INTURN raises $3.6M

What does INTURN do?

INTURN, is a retail technology innovator. It is a marketplace liquidity for Off Price Inventory. It is the first global marketplace which easily and efficiently sells excess or end of season inventory to the retailers in private online showrooms. INTURN’s focus is specifically built for fashion and apparel brands. It provides automated tools for replacing the error prone, manual painstaking process. As result of this it provides a powerful opportunity for increasing the profitability. This startup was designed and is led by veterans of the retail industry and tech experts.

How much INTURN was funded?

INTURN raised $3.6M in Seed round on April 20^th, 2015 from the investors Bobby Lent, Lerer Hippeau Ventures, T5 Capital, Novel TMT Ventures, Forerunner Ventures and Beanstalk Ventures.

Previous funding

• $250k in Seed round on November 22^nd, 2013 from the investor Beanstalk Ventures.

What Is next for INTURN?

INTURN, the retail technology innovator has launched its business to business software solution which reinvents the way retailers and fashion brands sell and buy off price inventory of apparels, accessories and footwear.

More about INTURN

INTURN was founded on August 23^rd, 2013 by Ronen Lazar, Ken Seiff, Charlie Ifrah and Andrew Fine. It has its headquarters in New York. The startup enables the retailers and brands to sell and buy excess inventory in a secure and private marketplace with detailed product info, personalized transaction rules and strong analytics for evaluating the inventory.  It is a real software solution which was created by the experienced software and retail professionals. It helps the brands liquidate excess inventory in a quick and efficient way. INTURN provides buyers with an unprecedented access to the excess inventory. It provides you the excess inventory from the best brands at a great price at the right times in the season.