# Sorted Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sorted-group

- Industry: Software
- Headquarters: Manchester, UK
- Website: www.sorted.com
- Total disclosed funding: $77M
- Latest round: Series C (Dec 7, 2021)
- Investors on record: 6

## About

Sorted Group Limited is a Manchester-based technology company specializing in delivery management solutions that optimize carrier operations and enhance customer delivery experiences.Founded in 2010 in Manchester, UK, Sorted Group Limited focuses on providing advanced delivery management solutions. The company has executed 8 deals, with its most recent funding round being a VENTURE DEBT of GBP 3 million from Shard Credit Partners on September 22, 2022. The total amount raised to date is GBP 40 million. David Grimes is the founder, and Carmen Carey serves as CEO.Sorted offers a comprehensive Delivery Experience Platform designed to optimize carrier management and enhance customer delivery options. The platform enables businesses to aggregate shipment tracking data, facilitating proactive communication with customers and minimizing inquiries related to order status. Key features include integration with various shipping carriers, branded communication channels, and sophisticated parcel allocation functionalities. Sorted caters to a diverse clientele, including retailers and e-commerce businesses across the UK, Europe, and North America, aimed at improving customer loyalty and operational efficiency.In the most recent financial year, 2021, Sorted reported a revenue of GBP 6,104,222.60 with an EBITDA of GBP -7,948,220.80. The company's revenue model is subscription-based, allowing clients to access delivery management solutions through services like Sorted Ship and Sorted Track, designed to enhance customer satisfaction and reduce delivery management costs.Following the recent VENTURE DEBT funding of GBP 3 million secured on September 22, 2022, Sorted Group Limited plans to utilize this capital to support its expansion into the US market. The investment will facilitate the development of new products aimed at enhancing delivery management capabilities, contributing to the company's growth strategy.

## Funding rounds

- Series C, Dec 7, 2021, $40M — The Chrysalis Capital Group, Arete Capital Partners
- Series B, Aug 16, 2019, $18M — NVM Private Equity, Merian Global Investors (UK) Limited, Praetura Ventures
- Series A, May 31, 2019, $19M — NVM Private Equity, Praetura Capital

## Investors

- NVM Private Equity (https://capitalatlas.ai/funds/nvm-private-equity) — Series A, Series B
- Praetura Capital — Series A
- Merian Global Investors (UK) Limited — Series B
- Praetura Ventures — Series B
- The Chrysalis Capital Group — Series C
- Arete Capital Partners (https://capitalatlas.ai/funds/arete-capital-partners) — Series C