TheNextLevel secures pre-seed investment led by DSW Ventures to advance product development.
DSW Ventures has led a pre-seed round into Manchester-based mobile commerce innovator TheNextLevel.
TheNextLevel is a Manchester-based technology company pioneering community commerce for online brands. Its platform enables digital storefronts to cultivate engaged audiences independently of major tech platforms.
TheNextLevel has secured a pre-seed investment led by DSW Ventures, with participation from Richard Hong. The fresh capital will be directed towards product development and expanding the platform's footprint. Alongside the funding, Elizabeth Gooch has joined the board as chair.
From the founder
"DSW Ventures' investment process was instrumental in helping us refine our commercial strategy. Their experience and guidance have been invaluable, and we're thrilled to have them and Elizabeth on board as we look to grow our team and set a firm foundation for scalable growth. Our partnership with Offlane and Oscar Piastri is fantastic validation of our platform and the potential that Community Commerce holds for brands to build meaningful connections with their audiences."
Paul Rawlings
CEO at TheNextLevel
Investor perspective
"TheNextLevel is on a journey to transform the e-commerce market, and we are confident that the platform can reshape brands' relationships with their customers. Having a rising star like Oscar Piastri is testament to Paul and Ionut's vision of Community Commerce: empowering online brands to own and control the relationship with their own customers outside of social media. We're particularly proud to support a business from the dynamic Manchester tech scene, a key focus for DSW Ventures."
Keith Benson
founding partner, DSW Ventures
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
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About the company
TheNextLevel
TheNextLevel provides a platform that enables online brands to build vibrant communities next to their mobile storefronts.