Nutmeg Aiming to Emulate Monzo's Crowdfunding - DTC Daily
In today?s DTC Daily Digest: Nutmeg aiming to emulate Monzo?s crowdfunding; Airbnb spending spree continues; and BarkBox make first outside investment.
- Nutmeg Aiming to Emulate Monzo's Crowdfunding; Airbnb Spending Spree Continues
- BarkBox have invested in Good Dog , a New York City-based marketplace to allow people to get a dog from a breeder, shelter, or rescue.
- In this round of funding, Good Dog raised USD$6.7m (£5.1m) in funding with investment also coming from the likes of BoxGroup and Felicis.
- However, if leading DTCs, like the ones involved in this investment, can pick the right investments in new startups like Good Dog, they could see good returns, and subsequently be able to hold out selling to larger businesses.