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    <title>Gistmi.Com - Latest Press Releases on ReleaseWire</title>
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      <title>Gistmi.Com Raises over $3 Million in Funding from Regional and Offshore Angel Investors</title>
      <link>http://www.releasewire.com/press-releases/gistmicom-raises-over-3-million-in-funding-from-regional-and-offshore-angel-investors-1156748.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Conshohocken, PA -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 02/25/2019 --  Gistmi.Com, an e-commerce startup announced today that it successfully raised over $3.1 million in equity financing from a community of US and international angel investors. The funds raised will provide the capital for Gistmi to build its next generation website platform, and fund its global expansion.<br />
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"Gistmi.Com has shown the focus and growth strategies that are important to investors," said Wei Lu, angel investor. "We&apos;re confident in the company&apos;s leadership and in their ability to continue to drive innovation that benefits both suppliers needs and consumer demands."<br />
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"Thanks to this round of founding we&apos;re going to be able to fully redesign our website, launch online apps and optimize the entire shipping process. Prior to funding we&apos;ve been able to buy and rehabilitate a a 18,000 square foot building but we feel this round of funding is going to give us an amazing expansion in 2019" said Brett LaValley, CEO. "Unlike many other websites, we are going to be the central point for customer service," he says. "We have 24/7 customer service. Any issue you have with a package is sorted out by our customer service. We&apos;re still ramping up in the fulfillment centers, but that&apos;s more driven by our natural growth rate rather than the preparation for peak."<br />
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Thus, with the help of the funding they have received, their targets will be reached sooner and the new and improved Gistmi.Com will be available starting September 2019.  Free shipping time is expected to improve from aprox. 7 business days to 5 and also customers from Canada will benefit of the free delivery option. An increase in the number of products available, returning customers discounts are some of the new and exciting features that Gistmi.Com will offer the clients.<br />
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About Gistmi.Com<br />
Gistmi.Com is a 2015 e-commerce startup that specializes in appliances, furniture, electronics and home decor. Over 200.000 products delivered and a constant wish to provide the best customer experience are all that Gistmi.com is about.</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/gistmicom-raises-over-3-million-in-funding-from-regional-and-offshore-angel-investors-1156748.htm">http://www.releasewire.com/press-releases/gistmicom-raises-over-3-million-in-funding-from-regional-and-offshore-angel-investors-1156748.htm</a></p></div><h2>Media Relations Contact</h2><p>Maria Knott<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/1156748">Click to Email Maria Knott</a><br />Web: <a rel="nofollow" href="https://gistmi.com">https://gistmi.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=1156748&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Mon, 25 Feb 2019 10:50:00 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/gistmicom-raises-over-3-million-in-funding-from-regional-and-offshore-angel-investors-1156748.htm</guid>
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      <title>Gistmi.Com 2019 Independent Safety Auditor's Report</title>
      <link>http://www.releasewire.com/press-releases/gistmicom-2019-independent-safety-auditors-report-1153042.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Conshohocken, PA -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 02/20/2019 --  Gistmi.Com is proud to report conformity with safe online buying principles generally accepted in United States according to the Online Shopping Trust Agency.<br />
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According to Auditor Martin Westminster: "We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit. In our opinion, the Company has, in all material respects, an adequate business self-regulation operating effectively  since 4 February 2015. Based  on  the  internal  control  over criteria like: orientation, selection, transaction, delivery and customer care while proactively considering current and future needs as well as the increasing expectations of regulators and the second lines of defense, the business units and the risk/compliance functions we can conclude an adequate experience is provided to buyers."<br />
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The only inconsistencies were found with shipping of wrong items or slower delivery times. They were predominant in 2015-2016 but the new development of the shipping policy alleviated most of these problems. No unresolved reports of non/wrong-delivery by customers exist.<br />
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"Since 2015 we have delivered more than 200.000 products with no issues to our customers. In the beginning we have experienced growth related problems like a large volume of orders and sometimes delays in answering or delivering the orders in time. These problems were at a tolerable level and we compensated all customers affected with discount coupons. These problems are left behind as we have scaled our entire activity to the current number of orders.  Currently the number of wrong items shipped or delays in delivery is almost non-existant. Also please keep in mind that always customer support is ready to assist you 24/7" said owner and CEO Brett LaValley</p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/gistmicom-2019-independent-safety-auditors-report-1153042.htm">http://www.releasewire.com/press-releases/gistmicom-2019-independent-safety-auditors-report-1153042.htm</a></p></div><h2>Media Relations Contact</h2><p>Maria Knott<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/1153042">Click to Email Maria Knott</a><br />Web: <a rel="nofollow" href="https://gistmi.com">https://gistmi.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=1153042&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Wed, 20 Feb 2019 08:00:00 -0600</pubDate>
      <guid>http://www.releasewire.com/press-releases/gistmicom-2019-independent-safety-auditors-report-1153042.htm</guid>
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