Sell.xyz raised €1.5 million from angel investor led by Aigars Kesenfelds.

Sell.xyz, a Riga, Latvia-based software startup building a marketplace connecting merchants with dropshipping and wholesale suppliers, announced raising a €1.5 million ($1.6M) angel investment round.

The money was raised from investors led by angel Aigars Kesenfelds.

Sell.xyz, founded in 2021 by CEO Reinis Vaivars, developed a B2B marketplace that's an one-stop ecommerce solution connecting the new generation of creators and merchants with dropshipping and wholesale suppliers. The platform is integrated with Shopify, WooCommerce and Wix, with BigCommerce, Instagram, and Etsy and is targeting existing e-commerce outlets that are already using print-on-demand services and looking to expand their product range, as well as influencers and creators looking to monetize their audiences.