What does Cloud Retail do?
Cloud Retail is a provider of a modular e-commerce software platform designed for mid-sized and scaling retail businesses. Their platform unifies fragmented tools by offering conversion-optimized checkout flows, intelligent order management, warehouse orchestration, delivery control, and embedded business intelligence.
How much did they raise?
The company secured $3M in a Seed round led by Somersault Ventures, with participation from Pre-Seed to Succeed, AltaIR Capital, Yellow Rocks, Smart Partnership Capital, I2BF Venture Capital, AddVenture, and business angels.
What are their plans for the money?
Cloud Retail intends to use the funds to further develop and expand its operational retail management ecosystem, aiming to provide a seamless customer journey from checkout to delivery and overcome the limitations of traditional plug-and-play systems.
What have they achieved so far?
The company has already established a comprehensive product ecosystem that streamlines the e-commerce experience for retail businesses, positioning them well for further growth.
