Funding

[Funding alert] UK-based Pimberly Secures £4Million in Funding

Feb 27, 2024 | By Team SR

UK-based Pimberly secures £4million in funding. The round featured participation from Northern Venture Capital Trusts and NPIF – Mercia Equity Finance, bringing the total amount to £14M.

UK-based Pimberly secures £4million in funding. The round featured participation from Northern Venture Capital Trusts and NPIF – Mercia Equity Finance, bringing the total amount to £14M.

The company plans to utilise the money to improve its platform, grow its business in the US, and penetrate the European market even further.

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Pimberly, under the direction of CEO Martin Balaam, offers a platform that assists producers, distributors, brands, and retailers in managing the digital assets and data needed to develop, promote, and sell their goods.

It provides access to current, correct information by bringing together product specs and digital assets, like photos, videos, papers, and 3D, in one location. Numerous companies use it, such as Harvey Nichols, Cotton Traders, JD Sports, Footasylum, and Monsoon.

Martin Balaam said: “The leading e-commerce businesses now sell on multiple marketplaces around the world, which means they have to list their products on numerous different sites and in different languages. Our product helps them to enrich their product information with more relevant data, images, videos and 3D visuals and improve the customer’s shopping experience.”

About Pimberly

Pimberly area of passion is product data. They give their clients the tools they need to develop incredible product experiences that boost sales. The platform for all of your digital assets and product data is called Pimberly.

Read also - Paris-based Bolero Secures €2 Million in Seed Funding

a single, central location from which you can generate that essential golden record for all product details. Have complete faith in the precision and calibre of your product data to guarantee that your clients are consistently receiving the greatest experience.

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