Wednesday, July 1, 2020

Scalefast Adds $22M For eCommerce Tools

Los Angeles-based Scalefast, a developer of direct-to-consumer, e-commerce software, has raised $22M in a Series B funding round. The funding came from Xplorer Capital, Stereo Capital, FJLabs, Benhamou Global Venture and Credit Mutuel Equity. According to Scalefast, it will use the new funding to expand its team, footprint, and product offering. Scalefast's software is specifically used by brands to scale direct-to-consumer sales. The company is led by CEO Nicolas Stehle. More information »