What is Scalefast?
Founded in 2014 and headquartered in El Segundo, California, with additional offices in Madrid and Paris, Scalefast leverages a combination of Artificial Intelligence and deep eCommerce expertise to simplify online sales operations for brands. The platform is built to cater to the complex needs of global lifestyle companies, enabling them to manage their digital storefronts efficiently and effectively. This strategic positioning in the rapidly evolving eCommerce landscape underscores the company's commitment to innovation and scalability.
How much funding has Scalefast raised?
Scalefast has raised a total of $30M across 2 funding rounds:
Series A
$8M
Series B
$22M
Series A (2018): $8M with participation from BGV
Series B (2020): $22M led by Stereo Capital, Crédit Mutuel Equity, Xplorer Capital, Adara Ventures, FJ Labs, and Benhamou Global Ventures
Key Investors in Scalefast
Stereo Capital
Stereo Capital is focused on partnering with entrepreneurs to drive growth and efficiency within their businesses, emphasizing rapid experimentation and data-driven decision-making. They aim to understand deeply the businesses they invest in and support high-performing entrepreneurs.
Xplorer Capital
Xplorer Capital invests in talented entrepreneurs and disruptive technologies that aim to transform traditional industries globally, supporting its portfolio through its experience and network across Seed, Series A, and Series B rounds.
FJ Labs
FJ Labs specializes in angel investing at a venture scale, focusing on marketplaces and network effect businesses, and has backed numerous successful companies. They seek visionary founders who demonstrate passion, grit, and the ability to execute their vision.
What's next for Scalefast?
The recent major strategic investment signals a pivotal growth phase for Scalefast. This capital infusion is expected to fuel further development of its AI-driven platform, enhance its global reach, and potentially expand its service offerings to support an even broader range of lifestyle brands. The company's trajectory suggests a focus on solidifying its market leadership and exploring new avenues for digital commerce innovation, positioning it for sustained expansion in the competitive online retail sector.
See full Scalefast company page