Industry

E-Commerce

Company Type

Shopping Tech

Size

$5 Million

Investment Type

Equity

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Venue

Overview

Venue is seeking $5 million of equity to continue to build its premium ecommerce marketplace featuring leading retailers and national lenders, offering competitive pricing and flexible payment options through its proprietary lending tree platform.

 

Offering premium brands from leading retailers


Validated market demand and business fundamentals with over $6.7 million of gross revenues and 186% growth year over year


Ecommerce marketplaces are the fastest-growing retail channel globally with $3.23 Trillion spent in 2021, accounting for 67% of global ecommerce sales


Virtual and highly scalable – Venue marketplace is integrated with leading retailers and national lenders enabling it to scale rapidly while maintaining a low-cost structure, no inventory and no credit risk

Venue

Opportunity

Venue monetizes revenues by offering diversified financial products through its proprietary credit platform including personal loans, mortgage loans, auto loans and credit cards


Venue provide a free credit score and pre-qualified offers from national lenders in real time generating origination fees thereby increasing profitability


Marketplaces are the fastest-growing retail channel globally with $3.23 Trillion spent in 2021, accounting for 67% of global ecommerce sales

Venue

Solution/Strategy

Ecommerce marketplace featuring a wide selection of brand name products from leading online retailers at competitive pricing


Flexible payment options across all credit segments through its proprietary lending platform


Highly scalable ecommerce marketplace platform featuring over one million SKUs offered by leading retailers integrated with a proprietary lending platform


Data-driven analytical marketing strategy to drive consumer demand


Consumer loans are funded off balance sheet through agreements with third party lenders

Venue

Management

RON DRORI

Chairman

Former CEO and founder of VNU Group, a specialty finance company


Former Chairman of Crest Financial Services, a national leasing company.


Responsible for securing over $500 million of capital and generating over $1 billion in revenues


Graduate of the Anderson School of Management, UCLA

MICHAEL JONES

CEO

Former CEO and founder of Pepperjam


A leading digital marketing agency with over $4 billion of annual transactions and a former head of performance marketing at eBay


Graduate of Villanova School of Law

KENT HELBIG

Chief Technology Officer

A seasoned e-commerce executive with over 20 years of experience building and expanding businesses in both the US and APAC markets


Former CTO of VNU Group, a specialty finance company, a former CTO & COO, Co-Edition and a former director of Technology Gilt Groupe

CHRISTINA WOLFROM

Interim Chief Financial Officer

A seasoned CPA with 11 years of accounting, audit and financial operations experience across multiple industries


Senior Manager, Caroprese & Company, former controller Corporate Synergies and Audit Manager with Citrin Cooperman & Company


Graduate of the University of Delaware

Venue

Learn More About This Transaction Venue
Thank you for your interest in Venue. Please fill out your information and we will contact you shortly with more information about Venue.

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CONTACT US

Hi. We're not around right now. But you can send us an email and we'll get back to you, asap.

Thanks, Ken

Ken Margolis | Managing Partner Castle Placement, LLC
1460 Broadway Street, Rte 400
New York, New York 10036
(212) 418-1188 | C: (516) 712-7784
kmargolis@castleplacement.com

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