Gooten Raises $11M in Series A Funding

Gooten

Gooten, a New York-based provider of order management technology for on-demand manufacturing, raised $11M in Series A funding.

The round was led by KEC Ventures, with participation from INX International, Tech Pioneers Fund, and other existing investors. As part of the round, Will Geigerof Touchdown Ventures will join Gooten as a board observer on behalf of INX International.

The company intends to use the funds to expand its international capabilities, adding new fulfillment partnerships in strategic markets like Korea, Japan, India, Latin America, Brazil, and Western Europe.

Led by Brian Rainey, CEO, and Maddy Alcala, President, Gooten is a provider of an order management system to empower on-demand production on a global, enterprise scale. Currently powering over 10,000 businesses, its enterprise-grade OMS technology offers companies with customizable business rules, and is supported by Gooten’s Global Managed Fulfillment Network, with over 90 manufacturing facilities globally. 

The company’s cloud native technology has already served a diverse range of customers, including Fortune 100 retailers, global creator and merchandising platforms, and independent brands.

Along with accelerating customer growth, Gooten expects to expand its international capabilities, adding new fulfillment partnerships in strategic markets like Korea, Japan, India, Latin America, Brazil, and Western Europe. The company will also enhance its suite of technology tools and services, an offering that enables businesses to streamline their order management operations and tap into the immense potential of on-demand manufacturing.

FinSMEs

05/07/2023