Online Shopping Experience Provides Cure to Outfit Envy Allowing Consumers to ‘Hunt’ On The Go; Announces $5.5 Million Series A Financing SAN FRANCISCO, Nov. 21, 2013 /PRNewswire/ — The Hunt, the first community-driven online shopping experience that makes photos shoppable, is making it even easier to shop for items found in photos with the debut of its first ever app for iPhone. The Hunt brings an innovative approach to shopping with the ability to spot style trends on the street, or on social media, and share a photo of this with a like-minded community that will hunt down and recommend exact or similar items that match the look and fit your budget. Users can now get the best of The Hunt while on the go, by starting hunts from their iPhone camera and – in real time – will receive suggestions from the community on where to buy the item and how to style it.
“The nature of how consumers discover the products, looks and trends they want to wear and buy is rapidly shifting to user-generated photos – but it’s nearly impossible to get the look seen in a photo, especially while staying in your budget,” said Tim Weingarten, Co-Founder and CEO of The Hunt. “We now cater to the increasing amount of mobile shoppers and provide a service where our community comes together to style each other’s outfits, enabling our members to receive fashion advice while paying it forward by solving other’s shopping related quests, while on the go.”
Additionally, in less than one year since launch, The Hunt has closed a $5.5 million Series A round of funding, led by Javelin Venture Partners. The funding will be used to continue hiring engineers and product designers, among other investments.
“We’re passionate about investing in bold and unique companies, like The Hunt, that are focused on solving a major pain-point for consumers by developing highly engaging, novel consumer experiences, with a sense of community,” said Alex Gurevich, Partner at Javelin Venture Partners. “We’re excited to partner with The Hunt and participate in the future growth and development of this new approach to shopping and styling.”
The Hunt has driven over three million visits to third party e-commerce sites since launch, with a 1.5%-1.75% conversion rate to purchase on these visits, proving that users visit The Hunt with the intent to shop. On average a user will visit two e-commerce sites per session, including 30% of member visits and 16% of non-member visits leading to a referral to a third party e-commerce site.
The Hunt app is designed for iOS7 and available to download for free from the App Store on iPhone at www.thehunt.com/iphone.
TheHunt.com/PRNewswire
