British marketplace Soda Says invades the U.S. with sex toys
Beware of the British invasion of the sex toys. OK, maybe it’s not that dire. But Soda Says, a United Kingdom curated marketplace, is expanding into the U.S. with a new category of sex toys for women.
Soda Says is releasing a new “Sex Tech” collection for women. The company has raised $2.5 million to date from lead investor LocalGlobe in the United Kingdom. Other investors include ADV, and founder and CEO of PCH International Liam Casey.
Earlier this year, the banning (and later reinstatement) of female sex toy maker Lora DiCarlo from the CES 2019 tech show in Las Vegas shined a spotlight on the burgeoning business of women’s sexual wellness. Soda Says said the reinstatement showed that sex toys have migrated from basement sex shops and onto the nightstands of the world’s savviest women, in a global market estimated to be worth $23 billion.
“The technology industry is finally seeing the value in female-focused design in the sex tech industry. Gone are the giant body part replicators. The overly eroticized tone has been replaced by stylish, Instagram-friendly products that many are happy to leave on their bedside tables,” said Grace Gould, CEO of Soda Says, in a statement. “The products that Soda Says introduces to its community are being developed with incredible, patented technology that has been thoughtfully constructed with the female body in mind.”
Through partnerships with emerging brands like Dame, the Soda Says Sex Tech offering for the U.S. includes a variety of new products, such as Dame’s Pom, which sits in your hand and bends with you to deliver broad and targeted stimulation. Additionally, Soda Says is introducing the Crescendo, the multi-award-winning world’s first fully flexible smart vibrator, from British startup MysteryVibe, and Rose Gold Petite, the small but powerful rechargeable vibrating massager from Le Wand, amongst others.
“Soda Says is tackling a huge opportunity of selling consumer electronics to women by women,” said Saul Klein, partner at LocalGlobe, in a statement. “The company began by creating a hyper-engaged community that started looking to Soda Says for shopping ideas to trends and news around technology. It’s very successfully monetized that community in the UK, and is now taking that community-led commerce playbook to the US.”
Soda Says is focused on creating an inclusive community for the everyday consumer seeking to improve life through tech. This Sex Tech launch is the first of a series of new categories to be released in the U.S.
“Sex toy use has been mainstream for a while, but they’re only just starting to be marketed and sold as the wellness products that they are, instead of bachelorette party gag gifts,” said Janet Lieberman, cofounder of Dame Products, in a statement. “Over the next few years, more and more fashion, health, and beauty stores will begin carrying sex toys, acknowledging the roles that sexuality, self-care, and pleasure play in a balanced and healthy lifestyle.”
Launched in 2017, Soda Says is a curated marketplace for purposeful tech products.
Source: VentureBeat