6 years ago

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

  • Sorted Group, a Manchester, UK-based global delivery software business, has raised £15 million in Series B funding

  • The round was led by Merian Chrysalis Investment Company Limited, with participation from Praetura Ventures and NVM Private Equity

  • The company plans to use the funds to accelerate its technology development, international expansion, and increase its workforce

  • Sorted provides a SaaS delivery management platform that helps both physical and digital retailers optimize their delivery and returns process, boosting conversion rates and customer loyalty

  • The company's software is now live in 12 countries, including the US, France, and Germany

  • They work with leading companies such as ASOS, Lush, N Brown, Wincanton, and Clipper Logistics.

      • ProblemTechnology

      "Retailers struggle to effectively manage delivery and returns, leading to low conversion rates, abandoned shopping carts and unhappy customers."

      Solution

      "Sorted provides a SaaS delivery management platform that helps retailers offer real-time delivery options at checkout, manage carrier and shipping, and track deliveries using AI-driven technology, ultimately improving the customer experience and increasing sales."

      Covered on