12 years ago
WorldStores Secures $15 Million to Fuel Growth in Home and Garden Market
WorldStores, a UK-based online retailer of home and garden products, has raised $15 million in a Series C funding round led by Serena Capital
Existing investors Balderton Capital and Advent Venture Partners also participated in the round
The funding will be used to expand the company's supplier network and product range, which now exceeds 500,000 lines
WorldStores' sales grew by 50% last year and the company is targeting $115 million in sales in 2013.
ProblemRetail
"Limited product range and choice for customers in the home and garden market"
Solution
"WorldStores is a leading online retailer that offers a vast range of products for the home and garden, with over 500,000 lines to choose from, providing customers with a broad selection and convenient delivery options"