Tuesday, October 14, 2014
Cratejoy Raises $4.0M To Power Subscription Commerce
Austin-based Cratejoy, the startup founded by Amir Elaguizy and Alex Morse to help power all kinds of subscription, delivery businesses, said Tuesday that it has raised $4.0M in funding, and launched its public beta. The funding came from Charles River Ventures, and brings its total raised to $6.2M. The company's other investors are SV Angel, Y Combinator, Capital Factory, Andreessen Horowitz, Maverick Capital, Start Fund and ACE Venture Fund. Cratejoy helps subscription businesses to use its platform to help power subscription businesses, helping them to manage their inventory, print shipping labels, create a website, and analyze customer usage and shipments.