UK – Patchworks, a London, UK-based software company helping e-commerce businesses automate and manage data flows across IT systems, raised £1.75M in follow-on funding, in the form of a convertible loan note.
The round, which brought the total amount to £10.5M, saw participation from Gresham House Ventures.The company intends to use the funds to expand operations and its business reach. Led by CEO Jim Herbert, Patchworks provides software that connects key e-commerce systems including shopfront, ERP, CRM and warehouse management, enabling businesses to streamline the integration of their technology stack. Its platform as a service (iPaaS) connects key e-commerce systems, including shop front, ERP, CRM and warehouse management, allowing businesses to simplify the integration of their technology stack.Founded in 2014, the company now boasts more than 200 dynamic e-commerce customers – including Huel, Gymshark, Lounge Underwear, Castore, Cox & Cox and Simba Sleep.08/01/2024
