Crossover VC

$550M Series D led by @Accel. $5.55B valuation. One year into our U.S. expansion, we’re doubling down: accelerating across America and building AI with the lawyers who use it every day. Grateful to our customers, partners, and team. More: legora.com/blog/series-d

We just raised $6.6M to make sourcing physical products as simple as launching an online store. Shopify made selling easy, but manufacturing is still painful. It takes brands 6+ months and thousands of messages with low quality factories over WhatsApp/WeChat/email to source a single product. With tariffs forcing businesses to shift their supply chains, the urgency around fixing sourcing has only intensified. @cavelahq uses AI agents, a vetted network of 200,000+ factories across 40 countries, and experts on the ground to handle everything from collecting quotes to delivering orders to warehouse. The round was co-led by @SusaVentures (Robinhood, Flexport), @xyz_vc (Anduril), and with participation from @CrossoverVC. Other investors include @PropelVC and Go Global Ventures. We’re thrilled to have partners who recognize that global manufacturing should operate with the efficiency and accessibility of software. Thank you to @MTemkin and @TechCrunch for the story, and to the many people who supported. Now back to work. A special thank you to: @chadbyers @fubini @deeeniseS @camillericketts @Noah_L @milesdeamer @dvlamoen @David_Mort @JayReinemann @0xelton @braeden_norris @LucyWilmot1 @ImChauncey