3 years ago

The Mothership Raises £16.7 Million to Expand Ecommerce Network

  • The Mothership, a London-based ecommerce company, has secured £16.7 million in funding from a series of private entrepreneur investors

  • The company acquires independent ecommerce firms and sellers on online marketplaces such as Amazon and brings them onto its platform, creating a large network of online sales to boost the reach of independent digital merchants

  • The new funding will allow The Mothership to pursue further acquisitions as it builds its network of stores

  • The investment comes from Glenn Elliott, founder of Reward Gateway and now part of Tenzing Private Equity; Jonathan Quin, founder of payments business World First; Adrian Thompson, CEO of Aspen Pumps; Simon Morrish, founder of Ground Control and Giles Palmer, founder of BrandWatch.

      • ProblemTechnology

      "Independent ecommerce businesses struggle to compete with larger brands due to limited resources and reach."

      Solution

      "The Mothership acquires and centralizes independent ecommerce brands, providing them with the infrastructure, marketing, and scale needed to compete effectively."

      Covered on