Moteefe, a London, UK-based provider of a platform for creation and global fulfilment of on-demand merchandise, raised $5m in Series A funding.
The round, which brought total funding raised to date to $12.5m, was led by Gresham House and Force Over Mass Capital.
The company intends to use the funds to expand into new geographies including Australia and LATAM, launch new products for large retailers, and invest in scaling its operations.
Founded by Mathijs Eefting, Lev Kundin and Olivier Stapylton-Smith, Moteefe provides an end-to-end technology platform for entrepreneurs, influencers, and (micro) retailers wanting to design, create and sell customised products, such as printed t-shirts or engraved jewellery. Brands use the platform to design new products and publish these in real-time to a white-labelled Moteefe store, or their own platform, for sale within minutes.
The company serves 2,500+ micro-retailers and entrepreneurs via a network of 15 production and fulfilment partners across Europe, USA, and Brazil.
Moteefe has offices in London, Lisbon and Hanoi.
FinSMEs
07/02/2020