GlowRoad

About

GlowRoad is a social selling platform that lets users resell products directly from manufacturers and wholesalers through social networks.

Bangalore,Karnataka,India
51 - 100
https://glowroad.com/

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $11.50M
Industries: E-Commerce,Retail,Social Shopping
Founded date: Jun 1, 2017
Number Of Employee: 51 - 100
Operating Status: Active
Legal Name: GlowRoad
Also Known As: LocalQueen

GlowRoad is a social selling platform that provides earning opportunities for Indian women and small businesses. The mobile app allows online retailers and SMEs to earn money by promoting selected goods and services in their online and offline social network.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$31.30M

GlowRoad has raised a total of $31.30M in funding over 2 rounds. Their latest funding was raised on Nov 2, 2020 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 2, 2020	Series Unknown	$7M	3	Accel	—	Detail
May 30, 2019	Series B	$11.50M	3	Korea Investment Partners Vertex Ventures	—	Detail
Mar 20, 2019	Series B	$10M	2	Accel CDH Investments	—	Detail
Sep 13, 2017	Series A	$2.80M	2	Accel	—	Detail

Investors

Number of Lead Investors

Number of Investors

6

7

GlowRoad is funded by 7 investors. Accel and Korea Investment Partners are the most recent investors.

Investor Name	Lead Investor	Funding Round
Accel	Yes	Series Unknown
Korea Investment Partners	Yes	Series B
CDH Investments	Yes	Series B
IND Fund	—	Series Unknown
Vertex Ventures	—	Series Unknown
Vertex Ventures Southeast Asia & India	—	Series B
RB Investments Pte. Ltd.	—	Series A