FEVO is a pioneering force in the Information Technology sector, established in 2011 and headquartered in the United States. The company’s mission is encapsulated in its slogan, “Shop like a human.” FEVO aims to revolutionize the online shopping experience by transforming e-commerce platforms into a socially engaging and interactive domain for consumers. FEVO’s aspiration is to tackle the prevalent issue of loneliness and detachment in the e-commerce sphere. The company seeks to infuse the online shopping journey with elements like virality, engagement, community building, and the fear of missing out, typical of social media interactions. This innovative approach redefines the very essence of online retail, facilitating a more humanized, sociable, and enjoyable experience. In a significant milestone, FEVO secured a noteworthy $36.50M Series C investment on 17 December 2021, attracting a consortium of diverse investors including Contour Ventures, Sapphire Ventures, HBSE Ventures, Drive by DraftKings, Eldridge Industries, ID Fund, and Davis Capital Partners. This substantial investment is a testament to the confidence and interest that prominent venture capital entities have in the potential and value proposition of FEVO. Overall, FEVO's novel approach to blending social dynamics with online shopping, as well as the recent substantial investment, indicates the company's progressive vision and potential for growth within the e-commerce landscape.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | $36.50M | 7 | Davis Capital Partners | 17 Dec 2021 |
Series B | Unknown | 3 | Sapphire Sport | 28 Jan 2019 |
Series B | Unknown | 2 | 18 Nov 2018 | |
Series A | Unknown | 1 | 17 Oct 2017 | |
Venture Round | $5.00M | - | 08 Jun 2017 |
No recent news or press coverage available for FEVO.