8 years ago

Moteefe Raises £1.75 Million to Expand Social Commerce Platform

  • Moteefe, a social commerce platform based in London, has raised £1.75 million in a Seed+ funding round

  • The funding was led by Charles Songhurst, Livingbridge, Force Over Mass Capital, Fuel Ventures, and Ascension Ventures

  • The company plans to use the funds for expansion into Europe and other markets, to release new technical features and a wider product offering, and to increase marketing resources

  • Moteefe allows users to instantly create custom clothing and merchandise to sell online and via social media

  • With millions of sales in 2016, the platform has seen a significant portion of its sellers hit the £50K mark within six months

  • The company is currently used extensively in Europe and Asia.

      • ProblemTechnology

      "Making it easy for entrepreneurs to sell custom clothing and merchandise via social media without the need to purchase stock in advance."

      Solution

      "Moteefe provides a social commerce platform where users can upload designs, choose products, and set retail prices to sell their creations online and via social media, leveraging targeted social media advertising."

      Covered on