Shopgate Receives Seven Digit Venture Capital Financing from Creathor Venture

Funding Rounds

▤ Summary

Shopgate GmbH, a Butzbach (Hessen), Germany-based provider of mobile shopping solutions for mail order and retail business, has received a “seven digit” venture capital financing from Creathor Venture.The company intends to use the funds to expand sales and marketing efforts and expand internationally.Co-founded in 2009 by co-CEOs Ortwin Kartmann and Andrea Anderheggen, Shopgate provides mail order and retail businesses with mobile shopping solutions designed to deliver their offers on smartphones.The solution includes mobile-optimized websites and native shopping Apps for iPhone, iPad, Android and Windows Mobile.The company is already working with over 200 retailers and eCommerce companies, including Baby Walz, Libri, Fritz Berger, Gourmondo, Cyberport, Hess Natur, Snipes, ClickandBuy and sofortueberweisung.de.

$ Funding

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Amount - Total raised
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Date August 16, 2011 Announcement date
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Investors Shopgate, Creathor Ventures Lead investors
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Company - Funded company

▥ Classifications

industries
Fintech & Banking
applications
E-Commerce & Retail

◇ AskAI Classifications

Labels
E-commerce Software Mobile Shopping Apps Omnichannel Retail Software

▦ Linked Companies

Shopgate GmbH
$10M to $25M