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Loveseat
United States
- Austin, Texas
- 16/03/2022
- Series A
- $7,000,000
Nearly 30% of orders from ecommerce retailers like Wayfair get returned upon delivery. Unfortunately, these big bulky items are hard to enter back into inventory. This means items end up getting trashed and consumers miss a huge opportunity. This is where Loveseat.com comes in. We operate weekly online auctions where local consumers buy returned goods and save an average of 70% off retail. Loveseat is live in 4 locations in SoCal & Texas --- and soon, we're going to be nationwide!
- Industry Furniture and Home Furnishings Manufacturing
- Website https://www.loveseat.com/
- LinkedIn https://www.linkedin.com/company/loveseat/
Related People
Chris StanchakCo Founder
United States -
Austin, Texas,
Chris's early career was in the field of information technology.
After graduating from the Wharton School of The University of Pennsylvania, he moved to multichannel marketing and eCommerce at GSI Commerce, now Fanatics. At GSI, he headed up print catalog marketing for NFL, NHL, MLB & NASCAR.
After GSI, he founded TicketLeap, a small events ticketing platform which raised $8.5m in VC and was acquired in 2018.
Currently, Chris is CEO of Loveseat.com, a San Diego & Los Angeles based estate auction marketplace with his wife Jenny. Loveseat has raised $2m from angel investors.
Chris loves helping startups and has held numerous advisory roles, most notably, he was a founding advisor to Venmo (acquired by PayPal) & LevelUp (acquired by Grubhub for $390m).
Specialties: internet, ecommerce, mobile, venture capital, merchandising, marketing, technology development, outsourcing
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