2 years ago
Huboo Secures £29 Million in Funding Round Led by HSBC and Blackrock
Huboo, a Bristol-based ecommerce fulfilment company, has raised £29 million in an equity and debt funding round led by HSBC and Blackrock
The company's platform integrates with sales channels and marketplaces to outsource the fulfilment of products
Huboo works with small merchants and SMEs as well as large-scale multinational sales brands with warehouses across Europe
The latest cash injection brings the total amount raised by the South West firm to £122 million.
ProblemTechnology
"Small and medium-sized ecommerce businesses struggle with the complexity and cost of fulfilling orders across multiple sales channels."
Solution
"Huboo provides a fully outsourced ecommerce fulfilment platform that integrates with various sales channels and marketplaces, simplifying order fulfilment and reducing costs for businesses of all sizes."