2 years ago

Shopblocks Secures £1.5 Million to Boost Ecommerce Platform

  • Shopblocks, a UK-based provider of an ecommerce platform, raised over £1.5 million in funding

  • The round, which brought the total amount to over £3.5 million, included NPIF – Mercia Equity Finance, Mercia’s EIS funds, and Greater Manchester Combined Authority (GMCA)

  • The company intends to use the funds to further enhance its platform and attract more large B2B-focused clients

  • Shopblocks provides an ecommerce platform that enables companies to create a complete ecommerce ecosystem, with multiple linked accounts and different stores for different brands or locations, and create ‘white label’ sites for their resellers and dealers

  • Its ‘no code’ platform offers a series of building blocks that can be rapidly assembled to create a complete website

  • It is aimed at medium and large companies with complex pricing models or supply chains such as wholesalers, IT resellers or businesses offering bespoke products

  • The company, which employs 35 staff, now has over 2,000 customers including Toshiba, Daisy Telecom and Tower Housewares, and annual recurring revenue of over £1M, in addition to project fees.

      • ProblemTechnology

      "complicated ecommerce experience for medium and large companies"

      Solution

      "a no-code ecommerce platform with a series of building blocks allowing customers to rapidly assemble a complete website"

      Covered on