Venue.com is the place to go!
Partnering with Arena Investors, LP proved to be a bonanza for Venue Marketplace. The New York-based institutional asset manager granted Venue $21 million in financing to ensure its growth and expand its range of financial services. The strategic deal became a significant factor in Venue's success in 2021.
Venue Marketplace and Arena Investors, LP
Arena Investors provides creative financial solutions for those seeking capital in specialized situations. Their highly skilled professionals deal with complex situations and provide financing that is beyond the limited, traditional scope of banks.
Arena's financing of Venue.com was a tremendous vote of confidence in the e-commerce platform. It has enabled Venue's customers who don't have a credit card to purchase sought-after, upscale brands through flexible payment options offered by four national lenders.
Venue Marketplace's competitive advantages led to rapid growth in 2021, with more than a million monthly visits on their site, and thousands of purchases transacted. Venue served more than two million customers and generated $1 billion in revenue in 2021.
Venue has established valuable partnerships with premium, iconic brands like Apple, Samsung, Gucci, Prada and Chanel - to name a few. As the e-commerce industry continues to grow, Venue is set to become one of the world's leading online marketplaces.
Baden Bower News