Creoate
Latest round
- Seed
Last raised
- Aug 2021
Total raised
- $4.9M
Investors
- 1
About Creoate
Founded in 2020 and headquartered in London, UK, Creoate Limited operates an online wholesale marketplace that connects independent retailers with over 6,500 vendors.Creoate operates as an online wholesale marketplace specifically designed for independent retailers and brands. The platform enables users to discover and source unique wholesale products from over 6,500 independent vendors, focusing on diverse categories such as homeware, fashion accessories, jewellery, stationery, gifts, food and beverages, and products for children and babies. This offering allows retailers to test products with no minimum order requirements, thereby addressing the need for flexibility in inventory management and product selection.Creoate generates revenue through a transaction-based model that connects retailers with independent brands in a B2B environment. When retailers make purchases through the platform, they benefit from features such as free global shipping on orders over GBP 300 and a Price Match Promise that guarantees the lowest prices available. The company also offers risk-free returns on unsold stock, allowing retailers to return unsold products within 60 days. This structure fosters a seamless purchasing experience for clients, enabling them to optimize their inventory management while minimizing financial risks. The company plans to expand its operations in Europe and grow its go-to-market teams to better serve independent retailers.
Who invested in Creoate
1 investor across 1 round
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Funding rounds
Seed
Aug 3, 2021
Amount
$4.9M
Investors
Questions about Creoate
Who invested in Creoate?
Creoate has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Creoate raised?
Creoate has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Creoate last raise money?
Creoate's most recent round on record is a Seed, in Aug 2021.
What does Creoate do?
Founded in 2020 and headquartered in London, UK, Creoate Limited operates an online wholesale marketplace that connects independent retailers with over 6,500 vendors.
Where is Creoate headquartered?
Creoate is headquartered in London, UK.
Which VCs invest in companies like Creoate?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back retail companies at Creoate's stage. Their profiles are linked below.
VCs backing retail startups at Seed
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