Marketplace as a Service startup Shopery raises €1.2M

- October 10, 2018

Barcelona-based Marketplace as a Service (MaaS) startup Shopery raises €1.2 million through Antai Venture Builder and K Fund.

Shopery continues to flow and expand its business. The company that grew under Antai Venture Builder, has closed a new financing round of €1.2 million with the support of Antai and Madrid’s K Fund.

Read More: Spanish startup studio Antai ups its game with €25 million investment fund

Launched in 2015, Shopery provides retailers, brands and corporations with a MaaS technology as a new source of digital revenue.

Its solution enables the launch of a scalable and flexible digital sales channel, incorporating the catalogue of products and services of external companies such as suppliers and distributors.

marketplace as a service shopery

Franc Vidal

“We believe that online businesses are the opportunity for small and medium businesses to start selling online,” said Franc Vidal, Co-Founder and CEO of Shopery, via El Referente.

More than 112,000 small businesses in Spain do not sell online. The figures skyrocket if it is Europe and Latin America. The situation is the result of three factors: the lack of knowledge of computer management, maintenance time and budget constraints.

Therefore, with the aim of helping small and medium enterprises, Shopery Barcelona has launched SaaS (Software as a Service) as a solution to the creation and management of electronic stores.

Having a wider offer, a marketplace attracts high traffic generating more sales and allowing its client to monetize through commissions on sales, and through monthly quotas to the sellers of the marketplace.

The company is responsible for making it easy to “reduce time, budget and the knowledge required for small businesses, adapting to their digital development,” according to Vidal.

Shopery offers a “turnkey” solution to create a marketplace in a matter of minutes. The company assembles the online platform and is responsible for its maintenance. Daily management and marketing is in the hands of the client. Therefore, the initial investment is very low compared to other companies.

Electronic businesses can sign up for Shopery and start using the software for their stores. The firm is currently working to get public, business associations, as well as value-added partners to help attract more business.

In order to expand Shopery and continue with the development of the product, it has closed a round of financing of €1.2 million. Investors such as Antai Ventura Builder and K Fund stand out.

Shopery is a company in Barcelona that wanted to democratize the world of e-commerce, so that any person or small business that wants to sell online, can do so.

Therefore, it has created an easy to use tool with which, without having any prior knowledge, users can create their own online store in a country.

Tim Hinchliffe

Tim Hinchliffe the editor in chief at Novobrief. Previously, he was a reporter for The Ghanaian Chronicle in West Africa, and Colombia Reports in South America. Principal at Espacio.