2 years ago

Ex-Amazon Exec's Ecommerce Platform Threecolts Secures £75.4 Million

  • London-based ecommerce platform Threecolts has raised a total of £75.4 million in funding since its founding in 2021

  • The startup, founded by former Amazon EMEA partner lead Yoda Yee, offers management software for ecommerce brands and merchants using Amazon's sales channels

  • The funding includes a Series A round, a pre-Series A investment, and debt investments

  • Investors include Crossbeam Venture Partners, General Global Capital, Stratos, and CoVenture

  • Threecolts will use the funding to continue developing its platform and expand its customer base.

      • ProblemTechnology

      "Ecommerce sellers on Amazon struggle to trust Amazon's sales tools because Amazon has its own incentives to prioritize its own sales over third-party merchants."

      Solution

      "Threecolts provides sales channel management tools to sellers using Amazon, including data analytics, customer service integration, and automated 'smart repricing'."

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