Skip to main content
https://www.highperformancecpmgate.com/rgeesizw1?key=a9d7b2ab045c91688419e8e18a006621

Soda Says, a curated consumer electronics retail platform, launches in the U.S.

Grace Gould has spent her life thinking about the intersection of retail and tech. She started out in Apple Retail, and then moved on to Index Ventures where she worked on early stage investments. She then worked at PCCH International as the VP of Global Retail Strategy, working with companies and hardware makers to develop, manufacture, package and distribute products.

But throughout her career, Gould has always seen a hole in the consumer electronics retail space.

“The interesting thing about consumer electronics is that you have these brands — Apple stores, Microsoft stores, Samsung stores &mdash that sell a very limited number of products,” said Gould. “And then you have big box retailers like Best Buy. No one is doing an interesting lifestyle business within consumer electronics.”

That’s where Soda Says comes in.

Soda Says is an ecommerce marketplace focused on lifestyle gadgets, such as the Elvie Smart Breast Pump and the Gingko Edge alarm clock.

The company curates useful, aesthetically pleasing gadgets and puts them in categories like Accessories, Wellness, Lifestyle and Kids, with a specific aim to help small hardware companies grow.

Today, Soda Says launches in the United States with a new vertical: women’s sex tech.

As it stands now, there isn’t really a retail experience that makes sense for women’s sex tech. Customers either have to wander into a sex toy store or go for a little internet adventure. But Soda Says is taking an offline approach to this online business, partnering with department stores like Nieman Marcus and Nordstrom to offer pop-up experiences where shoppers already are.

The Sex Tech collection includes products from brands such as Dame, MysteryVibe, and Le Wand.

Soda Says operates on a hybrid model, sometimes buying inventory of products for resale and other times simply listing the product on the website.

The company has raised a total of $2.5 million from lead investor UK-based LocalGlobe, with participation from investors including ADV, and founder and CEO of PCH International Liam Casey, among others.

Comments

Popular posts from this blog

Uber co-founder Garrett Camp steps back from board director role

Uber co-founder Garrett Camp is relinquishing his role as a board director and switching to board observer — where he says he’ll focus on product strategy for the ride hailing giant. Camp made the announcement in a short Medium post in which he writes of his decade at Uber: “I’ve learned a lot, and realized that I’m most helpful when focused on product strategy & design, and this is where I’d like to focus going forward.” “I will continue to work with Dara [Khosrowshahi, Uber CEO] and the product and technology leadership teams to brainstorm new ideas, iterate on plans and designs, and continue to innovate at scale,” he adds. “We have a strong and diverse team in place, and I’m confident everyone will navigate well during these turbulent times.” The Canadian billionaire entrepreneur signs off by saying he’s looking forward to helping Uber “brainstorm the next big idea”. Camp hasn’t been short of ideas over his career in tech. He’s the co-founder of the web 2.0 recommendatio...

How the world’s largest cannabis dispensary avoids social media restrictions

Planet 13 is the world’s largest cannabis dispensary. Located in Las Vegas, blocks off the Strip, the facility is the size of a small Walmart. By design, it’s hard to miss. Planet 13 is upending the dispensary model. It’s big, loud and visitors are encouraged to photograph everything. As part of the cannabis industry, Planet 13 is heavily restricted on the type of content it can publish on Instagram, Facebook and other social media platforms. It’s not allowed to post pictures of buds or vapes on some sites. It can’t talk about pricing or product selection on others.   View this post on Instagram   A post shared by Morgan Celeste SF Blogger (@bayareabeautyblogger) on Jan 25, 2020 at 7:54pm PST Instead, Planet 13 encourages its thousands of visitors to take photos and videos. Starting with the entrance, the facility is full of surprises tailored for the ‘gram. As a business, Planet 13’s social media content is heavily restricted a...

Leading VCs discuss how COVID-19 has impacted the world of digital health

In December 2019, Extra Crunch spoke to a group of investors leading the charge in health tech to discuss where they saw the most opportunity in the space leading into 2020 . At the time, respondents highlighted startups in digital therapeutics, telehealth and mental health that were improving medical practitioner efficiency or streamlining the distribution of care, amongst a variety of other digital health markets that were garnering the most attention. Where top VCs are investing in digital health In the months since, the COVID-19 crisis has debilitated national healthcare systems and the global economy. Weaknesses in healthcare systems have become clearer than ever, while startups and capital providers have struggled to operate while wide swaths of the market effectively shut down. Given significant volatility and the rapid changes seen in the worlds of healthcare, venture and startups broadly, we wanted to understand which inefficiencies might have been brought to light, w...