London-based e-commerce software provider Shop Circle announced that it has raised $120M (~ €111.6M) in a Series A round of funding.
The round was led by 645 Ventures and 3VC, and joined by previous investors QED Investors and NfX. The i80 Group provided a credit facility for the funding, which was secured through a strategic blend of equity and debt.
Luca Cartechini, CEO and co-founder of Shop Circle says, “We’re thrilled to announce the successful close of our Series A funding round, which will enable us to continue building and expanding our suite of e-commerce tools.”
“Our vision has always been to create a comprehensive operating system for e-commerce brands, providing them with the necessary technology to excel in today’s competitive market,” he adds.