Press Space to continue
AI marketplace for excess inventory reduces waste at scale
Press Space to continue
We're thrilled to lead Highstock's $30M Series A. Every consumer brand makes more product than it sells – and that inventory gets stranded in warehouses, written off, or dumped into liquidation channels that cheapen the brand. @highstock_x is an AI-powered B2B marketplace that connects brands sitting on excess inventory with a vetted network of global wholesale buyers, and handles the hard parts: matching, logistics, compliance, and payments. Highstock now has more than $1 billion in…
camillevanhorne@camillevanhorneSep 10
Beyond excited to share that @highstock_x has raised a $30M Series A led by @a16z with participation from @GreylockVC, @AbstractVC, @Daybreak_Fund, and angels. We are doubling down on our mission of creating value for brands with unproductive inventory. With this raise, we are expanding our team and building on our success in beauty to unlock a new category: apparel. @omooretweets, @venturetwins and @jeff_jordan are the right partners to take this company to new heights - they've invested in great marketplaces like Instacart (I may be biased :) ), and have studied how AI will scale marketplace models that were previously too labor intensive to be financially viable. Thank you to our angels: @Max, @lennysan, JJ Zhuang (Instacart) and John Adams (Instacart). Most of all, thank you to our customers and team. We would not be here without you. Read my reflections on our journey below.
