, Wishpot seeks to simplify shopping.
The company said it would use the funding to further enhance its vertical offerings, improve the Wishpot platform, increase business development activities and introduce business analytics for enterprise customers.
Wishpot competes in the same space as Kaboodle, Stylehive, Yahoo Shoposphere, Zlio and MyPickList.
Slam Duncan Article.
Their mascot looks like the lovechild of the Michelin Tire Man and The Pillsbury Dough Boy.
LoL it really does…The company does sound like a great idea though, especially competing in the social shopping space (all these apps need to be extended to Facebook and MySpace…my 4th time saying this same thing…) – you also forgot it looks like a threeway with the Baby Einstein mascot
guarantee you its a million that the VC’s will never see again..((
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