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UK-based SaaS startup Pimberly secures £4M to boost e-commerce sales

PRIVATEFeb 26, 2024

Amount Raised

£4 Million

Round Type

Funding Round

Software Development

Investors

MerciaNPIF – Mercia Equity Finance

Description

Pimberly just raised £4 million from NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund (NPIF), and Mercia’s own funds. The latest funding round brings the total raised to date to over £14 million. This funding will enable Pimberly to enhance its platform, expand its US operation, and make further inroads into the European market. Furthermore, Pimberly expects to create around 20 new jobs in the UK in the next two years, as well as grow its team across the US and Canada.

Quick answer

Pimberly raised £4 Million in a Funding Round round, dated February 26, 2024. Investors: Mercia and NPIF – Mercia Equity Finance.

How much did Pimberly raise?
Pimberly raised £4 Million in a Funding Round round on February 26, 2024.
Who invested in Pimberly?
Mercia and NPIF – Mercia Equity Finance are named as investors in this round.
What does Pimberly do?
Led by CEO Martin Balaam, Pimberly’s platform helps manufacturers, distributors, brands and retailers to manage the data and digital assets required to create, market and sell their products.
Who are the decision-makers at Pimberly?
Fundz holds 1 contact at Pimberly. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software Development around the same time

Companies in the same sectors as Pimberly that raised within 45 days of this round, from Fundz verified event records.

  • Kevel raised $23M (Series C) on March 7, 2024.
  • Synadia Communications raised $25M (Series B) on February 28, 2024.
  • EigenLabs raised $100M (Series B) on February 23, 2024.
  • Serverpod raised $1.8M (Seed) on February 23, 2024.
  • Xergy raised $3.9M (Series A) on February 23, 2024.
  • Kusho raised $600K (Pre-Seed) on February 22, 2024.

Who to call at Pimberly, and when

A new round usually means Pimberly is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Pimberly

About

Led by CEO Martin Balaam, Pimberly’s platform helps manufacturers, distributors, brands and retailers to manage the data and digital assets required to create, market and sell their products. It brings product specifications and digital assets such as images, video, documents and 3D all together in one place, providing access to up-to-date accurate information.

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Related People

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