Highstock, a New York, and Gurgaon, India-based stock administration startup, raised $5.5M in seed funding.
The spherical was led by Greylock, with participation from Max Mullen, co-founder of Instacart.
Led by Camille van Horne (CEO) & Ashish Sinha (President), Highstock offers a listing administration platform that helps manufacturers join their unsold stock with wholesale patrons who want it, from retailers and distributors to small enterprise homeowners throughout the globe — who’re actively on the lookout for high-quality merchandise at aggressive costs.
The platform gives a contemporary resolution for shifting obtainable stock:
- Manufacturers record their unsold stock on Highstock.
- A community of vetted wholesale patrons locations bids on these listings
- Manufacturers select the gives that work for them, and Highstock helps logistics — together with transport, compliance, and funds.
In a number of months, Highstock has helped over 50 manufacturers in classes like magnificence and private care record $100M price of accessible stock to patrons.
FinSMEs
27/02/2025
