Remark Raises $10.3M Funding

Remark, a New York-based product guidance startup for online stores, raised $10.3m in funding.

Backers included Spero Ventures, Stripe, Shine Capital, Neo, Sugar Capital, and Visible Ventures.

The company intends to use the funds to expand operations, its business reach, and development efforts.

Co-founded by Theo Satloff (CEO), Carl-Philip Majgaard and Ian Patterson, Remark aims to make online retail more human for online shoppers and more profitable for e-commerce brands. It operates via community of 50,000 domain experts who stem from a wide array of fields ranging from skincare to mountain biking, and from cooking to baby care. These experts are real people with knowledge and experience who, through live one-on-one conversation, detailed product reviews, hyper-specific product content, and more, help shoppers learn exactly what they need to feel confident when making purchase decisions.