Shopping Experiences Tuesday, August 4, 2026

ShopMy raises $70 million to scale creator commerce infrastructure

ShopMy has secured $70 million in funding at a $1.5 billion valuation, reporting $1 billion in annual platform sales and 200% year-over-year revenue growth.

The numbers

$225M Whatnot late-stage funding round amount
$346.2M Total disclosed social commerce funding rounds
65% Whatnot's share of total social commerce funding
$121.2M Funding raised by remaining 11 social commerce deals
$23.7M Capital captured by seed and pre-seed companies

Sources

newmarketpitch.com

More from this issue

Retail HealthAug 4, 2026

Foundation Health raises $20M for AI-driven retail pharmacy operations

Foundation Health has secured $20 million in funding to implement AI-driven operational improvements for brick-and-mortar retail pharmacies, focusing on patient experience and backend efficiency.

Culinary & FoodserviceAug 4, 2026

AI tools become standard infrastructure for food product development

Food and beverage companies are integrating AI platforms for ingredient formulation and consumer trend analysis into their daily operational workflows.

Culinary & FoodserviceAug 4, 2026

Miso Robotics Acquires Zume Pizza Tech, Integrates Zignyl Software

Miso Robotics has acquired Zume Pizza's robotics technology and patents while integrating Zignyl's revenue management software into its AI dashboard.

Retail HealthAug 4, 2026

Queue raises $12.6M for autonomous pharmacy kiosks

Queue has secured $12.6 million to launch fully autonomous robotic pharmacy kiosks designed to increase prescription accessibility by reducing labor constraints in retail settings.

Merchandising & Store OpsAug 4, 2026

Computer vision targets $1.7 trillion in global inventory distortion

Retailers are adopting computer vision systems to monitor on-shelf availability and planogram compliance, aiming to recover sales lost to inventory distortion.