6 years ago

Sorted Secures £15 Million Series B Funding to Expand Global Delivery Platform

  • Sorted, a global delivery software business, has raised £15 million in a Series B funding round led by Merian Chrysalis Investment Company Limited, alongside Praetura Ventures and NVM Private Equity LLP

  • The investment takes the firm's total funding to more than £35 million since its launch in 2010

  • Sorted's delivery management platform helps retailers manage their delivery and returns proposition, increasing conversion rates, reducing abandoned baskets and increasing customer loyalty

  • The funding will be used to accelerate technology development, international expansion, and increase employee headcount.

      • ProblemTechnology

      "Retailers struggle to effectively manage deliveries and returns, leading to lost sales and unhappy customers."

      Solution

      "Sorted provides a delivery management platform that gives retailers greater control and flexibility over their delivery operations, improving customer satisfaction and boosting sales."

      Covered on