Investing in global mobile consumer business

Hello Osito! Predictive Assistant App Launches on IPhone

It was only about three weeks ago when the team behind predictive intelligence app Sherpa announced a hefty seed round and that it was rolling the app out to private beta users. Now it seems they’re all ready for prime time… with a few changes.

Since there’s already a glut of mobile apps named Sherpa floating around out there, founder and CEO Bill Ferrell thought it was high time for a bit of rebranding — to that end Sherpa has been renamed Osito, and it’s ready for you to download in the iOS App Store.

Here’s a bit of background in case you haven’t been keeping tabs..

The RealReal unwraps $14M from VCs

Diamonds may be a girl’s best friend, but so are designer heels, Chanel purses, and fine leather jackets, particularly when they are at a price she can afford.

The RealReal has raised $14 million to grow its luxury online resale marketplace, which it claims is “second only to eBay.” The startup’s team of professional stylists and fashion experts hand-select and authenticate pre-owned designer goods from brands like Chanel, Dior, Gucci, Hermes, Louis Vuitton, and Cartier. The goods are sold in 72 hour flash sales for prices at up to 90% off the original cost.