Earlier this week, Krepling, an e-commerce channel management platform, announced that it has raised $3 million in venture capital.A 3 million seed round was raised and a fully centralized universal builder was launched, providing merchants with a consolidated set of tools and services to foster a more personalized customer experience.. Among the investors participating in this round are LAUNCH, Brickyard, Front Porch Ventures, 11 Tribes Ventures, Colabora Ventures, and Broadshade Investments.. The funding will be used to expand the Krepling team in a number of departments and enhance the capability of simplifying the integration of e-commerce without the need for outside agencies or developers to be involved.
The funding will be used to expand the Krepling team in a number of departments and enhance the capability of simplifying the integration of e-commerce without the need for outside agencies or developers to be involved.
As the retail e-commerce industry is expected to reach $8 billion by the year 2020.Considering that online sales will reach $1 trillion by 2026, merchants are focusing on updating and integrating their workflows, such as shipping solutions and inventory management systems, in order to offer a seamless shopping experience to consumers.. A data bottleneck can occur, however, when basic business operations and powerful automation platforms fail to communicate across different e-commerce platforms, resulting in merchants not being able to efficiently grow their businesses.. It is Krepling's mission to solve this issue for hundreds of mid-market merchants by granting them control over their channel management systems and e-commerce tech stacks. Using the company's new centralized universal builder, merchants now have the ability to handle their operation all in one place, eliminating the need for disparate platforms and offering enhanced data capabilities to capture customer data without the need to write any code.
Using the company's new centralized universal builder, merchants now have the ability to handle their operation all in one place, eliminating the need for disparate platforms and offering enhanced data capabilities to capture customer data without the need to write any code.
In this era of ever-growing marketplace options for consumers and technological advancements, brands should use tools that will enable them to maintain their business growth and ensure they don't fall behind," said Liam Gerada, CEO and co-founder of Krepling.. As a result of our work, we are addressing one of the most critical challenges in today's e-commerce sector and we are pivotal in providing a comprehensive toolkit that supports the modern mid-market merchant looking to build a business. As a result of this funding, we will be able to continue strengthening our distinctive edge in the market, and we will be able to empower merchants to navigate the e-commerce landscape with unparalleled ease and efficiency.
As a result of this funding, we will be able to continue strengthening our distinctive edge in the market, and we will be able to empower merchants to navigate the e-commerce landscape with unparalleled ease and efficiency.
Krepling will primarily use the funds to hire new sales leads, managers, and developers to expand its team, with a primary focus on expanding Krepling's team. In addition to nurturing an employee-centric work environment, the company harnesses the many benefits of hybrid-remote working. It's expected that Krepling will nearly double its value by the end of the year, so new hires will help the company accelerate productivity and streamline the intuitive dashboard that helps brands refine the shopping experience for their clients. 
According to Jason Calacanis, CEO, founder, and managing partner of LAUNCH, Krepling's solution eliminates the countless hours spent on connecting all of the different business processes necessary for a seamless ecommerce experience.. Having gone through Launch Accelerators' 23rd cohort, Krepling has experienced good growth since then, allowing us to consistently invest in the company.".Due to their background as e-commerce merchants themselves, Liam and his team are uniquely positioned to build a powerful, forward-thinking platform for merchants that is as powerful as it is innovative
Due to their background as e-commerce merchants themselves, Liam and his team are uniquely positioned to build a powerful, forward-thinking platform for merchants that is as powerful as it is innovative
Providing merchants with the opportunity to expand and enhance their e-commerce stacks, integrations with other channels and integrations with other channels without prior coding experience, Krepling has helped merchants in over 80 countries. Krepling plans to launch new features in the coming months to continue providing users with unique capabilities to maintain access and control over their workflows, such as Hash Pies, Giorgio's, and Forestals.
Visit our website at www.krepling.com to learn more about Krepling and how we can help you.
A little more about Krepling Krepling is a e-commerce enablement platform for mid-market merchants who wish to have more control over their technology stack. Through its no-code platform, which enables growing merchants and retailers to build and scale their e-commerce operations, it is able to provide merchants with a unified, expansive, and highly digitized e-commerce experience.
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Source prnewswire