|Description||Subscription Retail Solutions|
|Venture Round, 11/12 |
Fung Capital USA
Allegro Venture Partners
Stage One Capital
OrderGroove delivers subscription retail solutions to over 70 online brands including CVS, Grainger, L’Oreal, Jockey and Lot18, empowering shoppers to subscribe to frequently purchased items as well as join monthly product discovery clubs. By turning new and existing customers into repeat buyers, OrderGroove helps retailers tap into the power of convenience to turn new and existing customers into repeat buyers – building recurring revenue streams, maximizing profitability, and increasing customer lifetime value by 200% - 400%. The company is privately held, headquartered in New York City, and backed by investors including Fung Capital, SWaN, Legend Ventures, and Lerer Ventures. For more information, please visit www.ordergroove.com.