Spreetail, a global ecommerce accelerator for manufacturers, has closed a $208m funding round to bolster its tech offerings and advance brand partner growth. The investment will enable Spreetail to enhance technology efficiencies and support brand partner growth. Spreetail operates seven fulfillment centers across the US and expanded internationally in 2018. It serves over 500 … [Read more...] about Spreetail Secures $208M Funding to Enhance Ecommerce Acceleration Capabilities
eCommerce
Whatnot raises $260M Series D co-led by DST Global and CapitalG to expand its live, social commerce marketplace
After two years as the fastest growing marketplace in the US, the company will double down on growth by developing new categories and an enhanced in-app experience LOS ANGELES, July 21, 2022 - Whatnot, the largest independent live shopping platform in the US, announced today that it has raised $260 million in a Series D funding round co-led by DST Global and returning … [Read more...] about Whatnot raises $260M Series D co-led by DST Global and CapitalG to expand its live, social commerce marketplace
Medusa Raises $8m to Build the Leading E-Commerce Platform for Developers
Medusa closes Seed round after seeing record growth among Javascript developer community for its open-source alternative to Shopify COPENHAGEN, Denmark, July 15, 2022 - Medusa, the leading e-commerce platform for Javascript developers, today announced it has raised an $8m USD Seed round led by LocalGlobe and Dawn Capital, with participation of prominent tech leaders such as … [Read more...] about Medusa Raises $8m to Build the Leading E-Commerce Platform for Developers
Nautical Commerce Raises $30M to Scale Multi-Vendor Marketplace Technology
Founded and led by former executives from Apple, Visa, Top Hat, and TouchBistro, Nautical is making best-in-class marketplace technology accessible to everyone, from startups to enterprises NEW YORK, June 29, 2022 - Nautical Commerce, the on-demand multi-vendor platform for marketplaces, today announced that it raised $30 million in Series A funding. The round was led by Drive … [Read more...] about Nautical Commerce Raises $30M to Scale Multi-Vendor Marketplace Technology
Trove Secures $77.5 Million Series D Funding Round, Led by G2 Venture Partners
Company Accelerates Expansion as Demand for Branded Recommerce Surges BRISBANE, Calif. - Trove, the market leader in branded recommerce powering circular shopping for lululemon, Patagonia, REI, Nordstrom, Levi’s, Eileen Fisher, Arc’teryx and other leading brands, today announced that it has closed a $77.5 million Series D funding round led by G2 Venture Partners, bringing … [Read more...] about Trove Secures $77.5 Million Series D Funding Round, Led by G2 Venture Partners
Teikametrics Raises $40M Series B to Expand AI-powered Optimization Platform for Sellers
SaaS pioneer will enhance AI-powered capabilities to reach more sellers across multiple marketplaces BOSTON - Teikametrics, the leading optimization platform for sellers on Amazon and Walmart, today announced the completion of a $40 million Series B round led by Intel Capital, one of the world’s top investors in AI technology. GoDaddy, the company that empowers everyday … [Read more...] about Teikametrics Raises $40M Series B to Expand AI-powered Optimization Platform for Sellers
UK-based online marketplace OnBuy.com raises £35M
OnBuy raises £35M in impressive Series A+ funding round UK-based platform OnBuy.com sets its sights on unicorn status following successful raise BOURNEMOUTH, England - Today, UK-based online marketplace OnBuy.com has announced the closing of £35 million in series A+ funding through VC and strategic technology investors. Since its inception in 2016, OnBuy has existed to … [Read more...] about UK-based online marketplace OnBuy.com raises £35M
Clearco Raises $215M USD in New Round of Funding Led by SoftBank
Clearco Raises $215M USD in New Round of Funding Led by SoftBank Vision Fund 2 to Accelerate International Expansion & Continue Build-Out of Suite of AI-Driven, Founder-Friendly Services Clearco is democratizing access to growth for e-commerce businesses and has invested over $2.4B US in over 5,500 businesses with 30% of founders being BIPOC and funding being advanced to 8x … [Read more...] about Clearco Raises $215M USD in New Round of Funding Led by SoftBank
Odoo, a leader in open source all-in-one business software, has closed a $90 million minority investment
Odoo, a leader in open source all-in-one business software, announced today that it has closed a $90 million minority investment led by global growth equity investor Summit Partners, with participation from Odoo’s executive management team and existing investor SRIW and its affiliate Noshaq. New investor Summit Partners joins management and current shareholders, including SRIW, … [Read more...] about Odoo, a leader in open source all-in-one business software, has closed a $90 million minority investment