a year ago

Purple Dot Raises €9.2 Million to Revolutionize E-commerce with Pre-Order Platform

  • Purple Dot, a London-based e-commerce pre-order and waitlist platform, has raised €9.2 million in Series A funding led by OpenOcean

  • The investment will enable Purple Dot to expand its reach to more brands and revolutionize the way e-commerce operates

  • Purple Dot's solution addresses the issue of unsold inventory by empowering brands to sell products before they arrive at the warehouse, reducing inventory risk and maximizing revenue potential

  • The company believes that the next 10 years of e-commerce innovation will happen before stock arrives at the warehouse.

      • ProblemTechnology

      "countless products go unsold each year, leading to unsustainable business practices and significant waste"

      Solution

      "empowering brands to sell earlier, allowing them to take control of their sales timelines and maximize revenue potential"

      Covered on