This E-Commerce Startup Is Profitable and Raised New Cash

Early stage startups that achieve profitability are a rarity in Silicon Valley. Tophatter, a startup you have probably never heard of, may be an exception.

The San Francisco-based startup, which has quietly been building a mobile e-commerce marketplace, says it’s profitable but declined to say by how much.

Tophatter expects to make $100 million in revenue this year. It netted nearly $40 million in revenue in 2016.

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