There’s no doubt that online shopping is the future, as apparent by the pandemic’s circumstances that pushed for almost everything to go online. Additionally, a Statista report notes that one of the biggest e-commerce players, Amazon, generated about $80.5 billion in 2020. Making a dent in this big sector is the UK-based startup Boulevard, which calls itself an online marketplace “super seller.” It has now raised £2.2 million seed investment.
An aggressive expansion
Boulevard raised the latest funds from the early and growth-stage VC, Fuel Ventures. And with this, the startup plans an aggressive expansion while diversifying its product categories. Additionally, it will focus on refining and advancing its Eiger System, which is its proprietary platform that links its suppliers, product management and several other technologies.
Mark Pearson, Managing partner at Fuel Ventures comments, “It’s clear from Boulevard’s unique approach, the building of their own end-to-end supply chain software and their impressive growth that they know how to be the big sellers on these platforms and continually adapting with the times. The decision to invest in Boulevard was an easy one for us: it is set to become a serious player among the world’s fastest-growing marketplaces.”...