Cratejoy is an e-commerce platform that specializes in selling subscription boxes. These subscription boxes cater to different consumer needs, such as healthcare supplies or regional specialty products. Headquarters Austin, Texas Founded in 2014 Founder Amir Elaguizy Website https://www.cratejoy.com/backgroundEvery time I finish shopping online, I always feel an inexplicable sense of surprise when I open the package. Especially for some products ordered on a monthly basis, since I don’t know what is in the box, it feels more like opening a gift, which is quite similar to the "lucky bag" that is popular in Japan. introduceThe uniqueness of Cratejoy lies in that it builds a comprehensive "ordering service" platform that includes all the above-mentioned products and services. For merchants, they can run their own ordering business with less cost and effort. Cratejoy provides them with a series of tools for tracking and managing inventory, printing shipping labels, and page design. As a platform, Cratejoy handles the transaction and earns a certain percentage of commission from it. costThere are no monthly fees, and a commission of 11.25% is charged on each trade. FinancingIn October 2014, it received US$4 million in Series A financing, led by Charles River Ventures and the famous Andreessen Horowitz. |
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