Austin, TX – According to filings with the U.S. Securities and Exchange Commission, Loveseat is raising $6,999,994.00 in new funding. Sources indicate as part of senior management President, Christopher Stanchak played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Loveseat
Nearly 30% of orders from ecommerce retailers like Wayfair get returned upon delivery. Unfortunately, these big bulky items are hard to enter back into inventory. This means items end up getting trashed and consumers miss a huge opportunity. This is where Loveseat.com comes in. We operate weekly online auctions where local consumers buy returned goods and save an average of 70% off retail. Loveseat is live in 4 locations in SoCal & Texas and soon, were going to be nationwide!.

To learn more about Loveseat, visit http://www.loveseat.com/

Contact:
Christopher Stanchak, President
858-800-2226
https://www.linkedin.com/in/chrisstanchak/

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