The Series A round was led by Plural with backing from Project A and Prologis Ventures.
"We realised that today's delivery networks are stuck in the past, built for an era of brick-and-mortar stores, not the explosion of online shopping and social commerce we see today. This outdated model costs retailers billions in lost sales and prevents e-commerce from reaching its full potential."
GC Angels led the pre-seed round alongside One Planet Capital and angel investors to help CRESS expand its uniform platform.
"We are joining sustainability with affordability, supporting schools to sell pre-loved uniforms through an online, customer-friendly platform. Our model helps parents save money, supports schools with vital funding, and reduces waste and carbon emissions – all whilst making sure no perfectly good uniform item goes to waste. By encouraging donations of pre-loved uniforms, we’re not only helping families, but we’re also reducing the environmental impact of school clothing waste. The UK sends thousands of school uniform items to landfill or incineration every year, but with CRESS, we can decrease this waste, provide children with books and plant trees all in one go. We’re so passionate about making a difference, and we’re really grateful to Ranvir and GC Angels for their support. By introducing us to the likes of GMCA and Carma, along with their financial investment, GC Angels is helping to propel CRESS into our next stage of growth. This will mean we can support even more schools across not only Greater Manchester, but also country wide."
The funding round was backed by Mercia Ventures alongside regional funds and private investors to support global market expansion.
"With Symphony Commerce, we’re empowering our clients to outpace their competition with agility and precision, ensuring they remain leaders in their industries. This investment allows us to scale faster, expand our team, and deliver a superior customer experience."