Cap Hill Brands
Cap Hill Brands is a Seattle-area startup focused on acquiring e-commerce companies and brands, previously backed by Version One Ventures...
Facts
- HQ
- Seattle, Washington, US
- Sectors
- Manufacturing
- Employees
- 6
- Stage
- Seed
'They proved me wrong.' Investor who passed on Seattle startup analyzes its IPO
Jason Stoffer was still early in his career at venture capital firm Maveron in 2012 when he declined an opportunity to invest in Remitly, then a fledgling Seattle startup with ambitions to challenge Western Union by bringing a tech mindset to the business of international money transfers. He was impressed by Remitly co-founders Matt Oppenheimer and Josh Hug but knew they faced a huge challenge in getting the state-by-state regulatory approval required to make monetary remittances to what was then their initial international market, the Philippines. "It felt like the end vision was powerful — if they can get there,"…
