According to the reports, the e-commerce platform for
on-demand production of merchandise Moteefe
has raised $11 million through its Series B funding round.
Based in the UK, this firm was founded in 2014 and launched
in 2016. It is a site giving entrepreneurs, brands and influencers the
opportunity to create, market and sell personalised goods online. It has
offices in London, Lisbon and several other remote places around the world. The
e-commerce platform describes itself
as “a fast-paced, hard-working bunch – but a lot of fun, too” that manages all
the heavy lifting and contains the expertise needed to help merchants design
and promote successful products. They “ensure that nothing stands in the way of
a great idea”.
Media companies report has more than 5000 retailers of all
sizes use this site. Moreover, Moteefe offers flexible options. This means that
brands can use it as a fully integrated end to end service or they can just
“pick” the parts they need. Considering the growth in consumer demands, the
firm has to increase its production and expand its team. The money raised will
help to do just that. Moteefe
says that they have moved beyond their original goal to allow anyone to set an online
shop and sell globally.
Moteefe is expanding its platform
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