Moteefe raises $11 million in funding round with participation from existing investors
E-commerce platform Moteefe has raised $11 million during their latest funding round.
The round was led by GBF with participation from existing investors, including Gresham House Ventures and Force Over Mass Capital.
Moteefe, a platform for on-demand merchandise production, will use the funding to continue scaling and to meet the demand for customised products from their customers.
The platform was launch in 2016 and provides an ‘end-to-end’ technology solution for entrepreneurs, influencers and micro to large retailers wanting to design, create and sell customised products.
“Retailers of all sizes have total flexibility: they can use the Moteefe platform either as a fully integrated end to end service, or just pick and choose the parts they need,” says Moteefe. “And as Moteefe is white-labeled, the retailer owns the customer relationship and can use the data to drive repeat sales.”
Moteefe has more than 5,000 retailers currently using the platform.