Case Study: BrightPearl

Total amount raised for this investment round.

Raised

Total amount of investors for this investment round.

Investors

Average amount invested for this investment round (Including external investments).

Funded

In December 2015, VentureFounders successfully supported the £3.3 million fundraise for Brightpearl alongside existing institutional shareholders Notion Capital, Eden Ventures and MMC Ventures.

With Brightpearl’s SaaS software, retailers can manage core aspects of their business by combining orders, inventory, customer data, accounting, sales channels and reporting into a single, reliable retail management system.

Brighpearl’s goal is to build a $1bn valuation SaaS company, which is focused on helping SMB retailers succeed. 

Brightpearl was raising additional growth capital to expand in the US market and the build products to meet the needs of the larger merchants. 

www.brightpearl.com

KEY INVESTMENT HIGHLIGHTS

  • Feature rich, competitive product in an under served segment

  • Opportunity to lead in a fragmented marketplace with no dominant player

  • Traction in the US, which is over 10x the size of the UK market

  • Supportive institutional shareholders and potential exit routes