13 November 2019, India:
Threekit has raised $20 million in Series A round of funding. The funding round was led by Shasta Ventures.
Salesforce Ventures, former San Francisco 49ers Hall of Famer Steve Young, Marketo Co-Founder Phil Fernandez, and serial SaaS entrepreneur Godard Abel (G2, Steelbrick, and BigMachines) also participated in the funding round.
Joachim Klein, President of Threekitsaid, “Buying online takes away the ability to touch and feel a product, so interactive product visuals are critical, especially for highly configurable and sophisticated products.”
Joachim Klein, added, “Commercial photography falls far short of online buyer expectations, and current eCommerce experiences don’t capture how consumers engage with product listing before buying. Threekit overcomes these challenges by enabling incredible virtual product experiences.”
Jacob Mullins, Partner of Shasta Ventures, said, “We look for passionate, entrepreneurial teams who understand what it takes to bring their vision to life, and that describes Threekit perfectly. Beyond that, Threekit’s product is poised to fundamentally change the way retailers and brands create and manage visual content.”
Matt Garratt, Managing Partner at Salesforce Ventures, said, “Threekit’s integration with Salesforce Commerce Cloud enables companies to seamlessly embed interactive 3D models into their websites, providing customers with unparalleled immersive commerce experiences. We’re thrilled to invest in the Threekit team as they bring their vision for 3D visual configuration and augmented reality to companies around the world.”
(Image – Threekit)