San Francisco's commerce and shopping industry is attracting new investment

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San Francisco's commerce and shopping industry is raking in new investment, with 14 local companies raising money. New funding rounds were recently announced by commerce and shopping ventures Sun Basket, Storr and Wheelwell, according to company database Crunchbase.

Sun Basket topped the city's recent funding headlines by announcing a $30 million Series E round on May 21, led by PivotNorth Capital.

According to its Crunchbase profile, "Sun Basket is a healthy cooking service that delivers the best organic ingredients and easy, customized recipes weekly to customers' door. It allows customers to choose meals each week or opt into a menu plan, including paleo, gluten-free and vegetarian options. Sun Basket makes it easy to cook delicious meals, eat clean and feel great."

The five-year-old company has raised eight previous funding rounds, including a $15 million debt financing round in 2018.

Next up, Storr raised $3 million in seed funding, in a round announced on May 15 and financed by Spark Capital.

According to Crunchbase, "Storr is a peer-to-peer marketplace that enables anyone to open a store from their phone. On Storr, people make money selling new, brand-name products instead of retailers like Amazon. Backed by the former CEO of Neiman Marcus, the former CEO of Macy’s.com, baseball superstar Alex Rodriguez, Andrew Rosen, Elyse Walker, Jenny Fleiss, Rebecca Minkoff, Chanel-linked Mousse Partners, Spark Capital (Twitter, Glossier, Slack, Warby Parker), Craft Ventures (Space-X, Bird, Reddit), Abstract Ventures, SV Angel (Facebook, Airbnb, Pinterest) and former execs from Apple and Google, Storr signals the decentralization of a $3 trillion global retail market."

The company also raised a $4.1 million seed round earlier this year.

Meanwhile, Wheelwell raised $3 million in funding, announced on May 16.

From the company's Crunchbase profile, "Wheelwell is a visual marketplace for the automotive parts and services market. By leveraging the combined knowledge of enthusiasts, service professionals and brands, our platform aggregates the massive amount of disparate automotive data and turns it into meaningful information consumers can use to easily find the products and services they need. Wheelwell was founded by former Apple employees who are obsessed with cars, technology and big data."

Wheelwell last raised $2 million in seed funding in 2016.

In total, San Francisco-based commerce and shopping companies have raised $102 million in venture funding over the past month, and $4.3 billion over the past year.

This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.