[Funding alert] Custom Products Platform Bizay Secures € 18 Million in Series C2 Round Funding
Dec 23, 2023 | By Team SR
Bizay, a custom products platform, secures € 18 million in funding for its series C2 round. One of the biggest sectors in the global economy is the customising sector. But it's dispersed and primarily offline. Iberis and Lince joined Indico Capital Partners in leading the financing.
Bizay is a global operating and supply chain system for product customisation that enables the world's largest catalogue of custom items, with the goal of digitising this heritage industry valued at over $850 billion annually.
Customers can get help developing personalised items using Bizay's platform, including garments, merchandising, packaging, and any other product that has a brand or idea embedded in it.
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Bizay’s CGO, José Salgado, stated: “We have come a long way. We have built software and platforms that have proven results. We are happy that Indico and other investors back our ambition for a global footprint.”
Stephan Morais, Managing General Partner at Indico Capital Partners, shared: “Bizay currently has a scale and reach that is unparalleled in the customised products industry, namely in supply chain partnerships and agreements in Europe and South America. We believe this can be replicated in the US market, and we are backing the team again to execute that expansion.”
About Bizay
The goal of BIZAY, a provider of marketing services and products, is to help small and medium-sized businesses (SMEs) communicate more effectively by altering the way they create and carry out their marketing strategies.
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