Australian startup Shopfront bagged new pre-seed funding for sustainable e-commerce selling push.
E-commerce startup Shopfront has raised $800,000 in pre-seed funding. The round was led by Antler, Co-Ventures, Sendle’s James and Geraldine Chin-Moody’s 5H Values Capital, and Jam Pad Investments.
The Brisbane-based company says that it allows ecommerce sellers to drop, generate and list products in seconds. It is building automation tools for secondhand, damaged, returned, sample and other one off products across a variety of retail sectors.
In a LinkedIn post, Nate Spiteri, Co-founder and CEO, said, “I’ve been so pumped to share this news for a few weeks now, but the cat’s out the bag and I couldn’t be more excited that Shopfront has raised its second round of $800k. But that’s not the best part – we also managed to bring on some amazing new investors who have already provided more insight, direction and motivation than we could’ve imagined.”
He added, “There are so many more people to thank for this latest milestone, we appreciate anyone who’s had a conversation with us and helped us get here, it’s a great community. We’ve got a tonne in store for this year, especially as we move from a lean team of two to four with the creative support of Max Spencer (Advisor Brand & Product) and welcoming again Sara Arrowsmith (Senior Community & Marketing Manager) who’s one week in and making waves) and gear up for a nationwide launch, so stay tuned.”
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