Slerp raises $10m in seed and Series A funding led by Eight Roads Ventures and Jigsaw VC to drive European expansion.
The funding round was led by Eight Roads Ventures and Jigsaw VC to support platform development and international expansion.
Slerp operates an e-commerce platform that enables hospitality brands to sell direct to customers through websites and social channels. The company provides customisable online ordering solutions and related digital services.
Slerp has raised $10m in funding through consecutive seed and Series A rounds this year. The financing was led by Eight Roads Ventures and Jigsaw VC, with participation from TrueSight Ventures, Aldea Ventures, and angel investors including Rumi Verjee. The company will use the capital to expand its platform and team as it prepares for international growth across Europe.
The business has experienced significant growth over the past year, capitalising on the rising demand for home dining and direct delivery solutions within the hospitality sector. Slerp offers an alternative to traditional marketplace aggregators by charging lower commission and giving operators greater control over their customer data and brand identity.
Investor perspective
"Slerp has enabled hospitality businesses who have been hard hit during the pandemic to launch an online offering quickly and to continue serving customers through successive lockdowns. As the economy re-opens, these businesses have an established new business line which will strengthen them for the long-term and allow them to reach a much broader customer base. We have been very impressed by the rapid growth that Slerp has achieved over the last year. We are thrilled to partner with JP and the team as Slerp looks to power hospitality ecommerce across Europe."
Davor Hebel
Head of Eight Roads Ventures Europe, Eight Roads Ventures
Use of funds
- 01Continue product development
- 02Grow the team
- 03Expand into international markets