District

About District

District is a technology company that provides an AI-powered platform for building and growing custom online businesses without the need for coding. The company was founded in 2022 by former Snap product and technology leads Eddie Koai, Patrick Mandia, and Khoi Tran. Drawing on their experience in social platforms, the founders aimed to create infrastructure for the next generation of commerce, focusing on community-driven and interactive shopping experiences. After operating in a private beta for three years and onboarding over 1,000 businesses, District launched for general availability in May 2026. The launch coincided with the announcement of a $14.7 million seed funding round led by Andreessen Horowitz and Kindred Ventures, with participation from Greylock Partners and other notable investors. The platform is designed to lower the technical barriers for entrepreneurs, creators, and brands, allowing them to move beyond the rigid templates of traditional e-commerce solutions. District's core feature is its AI Builder, which can generate fully customized storefronts, multi-vendor marketplaces, and community hubs from simple text prompts. Users can create unique shopping formats such as live selling events, auctions, and paid communities, giving them full ownership over their customer relationships and data. The system also includes a 'Commerce Manager' dashboard for daily operations and backend services that handle fraud prevention, customer support, and dispute resolution. District operates on a software-as-a-service (SaaS) business model, offering several subscription tiers, including Basic, Pro, and custom Enterprise plans. These plans provide access to an array of features, with limitations on aspects like the number of third-party sellers and AI credits. The company's revenue is generated through these monthly subscriptions and a platform fee charged on transactions, such as a 10% fee on community subscriptions sold by its users. Platform owners, in turn, can generate their own revenue by charging commission fees on sales within their marketplaces. The platform has already demonstrated significant traction with early customers like the resale marketplace NikNax, which generated over $5 million in 2025, and the golf marketplace Stacked Golf, which achieves $150,000 in weekly sales. Keywords: AI commerce, no-code platform, e-commerce builder, live selling, online auctions, custom marketplaces, paid communities, creator economy, SaaS, multi-vendor marketplace, direct-to-consumer, social commerce, Eddie Koai, Patrick Mandia, Khoi Tran, Andreessen Horowitz, Snap alumni, interactive shopping, online business builder, community commerce, digital storefronts, resale marketplaces, AI builder, e-commerce infrastructure