Australian startup Shopfront bags $800,000 in pre-seed funding for sustainable e-commerce selling —
Summary
E-commerce startup Shopfront has raised $800,000 in pre-seed funding. The round was led by Antler, Co-Ventures, Sendles James and Geraldine Chin-Moodys 5H Values Capital, and Jam Pad Investments.The Brisbane-based company says that it allows e-commerce sellers to drop, generate and list products in seconds. It is building automation tools for secondhand, damaged, returned, sample and other one off products across a variety of retail sectors.In a LinkedIn post, Nate Spiteri, Co-founder and CEO, said: Ive been so pumped to share this news for a few weeks now, but the cats out the bag and I couldnt be more excited that Shopfront has raised its second round of $800k. But thats not the best part - we also managed to bring on some amazing new investors who have already provided more insight, direction and motivation than we couldve imagined.He added: There are so many more people to thank for this latest milestone, we appreciate anyone whos had a conversation with us and helped us get here, its a great community. Weve got a tonne in store for this year, especially as we move from a lean team of two to four with the creative support of Max Spencer (Advisor Brand & Product) and welcoming again Sara Arrowsmith (Senior Community & Marketing Manager) whos one week in and making waves) and gear up for a nationwide launch, so stay tuned.