Shopblocks secures £500k from GMCA and DSW Angels to fund international expansion.
The e-commerce platform secured backing from GMCA, DSW Angels, and management to accelerate global growth.
Shopblocks provides a no code ecommerce platform designed for medium and large businesses with complex pricing structures and supply chains. The Stockport based company helps clients build tailored online stores and manage digital ecosystems.
Shopblocks has raised £500k in a new funding round backed by the Greater Manchester Combined Authority, DSW Angels, and members of its management team. The company will direct the capital towards scaling its UK operations and pushing into international markets, including the US.
Founded in 2015 and based in Stockport, the business provides an e-commerce platform offering custom-built aesthetics without template restrictions. The latest investment follows a previous £350k injection from DSW Angels last year and underpins plans to expand its headcount significantly.
From the founder
"Shopblocks offers much greater flexibility than other platforms which rely on standard templates. Our technology allows users to achieve a 'custom-built' look at a fraction of the cost. As more people discover the benefits, we are continuing to win customers from the bigger platforms. This latest funding round will support us in our mission to become the leading website platform in the UK and build our presence worldwide."
Kevin Jones
CEO at Shopblocks
Investor perspective
"Shopblocks' success lies in its unique technology. We recognised its potential with our initial investment last year, and the company has since made rapid progress and started to make a real impact in the market. We are delighted to welcome GMIF in this latest funding round, which will help propel its further growth."
David Smith
founding partner, DSW Angels
Use of funds
- 01Expand into international markets
- 02Grow the team
Investors
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About the company
Shopblocks
Shopblocks builds a no code ecommerce platform for businesses with complex pricing and supply chains.