[Investing] Sample Sale Aggregator MyNines Raised $7.5M
Sample sales aggregator MyNines is working on a $750,000 funding round, which it plans to close within the next few weeks.
MyNines partners with fashion private sales sites like Billion Dollar Babes to present all of their offerings in one place. Essentially, it is trying to become Kayak for private sales.
This is a massive market, but to succeed, MyNines needs to secure the cooperation of most or all of the big players, which could be difficult in an industry with razor thin profit margins. The company has made a very promising start, but has yet to bring on some of the biggest players like Gilt.
Greenhill SAVP will the lead investor in the funding round.
About MyNines
MyNines is a search engine that offers consumers one destination site (and mobile app) to search for online sample sales. MyNines will aggregate content from 25-30 sample sale sites and allow users to filter items by category , designer , sale ending time, most viewed items, etc. (similar to Kayak.com for travel).
Website : http://www.mynines.com/
[businessinsider]


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