eCommerce Fundraising News
Carted raises $10M Series A to integrate commerce deeper into content
It’s an interesting idea and almost the evolution of what WooCommerce was supposed to do. Let’s weave commerce into any content experience you can.
Shopistry gets funded - yet another eCommerce player without a head?
I thought the best way to get funding was to add “ship” to your name. Perhaps I was wrong. “Headless” is apparently the word you’re looking for. Seriously though, it looks like Shopistry is a data connector play plus a CMS. Is it it’s own eCom platform? Not certain. It connects to Shopify and others.
Kickfurther combines Kickstarter and Inventory Financing
I dunno about this one. Your guess is as good as mine!
Cross-border logistics firm FlavorCloud raises Series A
While I’ve personally seen cross-border decreasing on client’s radars in the past few years based on trade tensions and the strength of the dollar, cross-border startups continue to raise money at a good clip.
Weav raises $4.3M to become Plaid for B2B fintech
Impressive amount of traction for a young startup. It wants to be the connectivity layer between the eCom platform and all sorts of interesting B2B payment scenarios, so that as a merchant you don’t need to build these custom.
Fraud-fighter Sift raises $50M to tackle eCommerce crime worldwide
$50M at a $1B+ valuation is extremely unusual in this world. The headline says they want to acquire companies which means this is just a cash-flow raise. Strong positive signal.
Candex the “Venmo for business” raises $20M Series A
The company is designed to streamline B2B payments to suppliers. Competitive space but payments is always hot.
Chain.io raises $5M to connect accelerate connection of the digital supply chain
I think this idea could have legs. Every 3PL and participant in the supply chain ecosystem needs a connectivity solution.
Cart.com closes $25M Series A Funding to continue focusing on mid-market
What’s significant about these guys is they are rolling up smaller players that no one has ever heard of. Which means to me they could be significant in particular in the B2B space.
Marketplacer takes funding from Salesforce Ventures and cements its integration
Australian-based Marketplacer recently took on additional capital from Salesforce Ventures and at the same time cemented its integration to Salesforce Commerce Cloud. Two birds, one stone as they say?
Signifiyd raises an additional $205m to continue to battle payment complexity
While this is a crowded space, I would look for them in the IPO markets (perhaps SPAC) in the next two years tops.
Mercato raises $26M to become the Shopify for grocery
The nimble, smaller grocers I think will be fine. It’s the mid-sized grocers that I think will be squeezed from the top and bottom.
Retail analytics firm Trax raises $640M to recognize shelf items
There will be a lot of uses for this technology. We could almost not invest enough here.
Shipment tracking and repeat purchases get a boost with $5M Malomo funding
Looks like they have painted a bullseye on the back of Narvar.
Facebook-backed Meesho raises $300M at a $1B+ valuation
Meesho is one of the leaders selling on social media apps like Whatsapp
ProductsUp, a German product data integration company raises $20M
The integration space is heating up. Sounds like the lower-middle market answer to Salsify.
Headless eCommerce platform Swell raises $3.4M
How many headless eCommerce platforms can one market support?
Vue Storefront, a YC-based startup, wants to help you build your headless front-end…
I think this does fill a gap in the headless platform market — most people are focused on the back-end.
Chord, headless eCommerce software startup, pivots and raises $18M
How many headless eCommerce startups does one world need? Asking for a friend…
Nuvemshop Raised $90M In Bid To Become Shopify of LATAM
In LATAM, it looks like VTEX will take the high-end and Nuvemshop is going after the low-end…