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§ Private Profile · 2200 Ross Ave Ste 4400E, Dallas, Texas, 75201, United States
Neighborhood Goods is a technology company.
Neighborhood Goods operates as a modern department store concept, curating a dynamic retail experience that transcends traditional product-based transactions. It develops communities, hosts events, and integrates technology to offer a comprehensive engagement model, enabling featured brands to shine within a constantly evolving environment. The company focuses on thoughtful curation, partnering with brands eager to innovate their physical presence.
The company was co-founded by Matt Alexander, who previously initiated Unbranded, a pop-up organization for entrepreneurs, and Mark Masinter. In 2017, Masinter approached Alexander seeking insights into the future of retail. Alexander's vision for an evolved shopping experience, built upon his community-oriented ethos from Unbranded, formed the foundational premise for Neighborhood Goods.
Its offering caters to consumers who desire tangible retail interactions but are disengaged by conventional shopping formats. Neighborhood Goods envisions a future where physical storefronts are vibrant narrative platforms, prioritizing customer experience and community building over mere product display. The company strives for transparency and a welcoming atmosphere, believing retail success hinges on compelling stories and meaningful connections.
Neighborhood Goods has raised $26.0M across 3 funding rounds.
Neighborhood Goods has raised $26.0M in total across 3 funding rounds.
Neighborhood Goods is a retail technology company that operates a new-format, experiential department store — a physical-and-digital platform that hosts rotating “activations” for digitally native and independent brands while providing in‑store technology, data, staffing and storytelling to help those brands test products and acquire customers in real life[1][4].[3]
High-Level Overview
For a portfolio company (how Neighborhood Goods operates as a platform for brands)
Origin Story
Core Differentiators
Role in the Broader Tech and Retail Landscape
Quick Take & Future Outlook
Quick take: Neighborhood Goods has positioned itself as a physical‑retail infrastructure and experience engine for the modern DTC era — its success will hinge on scaling the economics of hosted activations while deepening the technology and data value it returns to brand partners[3][2].
Neighborhood Goods has raised $26.0M in total across 3 funding rounds.
Neighborhood Goods's investors include Donald Stalter, Brand Foundry Ventures, Forerunner Ventures, General Catalyst, Serena Ventures, Gwyneth Paltrow, Allen Exploration, Capital Factory, NextGen Venture Partners, 01 Advisors, Crosscut Ventures, Dispersion Capital.
Neighborhood Goods has raised $26.0M across 3 funding rounds. Most recently, it raised $11.0M Series A in September 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2019 | $11M Series A | Donald Stalter | Brand Foundry Ventures, Forerunner Ventures, General Catalyst, Serena Ventures, Gwyneth Paltrow, Allen Exploration, Capital Factory, Forerunner Ventures, NextGen Venture Partners | Announced |
| Feb 1, 2019 | $9M Seed | — | 01 Advisors, Brand Foundry Ventures, Crosscut Ventures, Dispersion Capital, DST Global, Forerunner Ventures, General Catalyst, IVP, Laurence Jones, MAC Venture Capital, Sapphire Ventures, Serena Ventures, Gwyneth Paltrow, Kevin LIN | Announced |
| May 1, 2018 | $6M Seed | Kirsten Green | 01 Advisors, Brand Foundry Ventures, Crosscut Ventures, Dispersion Capital, DST Global, Forerunner Ventures, General Catalyst, IVP, Laurence Jones, MAC Venture Capital, Sapphire Ventures, Serena Ventures, Gwyneth Paltrow, Kevin LIN, Alan Shor, Michael Dubin, CAA Ventures, Global Founders Capital, Maveron, NextGen Venture Partners, Revolution | Announced |