Global ecommerce platform secures £1m funding led by London VC
A venture capital fund has raised £1m on behalf of an ecommerce platform which helps online brands to expand globally.
Techsembly, a multi-store, multi-vendor eCommerce SaaS solution, launched its funding round led by Superseed Ventures, which invests in B2B software companies alongside other private investors.
The funds will now be used to further Techsembly’s marketing and sales efforts in the UK, Europe and Asian markets in order to grow its client base, enabling it to scale its technology and build self-serve solutions.
With its users having seen an increase of up to 70 per cent in overseas sales by localising their sites, Techsembly is designed to support businesses who want to scale cross-borders, while remaining relevant and appealing to local markets.
By creating targeted and localised eCommerce storefronts, Techsembly allows businesses to scale globally via one interface using multi-language tools, in-depth personalisation, multi base currencies, unique fulfilment solutions and multiple payment gateways.
The company has already onboarded ‘significant’ clients including Curate Beauty, Scots of the World, The Peninsula Hotels and Anglo-American fashion platform Not Just a Label, who alone have over 40k independent fashion designers under them.
Techsembly CEO and co-founder Amy Read said: “Our ambition is to empower brands to build a truly impactful localisation strategy from the start, not as an afterthought.
“We want to encourage greater appreciation and knowledge of the cultural differences and similarities across the world, so brands can better connect with local audiences and compete with local incumbents.”
Mads Jensen, managing partner at SuperSeed said: “The opportunity to scale is huge. Amy and the Techsembly team have already built a best in class solution, and have demonstrated that they can deliver real value to their users. This is just the beginning.”
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