Moteefe raises $5M Series A from Gresham House and Force Over Mass Capital
Moteefe, a London, UK-based operator of an e-commerce platform for on-demand production of merchandise, announced that it raised $5 million in Series A funding.
The round was led by Gresham House and Force Over Mass Capital. Money will be used to expand into new geographies including Australia and LATAM. The company also plans to launch new products for large retailers and invest in scaling its operations.
Moteefe, launched in 2016 and led by CEO Mathijs Eefting, developed an “end-to-end” technology solution for entrepreneurs, influencers and (micro) retailers wanting to design, create and sell customised products, such as printed t-shirts or engraved jewellery. The platform enables brands to design merchandise and sell it via their own white-labelled Moteefe store or through their own site, app or other marketing channels.
Prior to this round, Moteefe raised $7.5M.