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Funds generated through this round of investment are expected to be focused on R&D and distribution expansion.
November 16, 2022
By: Lianna Albrizio
Associate Editor
E-commerce business Arey has closed an oversubscribed $4.15 million Series Seed financing round, exceeding its original $2 million target. Female Founders Fund and Greycroft acted as the lead investors. Funds generated through this round of investment are expected to be focused on R&D and distribution expansion. “We built the business with strong unit economics from the beginning and a focus on profitability,” said CEO Arey Allison Conrad. “We are thrilled that Female ...
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