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Analytics E-Commerce Information Technology North America Retail Technology Supply Chain Management

Inventory optimization startup Flieber bags $12M, aims to help retailers avoid out-of-stock, overstock moments

– Flieber, a predictive inventory optimization platform, raised $12m in Series A funding.
– The round was led by GGV Capital and Monashees to bring the company’s total funding to $20m since CEO Fabricio Miranda co-founded Flieber in 2019 with CTO Jair Vercosa.
– The company plans to use the funding to continue developing its inventory optimization platform that uses analytics and machine learning to give multi-channel brands a leg up when it comes to determining what the ideal stock level would be across all of the sales channels and inventory locations.
– The company’s predictive platform puts users in the driver’s seat for sales, supply chain operations and inventory decisions so that they can keep up with the pace of sales so that they avoid having too much, or not enough, inventory.

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Apps E-Commerce Loyalty Programs Marketing Retail Technology Western Europe

Swapi Raises £860K in Pre-Seed Funding

– Swapi is a London UK-based brand e-wallet platform.
– The company raised £860K in Pre-Seed funding.
– Backers included private investors, a crowdfunding round as well as Trampoline Ventures.
– The company intends to use the funds to expand the team, launch with 100+ international brands on board and bring the app to market.

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E-Commerce E-Commerce Platforms Internet Retail Technology South Asia Video Chat Video Streaming

Swirl Raises $250K in Pre Seed Funding

– Swirl is a Vadodara, India-based Live Commerce SaaS platform.
– The company raised USD250k in pre-seed funding.
– Investors included Asheesh Khaneja – Ex WW Executive IBM, Siddarth Razdan – Founder Indianivesh FirstBridge Fund, Vineet Sharma – VP Brandscope (Dentsu), Nirmal Shah – Prism Advisory, Gaurav Agarwal – Freedom Financial Network, and others.
– The company intends to use the funds to grow in India, and optimize its platform.

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Advertising E-Commerce North America Retail Technology Software Video Chat

Immerss Raises $1.1M in Seed Financing

– Immerss is a Dallas, Texas-based live video ecommerce platform.
– The company raised $1.1m in seed funding.
– The round was led by Oak Stream Investors III, Ltd. and Muse Family Enterprises Ltd.
– The new investment will be aimed at accelerating the adoption of its solution, which enables online merchants to provide an in-person virtual shopping experience.

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E-Commerce E-Commerce Platforms Food and Beverage Grocery Online Portals Retail Technology Western Europe

Oddbox Receives £16M Investment from Burda

– Oddbox is a UK-based provider of a sustainable food waste reduction platform.
– The company received £16m primary and secondary investment from BurdaPrincipal Investments, the growth capital arm of media and tech company Hubert Burda Media.
– The new investment will be used to enhance the customer experience, expand its UK footprint and increase share options for employees.

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Analytics E-Commerce Fashion Marketplace North America Retail Retail Technology Software

Trove Raises $77.5M in Series D Funding

– Trove is a Brisbane CA-based branded recommerce company.
– Company raised $77.5M in Series D funding.
– The round was led by G2 Venture Partners with participation from Bank of Montreal, Capital One Ventures, Commerce Ventures and Wellington Management.
– The new investment will be used to expand its roster of brand partners, strengthen its technology and logistics infrastructure, enter the luxury vertical, and service a new customer audience in Europe.

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E-Commerce E-Commerce Platforms Latin America Retail Technology SaaS

Latin America E-Commerce Leader, Nuvemshop Raises $500 Million from Insight Partners and Tiger Global Management

– Nuvemshop, Latin America’s leading e-commerce platform, today announced that it has raised a $500m Series E round of funding.
– The round was co-led by Insight Partners and Tiger Global Management, with significant participation from Alkeon and Owl Rock.
– Other investors that joined the round included Sunley House Capital and VMG Partners, as well as existing investors Accel, Kaszek, Kevin Efrusy, Qualcomm Ventures LLC, and ThornTree Capital.
– This new round of financing values the company at $3.1b and brings Nuvemshop’s total funding in the last 10 months to more than $620m.

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Banking Enterprise Software Financial Services FinTech Mobile Mobile Payments North America Payments Productivity Tools Retail Technology Software

Branch Secures Over $540 Million to Accelerate Flexible Workforce Payments

– Branch, which helps businesses accelerate payments to empower working Americans, announced it has raised over $540m to fuel its momentum in delivering flexible workforce payments.
Addition led the closing of a $48m Series B funding round with participation from Drive Capital, Crosscut Ventures, Bonfire Ventures, Matchstick Ventures, and HR Tech Investments, a subsidiary of Recruit Holdings Co., Ltd., among other investors.
– The company has also secured $500m in purchased assets from funds managed by Neuberger Berman.
– With over 300% growth year over year, Branch will use the funding to deliver faster payments and inclusive financial services to W-2 and 1099 workforces through partnerships with employers, gig platforms, staffing companies, and other businesses.

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3D Technology Fashion Retail Technology Software Southeast Asia Virtualization

Browzwear Raises $35M in First Funding

– Browzwear from Singapore develops 3D digital solutions for the fashion industry.
– The company raised $35m in a first funding round.
– Growth equity firm Radian Capital made the investment.
– The company intends to use the funds to accelerate platform development and market expansion, as well as to add new talent across areas.

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B2B E-Commerce E-Commerce Platforms Fashion Information Services North America Retail Technology Virtual Reality Wholesale

ByondXR Raises $7M Seed Funding

– ByondXR from Tel Aviv develops a platform that creates virtual showrooms and stores for beauty, fashion and home decor brands using extended reality.
– The company raised $7M in seed funding.
– The round was led by Firstime and OurCrowd, with participation from angel investor Peter Chu, founder and former CEO of XR platform HTC.
– The new investment will be aimed at expanding customer success and research and development.

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Machine Learning North America Predictive Analytics Retail Technology Software

MakerSights Raises $25 Million Series B to Help Rebuild Profitability and Sustainability of Retail Industry

– MakerSights announced its $25m Series B investment led by new investors G2VP.
G2VP is a venture and growth investing firm focused on emerging technologies driving sustainable transformation across traditional industries.
– New funding will allow MakerSights to directly integrate its consumer analytics capabilities into the workflows of its brand partners, increasing the frequency and ease of consumer-informed decisions.
– In addition, the round will support key executive hires and global expansion across the company’s current Vancouver, San Francisco, Austin and London locations.

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3D Technology Business Intelligence Content Delivery Network Content Syndication North America Productivity Tools Retail Technology Software

BILT Raises $9M in Funding

– Bilt is a Grapevine TX-based company focused on 3D intelligence.
– The company raised $9M in funding.
– The round was led by Silverton Partners.
– The new investment will be used to increase sales & marketing and innovate the user experience.

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Computer Mobile Retail Technology SaaS Software Western Europe

YOOBIC Raises $50M Series C to Transform Workplace Experience for Frontline Employees

– YOOBIC, the all-in-one digital workplace for frontline teams, announced closing a $50M Series C funding round led by Highland Europe.
– Existing investors Felix Capital, Insight Partners, and a single family office advised by BNF Capital Limited also participated in the round.
– With $80M in total fundraising since inception, YOOBIC’s industry-leading all-in-one digital workplace is the first full-service software platform designed for frontline teams.
– Its scalable and user-friendly app gives retail associates, restaurant staff, fieldworkers, and all types of frontline employees a single centralized mobile hub to support their daily task management, deliver digital training, and enable seamless communication with peers, supervisors, and HQ.

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Artificial Intelligence Data Visualization Information Technology Internet Internet of Things North America Retail Technology Smart Home Software

Butlr Technologies Raises $7.9M in Seed Funding

– Butlr Technologies from Burlingam develops an anonymous, wireless and real-time people sensing platform.
– The company raised $7.9M in seed funding.
– The round was led by Hyperplane with participation from Founder Collective, Union Labs, 500 Startups, SOSV, E14 Fund, Tectonic Ventures, Scott Belsky, Chad Laurans and Sunny Vu.
– The new investment will be used to for continued market expansion and technology innovation.

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E-Commerce FinTech Mobile Payments Point of Sale Retail Technology Western Europe

KodyPay Raises US$3.25M in Funidng

– KodyPay is a London UK-based payment acceptance startup.
– The company raised US$3.25m in funding.
– New and existing investors included: KodyPay’s Chairman, Hank Uberoi (Former Executive Chairman/CEO, Earthport PLC), Paul Rippon (Co-Founder, Monzo Bank), Adam Knight (Chairman, CoinFloor and BeZero Carbon), Alok Sama (Former President & CFO, SoftBank Group International), IBM partner Cognition Foundry, and other seasoned industry executives.
– The company intends to use the funds to bring its services to venues across the UK and release new product features.

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North Africa and the Middle East Retail Technology Shopping

Shopic Raises Additional $10M in Equity Funding

– Tel Aviv, Israel – based retail AI solution provider Shopic raised $10m in equity funding.
– The round was led by Claridge Israel with participation from existing investors Entrée Capital, IBI Tech Fund, and Tal Capital.
– The company intends to use the new funds to accelerate commercial activities and expand its team.

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Art E-Commerce E-Commerce Platforms North America Retail Technology Social Assistance

ArtSugar Raises $500K in Seed Funidng

– ArtSugar is a New York-based company focused on art curation for the Instagram generation.
– The company raised $500K in seed funding.
– The round was made by Curate Capital.
– The company intends to use the funds to expand its product line, create immersive in-person experiences and grow the artist repertoire.

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E-Commerce Mobile North America Retail Retail Technology SaaS Shopping

NewStore Raises $45M in Series B-1 Funding

– NewStore is a Boston MA-based omnichannel store solution provider.
– Company raised $45M in Series B-1 funding.
– It is backed by General Catalyst, Activant Capital, and Salesforce Ventures.
– The funding will be used to accelerate commercial efforts, expand globally, speed up product development, and increase employee headcount.

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Consumer Goods CRM E-Commerce Fast-Moving North America Retail Technology SaaS

Repeat Raises $6 Million in Series A Financing to Help CPG Brands Turn One-Time Buyers Into Repeat Customers

Battery Ventures led a $6m Series A investment in Repeat, a headless ecommerce platform for consumer packaged goods brands.
– The round was joined by existing investors, including Harlem Capital and Mucker Capital.
– Repeat is helping brands to better serve their existing customers by making reordering everyday items easier.
– Repeat is used by brands like by Humankind, Jot, and Vegamour.
– Repeat’s headless technology allows brands to separate the front end of their ecommerce store (like their website design and presentation) from their back-end (like Shopify) to deliver faster, more flexible shopping experiences.
– Repeat’s email integration with Klaviyo, as well as automated SMS notifications and QR code support, allow brands to send returning customers to their Repeat carts instead of a brand’s category page or PDP.

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E-Commerce Mobile Mobile Apps North America Retail Retail Technology Software

Tulip Raises $28M in Series C Funding

– Tulip from Kitchener, ON, Canada raised $28m in Series C funding.
– The round was led by Arrowroot Capital, joined by BDC Capital and existing investors.
– The new investment will be used for future expansion including further plans to grow the sales and marketing team, accelerate road map development and increase global expansion.

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E-Commerce Marketplace North America Retail Retail Technology Wholesale

Faire Nearly Triples its Valuation to $7B With $260M Series F Funding Round Led by Sequoia

– Faire, the online wholesale marketplace connecting more than 200,000 retailers across North America and Europe with 20,000 brands from over 80 countries, announced the closing of $260 million in a Series F investment round led by Sequoia Capital.
– The funding, which includes all existing investors as well as new global investors Baillie Gifford and Wellington Management, values Faire at $7 billion, nearly tripling its previous valuation of $2.5 billion announced just over six months ago.
– This funding and vote of confidence from world-class investors comes just weeks after Faire’s expansion into Europe, which brings the platform’s powerful cross-border network effects to the $1 trillion European market.
– Across North America and Europe, independent retailers are doing more than twice the revenue of Walmart and Amazon combined.

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Analytics E-Commerce North America Retail Technology Software

Stackline Secures $130M Strategic Investment from TA Associates

– Stackline, a Seattle, WA-based technology company that builds subscription-based ecommerce tools for thousands of the largest consumer brands and retailers, received a $130m strategic investment from TA Associates.
– The investment follows a $50m investment from the Growth Equity team within Goldman Sachs Asset Management in November 2020.
– The company intends to use the funds to continue growing its product offerings and expanding its global presence.

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Computer Vision Machine Learning North America Retail Technology Software

Grabango Raises $39M in Series B Funding

– Grabango, a provider of checkout-free technology for existing grocery and convenience stores, raised $39m in Series B funding.
– The round was led by Commerce Ventures with participation from Founders Fund, Unilever Ventures, Honeywell Ventures, and WIND Ventures.
– The new investment will be used to expand the company’s development team.

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Advertising Computer E-Commerce E-Commerce Platforms North America Retail Technology SaaS Software

Paloma Closes $4M Seed Funding Round

– Paloma from NYC is a commerce platform turning Messenger into a sales channel.
– The company raised $4m in seed funding.
– The round was led by Laconia Capital Group, with participation from Philip Krim from Casper and David Heath from Bombas.
– The new investment will be used to expand operations and development efforts.

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Logistics North America Retail Technology Shipping Transportation

Profitable and growing, international shipping startup FlavorCloud raises $6.3M

– FlavorCloud, a Seattle startup that helps e-commerce companies ship products around the globe, raised $6.3m.
– The company’s software helps ease the exchange of goods between customers and retailers doing business across borders.
– FlavorCloud’s technology analyzes complex customs regulations and product codes.
– The idea is to streamline the online shipping process for direct-to-consumer retailers including Lumin, Tamara Mellon, TomboyX, Biossance, Kosas, Atoms, and HaloLife.
– FlavorCloud is profitable and has grown rapidly over the past year with the rise in e-commerce amid the pandemic.
– It recently inked a deal with Chinese payments giant LianLian Pay to serve Chinese merchants selling to U.S. customers via Amazon.

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Analytics Asia Computer Vision E-Commerce Image Recognition Information Services Information Technology Real Time Retail Technology SaaS

Trax Secures $640 Million Funding Round Led by SoftBank Vision Fund 2 and BlackRock to Transform Retail Through Digital Technologies

– Trax secured $640m in a Series E financing round.
– The round was led by Softbank Vision Fund 2 and technology-focused funds managed by existing investor BlackRock, Inc.
– New investors include OMERS, one of Canada’s largest defined benefit pension plans, and Sony Innovation Fund by IGV.
– Trax’s cloud platform is accelerating the digital transformation of consumer packaged goods (CPG) companies and grocery retailers by providing granular visibility of rapidly changing store conditions.
– Trax solutions enable users to make timely, data-driven decisions and implement immediate corrective actions.
– As a result, brands and retailers are accelerating growth, reducing costs, and driving awareness and purchase intent.
– Trax empowers its customers to provide the best shopping experiences imaginable.

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Cloud Data Services Content Syndication Data Integration Digital Marketing E-Commerce E-Commerce Platforms Europe Information Technology Marketing Marketing Automation Retail Technology SaaS Software

Productsup Closes $20M Funding Round

– Productsup from Berlin provides an ecommerce data integration solutions that allows brands and retailers to optimize and syndicate their product content to all digital marketing, shopping and business channels, such as Google, Amazon, Facebook, or Walmart.
– The company raised $20m in funding.
– The round was led by Nordwind Capital and venture debt providers Deutsche Handelsbank and KfW with participation from Moritz Zimmermann, co-founder of Hybris and partner at 42Cap, and the co-founders of Contorion, Richard Schwenke and Tobias Tschötsch.

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Delivery Service Logistics North America Retail Technology Same Day Delivery

PICKUP Raises $15M Series B Funding to Meet Demand for Omnichannel Delivery as a Service

– PICKUP, an enterprise-grade, last-mile delivery solution provider for leading retailers and commercial businesses, today announced it has closed $15M in a Series B funding round.
– The round was led by NewRoad Capital Partners with participation from existing investors TDF Ventures, Noro-Moseley Partners and Florida Funders. Additional investors in the round include Autotech Ventures and the New York Angels.
– Proceeds from the round will help PICKUP expand its geographic reach and scope of services, further accelerating PICKUP’s rapid growth.
– In response to increasing demands from leading retailers and commercial partners, PICKUP has expanded its fulfillment capabilities to meet its customers’ increasing expectations for fast, convenient delivery service.

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E-Commerce Europe Finance Leisure Retail Retail Technology Tourism Travel

Butter Closes £15.8M Funding Round

– Butter is a London, UK-based fintech platform creating a Buy Now Pay Later (BNPL) travel agency.
– Company raised £15.8m in funding.
– The round was led by BCI Finance, the credit arm of London based venture builder Blenheim Chalcot, as well as a number of other private angel investors.
– The new investment will be used to accelerate the rollout of Butter’s open-banking based BNPL shopping app.

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Asia FinTech Payments Retail Technology

Google backs one-year-old Indian startup DotPe in $27.5 million fundraise

Google‘s latest investment in India is a startup that is helping businesses come online.
– One-year-old DotPe, a Gurgaon-based startup, said on Friday it has raised $27.5 million in its Series A financing round.
– The round was led by PayU, with participation from existing investor Info Edge Ventures and Google.
– The young startup, now valued at about $90 million, helps brick and mortar stores sell to customers online and collect payments digitally.
– It’s a problem that scores of startups in India are solving today, but DotPe has some additional hooks. It helps merchants scan their inventories and quickly establish a log online.

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E-Commerce E-Commerce Platforms Information Technology Retail Technology SaaS South America

Nuvemshop Raises $90M in Series D Funding

– Nuvemshop from Sao Paulo, Brazil, raised $90m in Series D funding.
– The round was led by Accel with participation from ThornTree Capital and existing investors Kaszek, Qualcomm Ventures LLC, as well as e-commerce leaders including Mike Micucci (former CEO of Salesforce CommerceCloud), Mark Lavelle and Mark Lenhard (former CEO and SVP of Strategy at Magento, respectively), Jamie Sutton (former Head of Tech Partnerships at Shopify), Kevin McKeand (former Head of Strategic Partnerships at BigCommerce), and Minesh Shah (COO of Stitchfix).

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3D Technology Artificial Intelligence Computer Vision Machine Learning North America Retail Technology

3DLOOK Announces $6.5 Million Series A Round, Led by Almaz Capital

– 3DLOOK has seen significant recent growth, with revenue increasing by 5.6 times since April 2020.
– 3DLOOK counts more than 100 customers worldwide, including a uniform industry giant Fechheimer Brothers (a Berkshire Hathaway company) and Safariland, a leader in body armor.
– 3DLOOK is an augmented reality company that offers interactive 3D visualization of apparel and accessories.

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E-Commerce Europe Food and Beverage Retail Technology

Rohlik Raises €190M in Funding

– Rohlik Group, a Prague, Czech Republic-based online grocery business, raised €190m in funding.
– The round was led by Partech, joined by Index Ventures, with participation from EBRD, J&T Banka, Quadrille Capital, R2G and existing investor Enern.
– The company intends to use the funds to accelerate its expansion in its existing markets and launch in Germany and other international markets and continue to invest in technology and operating capabilities.

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Business Development Communications Infrastructure Information Technology North America Retail Retail Technology SaaS Software

Retail Zipline raises $30M as it helps retailers adapt to the pandemic

– Retail Zipline, a platform for communicating with retail associates, raised $30m in Series B funding.
– The round was led by real estate-focused firm Fifth Wall, with partner Dan Wenhold joining the board of directors.
Emergence Capital, Ridge Ventures, Hillsven Capital, Veeva co-founder Matt Wallach and the Fisher Family Fund also participated.

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CRM Data Integration E-Commerce North America Retail Technology

SoundCommerce raises $15 million for big data insights that help retailers compete with Amazon

– SoundCommerce, a platform that unifies retailers’ data from across multiple systems, has raised $15m in a series A round of funding led by Emergence Capital.
– SoundCommerce is pitched as an end-to-end data platform that helps retailers improve their marketing and operations by harnessing all their data from customers, sales and purchase orders, shipments, and inventory.
– It does this by plugging into third-party platforms, including Google Cloud, Snowflake, AWS, Azure, Tableau, Looker, Microsoft Power BI, and more through prebuilt integrations.
– Ultimately, SoundCommerce wants to give retailers of all sizes the kind of data intelligence available to the major ecommerce players — such as Amazon.
– SoundCommerce had previously raised around $6.5m.

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Artificial Intelligence Machine Learning North America Retail Retail Technology Shopping

Standard Raises $150M in Funding

– Standard Cognition is a San Francisco, CA-based provider of an autonomous checkout solution that can be installed in retailers’ existing stores.
– Company raised $150m in Series C funding.
– The round was led by SoftBank Vision Fund 2 with participation from existing investors CRV, EQT Ventures, and TI Platform Management; and new investors SK Networks and others.
– The new investment will be used to expand operations and business reach.

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Document Management North America Retail Technology Task Management

Foko Retail Raises $3M in Funding

– Foko Retail is a Gatineu, Quebec, Canada-based leader in the retail communication and task management software space.
– The company raised $3m in funding.
– The round was led by BDC Capital, as well as Canada Economic Development for Quebec Regions (CED), local economic development agency ID Gatineau, and current shareholders.
– The new capital will be used to expand the company’s penetration in international retail markets and further develop its current suite of products by enabling research and development.

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