eStorebrands secures £21.1m from Kennet Partners and Digital+ Partners to expand digital shelf technology.
Kennet Partners and Digital+ Partners have provided the company's first external capital to fund international expansion and product development.
eStorebrands provides digital shelf software and automation technology to Fortune 500 brands. The company supplies solutions that assist organisations with integrated analytics and e-content management.
eStorebrands has secured £21.1m in its first external funding round from Kennet Partners and Digital+ Partners. The capital will be directed towards advancing the firm's digital shelf automation technology and supporting geographical expansion.
The business counts numerous Fortune 500 companies among its clients and operates across a global footprint. The investment will enable the team to scale its presence in markets such as the United States, the United Kingdom, Mexico, Poland, and the DACH region.
Both incoming investors bring extensive experience in scaling business-to-business software enterprises. The transaction marks the first time external capital has been introduced to the firm since its inception.
From the founder
"We are extremely excited about the opportunities our new investment will bring. We plan to accelerate our vision of creating the most complete Digital Shelf Automation platform for brands, revolutionizing how they manage their e-commerce retail partners. We recognise the value of our people and the expertise we have from a branding perspective which makes us unique when it comes to developing technology which makes a difference. This new investment is exciting for our global teams as we can make even more great ideas come to life."
Bartosz Kielbinski
CEO at eStorebrands
Use of funds
- 01Continue product development
- 02Expand into international markets
