Moteefe Raises $11 Million through Series B Funding

 

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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