Global E-Commerce Company Scalefast Raises $22M in Series B Funding Round!

: June 30, 2020

Global E-Commerce Company Scalefast Raises $22M in Series B Funding Round!

 

 

EL SEGUNDO, CALIFORNIA:

 

Scalefast is a global eCommerce solution that builds and manages brand’s global eCommerce channels for a simple share of revenue, hedging brand’s time, cost and risk of developing in-house. The company simplifies eCommerce for inspirational brands to make their store the best place to shop online.

 

The company raised $22M in a Series B funding round. The investment was led by Xplorer Capital, Stereo Capital and FJ Labs, with participation from existing investors Benhamou Global Ventures, Crédit Mutuel Equity and Adara Ventures. The new round brings the total amount raised by Scalefast to $32M. 

 

Scalefast is changing the way brands do direct-to-consumer eCommerce, by empowering them to regain the control and simplicity they need to create an exceptional shopping experience, directly from their online storefront. By joining forces through the Scalefast Commerce Cloud, brands can deliver localized and personalized direct-to-consumer shopping experiences while leveraging the volume and data of an entire brand ecosystem.

 

Scalefast offers robust, full-featured eCommerce to serve high-volume stores and brands looking for a highly scalable solution that is feature rich with impeccable performance. Scalefast combines an industry-leading platform with the expertise to back it, as well as experience scaling some of the world’s strongest industry leaders.

 

Scalefast works as a critical teammate with their clients to integrate new business process, service orders, manage promotions, customize new features and set course for future growth. The company's commerce technology seamlessly migrates and manages client’s product catalogs, as well as handles order processing, global payment, fraud prevention, tax management and fulfillment of digital and physical goods.

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