Social shopping-focused Chums announces $3.5M raise ahead of YC Demo Day

– Chums, a social shopping service, raised $3.5m in two pre-seed investments.
– The company closed $1m in December and later looked to raise another $1.5m.
– Interest ran high for shares in the startup, so Chums wound up raising $1m more than its latter target, for a combined total of $3.5m.
– The company declined to share the cap at which the funds, raised via a SAFE, were secured.