# Markato

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/markato

- Industry: Internet
- Headquarters: Hong Kong, Hong Kong SAR - China
- Website: www.markato.com
- Total disclosed funding: $5M
- Latest round: Seed (Aug 29, 2023)
- Investors on record: 1

## About

Founded in 2023 by Brian Lo and Martin Li, and based in Sheung Wan, Hong Kong, Markato operates as an online marketplace that offers a range of consumer products from various brands and retailers. In August 2023, Markato raised USD 5 million in seed funding led by investor Lightspeed Venture Partners.



The firm offers both a business-to-business (B2B) and business-to-consumer (B2C) marketplace for retailers to buy and sell their products wholesale. The platform also features products from a range of independent brands, including ceramic brands, candle studios, jewelry, wellness, clothing, etc. The firm offers personalized product recommendations to users, buy-now-pay-later options, and payment infrastructure helps lower the price of cross-border e-commerce for SMB buyers and sellers by saving on foreign currency and other payment-related transaction costs. 



The company intends to use the August 2023 funding for business expansion and product development.

## Funding rounds

- Seed, Aug 29, 2023, $5M — Lightspeed Venture Partners

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed