Company:JOOR

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JOOR
TypePrivately held company
IndustryWholesale / Technology
Founded2010 (2010)
HeadquartersNew York, NY, United States
Key people
Kristin Savilia
ProductsWholesale / Software
Websitewww.jooraccess.com

JOOR is a wholesale digital data exchange and marketplace. The platform provides brands and retailers tools for order processing, assortment planning, and analytics.[1] JOOR is headquartered in New York City and has offices in Los Angeles , Philadelphia, Paris, London, Milan, Madrid and Melbourne.

Products

JOOR launched in 2011 as a platform for buyers and brands to place orders without relying on printed line sheets.[2][3] Presently its product offering includes a brand mobile application, a retailer assortment planning application, a website for brands and retailers to interact, and a suite of integration features.[4][5]

JOOR's clients include approximately 8,600 brands and more than 190,000 retailers, including Bergdorf Goodman and Neiman Marcus in New York and Harrods in London, as well as the conglomerates LMVH, Kering, Richemont, VF Corporation, Kate Spade, and Kellwood Company. In 2016, JOOR processed more than $6 billion in transactions.[6]

Funding

JOOR has raised $20.5 million in venture funding since 2010, including a $15 million Series B funding round led by Canaan Partners in July 2013. Other investors include Battery Ventures, Advance Publications, Lerer Ventures, Great Oaks Venture Capital, Landis Capital, and Forerunner Ventures.[7]

Awards

Inc. named JOOR as one of their "Companies to Watch," and Fast Company named JOOR one of the "10 Most Innovative Companies in Fashion".[8][9][10] In 2014, Internet Week named JOOR one of the 30 best places to work in New York City Tech.[11]

References

  1. Beaulieu, Alan; Murphy, Jon. "Wholesale Trade in 2015". National Association of Wholesale Distributors. https://www.naw.org/about/industry.php. Retrieved 12 May 2016. 
  2. Frenkel, Karen (21 December 2012). "Dragging Fashion Wholesalers Into the Digital Age". Bloomberg Businessweek. https://www.bloomberg.com/news/articles/2012-12-21/dragging-fashion-wholesalers-into-the-digital-age. Retrieved 12 May 2016. 
  3. Casserly, Meghan (14 June 2013). "JOOR Brings Fashion Out Of The Dark (Read: Paper) Ages". Forbes. https://www.forbes.com/sites/meghancasserly/2013/06/14/joor-brings-fashion-out-of-the-dark-read-paper-ages/#12756c0b3f61. Retrieved 16 June 2016. 
  4. Dusto, Amy (24 February 2014). "B2B fashion e-marketplace JOOR debuts a mobile app for merchandise buyers". Internet Retailer. https://www.internetretailer.com/2014/02/25/b2b-fashion-e-marketplace-joor-debuts-mobile-app-buyers. Retrieved 16 June 2016. 
  5. Chernova, Yulia (6 July 2016). "Joor Hunts for Growth While Cash-Flow Positive". Wall Street Journal. https://blogs.wsj.com/venturecapital/2015/07/06/joor-hunts-for-growth-while-cash-flow-positive/. Retrieved 16 June 2016. 
  6. Tepper, Nona (10 May 2016). "Wholesale fashion portal JOOR expects sharp growth this year". B2B Ecommerce World. https://www.b2becommerceworld.com/2016/05/10/wholesale-fashion-portal-joor-expects-sharp-growth-year. Retrieved 13 May 2016. 
  7. Yang, Stephanie (23 July 2013). "Online Fashion Marketplace JOOR Raises $15M In Series B Funding". TechCrunch. https://techcrunch.com/2013/07/25/online-fashion-marketplace-joor-raises-15m-in-series-b-funding/. Retrieved 12 May 2016. 
  8. Pasquarelli, Adrianne. "Crain's 40 Under 40". Crain's. http://mycrains.crainsnewyork.com/40under40/profiles/2014/mona-bijoor. Retrieved 13 May 2016. 
  9. Yaqub, Reshma (30 April 2013). "Company to Watch: Joor". Inc.. http://www.inc.com/magazine/201305/reshma-memon-yaqub/future-of-wholesale-orders.html. Retrieved 13 May 2016. 
  10. Staff, Fast Company (12 February 2014). "The World's Most Innovative Companies in Style". Fast Company. http://www.fastcompany.com/3026315/most-innovative-companies-2014/the-worlds-top-10-most-innovative-companies-in-style. Retrieved 13 May 2016. 
  11. "Internet Week Best Places to Work NYC Tech Luncheon". Internet Week. https://www.internetweekny.com/bestplacestowork. Retrieved 17 May 2016. 

External links