Scalefast Raises $22M Series B Round to Lead Future of Direct-to-Consumer eCommerce
Summary
“In reality, most brands are massively under-performing in a direct-to-consumer capacity,” said Fabrice Grinda, Founding Partner of FJLabs, “Building, operating and scaling their own channel simply can’t be solved by the software that is currently out there. Scalefast has built a unique business-as-a-service approach which, combined with its robust and flexible SaaS-based technology, allows brands to quickly scale a fully-functional DTC channel and expand abroad without risk. Our goal is to support them through their next phase of growth as they continue to build upon their one-of-a-kind model.” “Scalefast is executing on their ultimate vision of bringing speed, flexibility and agility to enterprise eCommerce,” said Keith Nilsson, Managing Partner of Xplorer Capital. “By delivering the only comprehensive and flexible solution for brands looking to sell directly and scale globally in just a matter of weeks, Scalefast is leading the charge of challenging the status quo in DTC eCommerce and we couldn’t be more excited to be a part of it.” In addition to the financing, Nilsson will be joining Scalefast’s board effective immediately. Our portfolio companies drive advancements in AI, robotics, and automation to improve industries such as logistics, manufacturing, agriculture, sustainability, and corporate productivity.