Shop Circle, a London, UK-based one-stop-shop software provider for e-commerce brands, raised $120M in Series A funding.
The round was led by 645 Ventures and 3VC, with participation from previous backers QED Investors and NfX, with the credit facility provided by i80 Group.
UPDATE: 23/10/2023: Primo Digital announced a $2m investment as a part (no additional) in the $120M round.
The company intends to use the funds to continue building and expanding its suite of e-commerce tools.
Led by Luca Cartechini, CEO, and Gian Maria Gramondi, COO, Shop Circle is a provider of e-commerce software to over 100,000 businesses worldwide to manage their operations and to achieve sustainable, continuous growth. In addition to its platform, the company has launched a data-driven tech stack consultation program. Leveraging AI and hyper personalized data-driven insights, the company aims to optimize brands’ tech stacks, reducing costs and increasing conversions to deliver exceptional customer experiences.
FinSMEs
06/09/2023