Los Angeles-based, Ghost, a B2B market place raised $30 million led by Cathay Innovation in a Series B funding round.
The round was actively participated by all the existing investors Eniac Ventures, Union Square Ventures, and Equal Ventures.
Los Angeles-based Ghost B2B $30M Series
Co-founders Ghost, Dee Murthy and Josh Kaplan said that the raised funds will be used for hiring new talents, product R&D, and expansion.
Ghost is a B2B marketplace that helps brands monetize surplus inventory discreetly. Ghost is a one-stop solution for retailers, brands and wholseller. Its advanced AI helps match buyers and sellers with the same interest and increases the conversion rate.
Ghost raised $20 million series A in stealth mode in 2022 and have seen a 500% increase in growth. Ghost is seeing a 10x growth in revenue in year on year bases and its team size is doubled in a year.
Moreover, Ghost had started all the categories including best brands in footwear, apparel, home goods, beauty and much more.
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