Arta, a New York-based fulfillment technology company, raised $11M in Series A funding.
The round was led by AXA Venture Partners, with participation from Corazon Capital, Coelius Capital, Pari Passu Venture Partners, and Mu Ventures.
The company intends to use the funds expand its technology platform, international coverage, compliance and insurance products, and integrations for businesses.
Led by CEO Adam Fields, Arta is designed to help merchants, marketplaces, and auction houses accelerate ecommerce by automating everything from shipping to tracking and insurance. Businesses like Sotheby’s, Bonhams, Outer, The Expert, and Joopiter partner with Arta to drive revenue, reduce operational costs, and improve customer experiences. Its platform services over 65 countries and counts over 500 service providers in its growing network of partners.
FinSMEs
13/10/2022