Based out of London, eStoreMedia provides an e-commerce automation suite that helps Fortune 500 Brands accelerate online sales.
Recently, the company raised $30 million (approx £21.1 million) in its first fundraise through investment by Kennet Partners and Digital+ Partners.
The company will use the funding to accelerate its digital shelf automation suite for brands and expansion into new markets.
In addition to the funding, the UK company plans to bolster its Board of Directors with industry experts to drive the company’s international growth strategy as it looks to expand into the US market.
Expand global e-commerce opportunity
eStoreMedia aims to expand the global e-commerce opportunity for brands and consumers, by reducing complexity, and setting new standards in automation, research, content management, and collaboration technologies.
The company offers five integrated products that fit within a unified e-Commerce Perfect Store Framework – eStoreCheck, eStoreJourney, eShopper Review Analysis, eStoreContent, and AMZ Navigator.
eStoreMedia uses the knowledge of branding experts combined with tech engineers to develop solutions that change the way brands, and their e-commerce retail partners, work together. The company has a global footprint with over 1000 e-retailers and hundreds of global brands.
Bartosz Kielbinski, founder and CEO, eStoreMedia, said: “We 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, revolutionizing how they manage their e-commerce retail partners. We 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 that makes a difference. This new investment is exciting for our global teams as we can make even more great ideas come to life.”
Hillel Zidel, Managing Director, Kennet Partners, said: “eStoreMedia is a great example of the type of bootstrapped B2B SaaS company that we love to invest in. We see huge potential in the business: they are revolutionising how brands manage e-commerce and have ambitious plans for tech development that will retain their industry-leading offering. We look forward to working with the team as they embark on the next stage of growth.”
Dirk Schmuecking, Partner at Digital+ Partners said: “We have been thoroughly impressed by eStoreMedia’s accomplishments to date and look forward to supporting the team’s growth strategy to become the category leader for digital shelf analytics. With the new financing, eStoreMedia is well-positioned to accelerate product roadmap opportunities, attract further top talent and scale up the go-to-market organization globally.”