How much funding has Jet.com raised?

Jet.com has raised $745.0M in total funding, most recently a Series C round.

Who are Jet.com's investors?

Jet.com's investors include Walmart, Fidelity Management, Bain Capital Ventures, New Enterprise Associates, Accel, Norwest VP.

Where is Jet.com headquartered?

Jet.com is headquartered in Hoboken, New Jersey, United States.

What industry is Jet.com in?

Jet.com operates in E-Commerce, Retail.

How many employees does Jet.com have?

Jet.com has 1001-5000 employees.

Jet.com

Acquired

Walmart | Save Money. Live better.

Hoboken, United States · Founded 2014 · $745.0M raised

E-Commerce

Retail

Headquarters: Hoboken, New Jersey
Employees: 1001–5000
Founded: 2014
Business Model: B2C

Website: jet.com
Total Funding: $745.0M
Last Round: $350.0M Series CNov 2015
Rounds: 4

About

Jet.com was an American e-commerce company co-founded in 2014 by Marc Lore, Mike Hanrahan, and Nate Faust, headquartered in Hoboken, New Jersey. The platform pioneered a real-time dynamic pricing algorithm that adjusted cart prices based on distribution center proximity, payment method, and return policy waivers — passing cost savings directly to consumers. Jet.com raised $820 million from investors including GV, Goldman Sachs, Bain Capital Ventures, Accel Partners, Alibaba Group, and Fidelity before being acquired by Walmart in September 2016 for $3.3 billion. The acquisition positioned Walmart to compete more aggressively with Amazon in e-commerce. Jet.com was shut down on June 4, 2020, with traffic redirected to Walmart.com.

Summary

Jet.com is an E-Commerce company based in Hoboken, United States, founded in 2014. It has raised $745.0M in total across 4 rounds, most recently a $350.0M Series C round in Nov 2015. Investors include Walmart, Fidelity Management and Bain Capital Ventures.