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Purple Dot

Purple Dot

Purple Dot operates a pre-commerce platform that enables brands to sell products before stock arrives at the warehouse.


Recent investments

Seed
£1.4M

Connect Ventures led the seed round for the fashion fintech startup.

"When shopping online today, customers can either pay the retail price or walk away. When they do walk away, the item goes through the discounting process, becomes unprofitable for the merchant and is resigned to landfill. This binary system isn’t working for anyone – the customer loses out on the item, because it may go out of stock in their size before they attempt to purchase it again, and the merchant loses the sale. Purple Dot tackles this problem head on by providing a new way to shop, taking on unsustainable, unrelenting consumerism, poor pricing tactics and profit-crunching sales at the same time."
— Madeline Parra, CEO and Co-Founder