Brightpearl secures £25m Series C funding led by Sage to expand its retail platform
Sage led the £25m Series C round with a £17m investment and a new commercial partnership.
Brightpearl provides a digital operations platform that automates back office processes for global retailers and wholesalers. The system integrates financial management, inventory, and order fulfilment to support e-commerce growth.
Brightpearl has secured £25m in a Series C funding round led by Sage, which contributed £17m alongside a strategic partnership. Existing backers including Cipio Partners, Notion Capital and Verdane provided the remaining £8m. The capital will be deployed to expand the company platform, drive product innovation, and grow its international team.
The investment coincides with a surge in demand for digital retail infrastructure as merchants adapt to changing market conditions. Brightpearl automates core operations such as order management and inventory control, helping online merchants scale their digital presence across the UK and the US.
From the founder
"We are delighted to build this new relationship with Sage to further support our retail customers and accelerate the strong presence that Sage and Brightpearl have in the UK and US. Brightpearl’s solution brings significant benefits by automating retail processes so global merchants can save time and deliver outstanding and rapid end-to-end customer experiences. This investment will allow us to expand the platform and provide even better service, increase our product innovation and our fabulous team globally."
Derek O’Carroll
CEO at Brightpearl
Investor perspective
"As retail businesses from across the globe recover from the impact of Covid-19, trading online has gone from being a ‘nice-to-have’ to a ‘must-have’ for retailers. Digitising back office operations is a critical step towards transitioning to online commerce – and through investing in high growth, cloud solutions like Brightpearl, we are committed to supporting our customers to not only make that switch quickly and easily, but to also grow and compete"
Lee Perkins
Chief Operations Officer, Sage
Use of funds
- 01Continue product development
- 02Grow the team
- 03Expand into international markets
Investors
Categories
About the company
Brightpearl
Brightpearl operates a digital operations platform for retail and wholesale businesses.