A听platform connecting brands and retailers听has raised 拢21 million funding to expand into new听geographies.听
eStoreMedia’s听digital shelf automation technology is used by听Fortune 500 brands.听
The bootstrapped听company鈥檚听first fundraise听comes听from听Kennet Partners and Digital+ Partners,听which听have significant experience in building听fast-growth听SaaS and B2B businesses.听听
eStoreMedia听plans to bolster its听board of听directors with leading industry experts to support and drive the company鈥檚 international growth strategy as it looks to expand into the US market and accelerate in existing markets such as the UK, Mexico, Poland, and the DACH region.听
eStoreMedia听uses the knowledge of branding experts combined with tech engineers to develop solutions which change the way brands and their eCommerce retail听partners听work together.听听
It creates seamless platforms, such as听its听eStoreCheck听monitoring platform, for integrated analytics, e-content automation, and shopper research for ultimately better brand positioning and consequently sales.听听
It has a global footprint with over 1,000 e-retailers and hundreds of global brands.听
Bartosz听Kielbinski, founder and CEO,听eStoreMedia, said: 鈥淲e are extremely excited about the opportunities our new investment will bring. We plan to accelerate our vision of creating the most complete Digital Shelf Automation platform for brands, revolutionising how they manage their eCommerce retail partners.听听
鈥淲e recognise the value of our people and the expertise we have from a branding perspective which makes us unique when it comes to developing technology which makes a difference.听听
鈥淭his new investment is exciting for our global teams as we can make even more great ideas come to life.鈥�听
Hillel Zidel, Managing Director, Kennet Partners, said: 鈥渆StoreMedia听is a great example of the type of bootstrapped B2B SaaS company that we love to invest in.听听
鈥淲e see huge potential in the business: they are revolutionising how brands manage e-commerce and have ambitious plans for tech development which will retain their industry leading offering.听听
鈥淲e look forward to working with the team as they embark on the next stage of growth.鈥�听
Dirk听Schmuecking, Partner at Digital+ Partners,听said: 鈥淲e have been thoroughly impressed by听eStoreMedia鈥檚听accomplishments to date and look forward to supporting the team鈥檚 growth strategy to become the category leader for digital shelf analytics.听听
鈥淲ith the new financing,听eStoreMedia听is well-positioned to accelerate product roadmap opportunities, attract further top talent and scale up the go-to-market organisation globally.鈥�听