Funding

Warehow Funding News – Warehow Secures £2 Million Series A Funding

Sep 3, 2024 | By Team SR

Warehow, which offers transparent and affordable multichannel eCommerce fulfilment for fashion and small home goods, has secured £2 million in series A funding round led by the Midlands Engine Investment Fund II through its appointed fund manager Mercia Ventures, with support from existing investor MENA Moonshots. 

Warehow, which offers transparent and affordable multichannel eCommerce fulfilment for fashion and small home goods, has secured £2 million in series A funding round led by the Midlands Engine Investment Fund II through its appointed fund manager Mercia Ventures, with support from existing investor MENA Moonshots. 

SUMMARY

  • Warehow specialises in helping expanding businesses scale with low complexity and competitive, transparent pricing
  • With Warehow, it stores, you sell, we ship.

With this recent investment, the company has raised approximately £3.75 million in total finance. It will allow Warehow to advance its technological advancements, add more storage to one of its current warehouses, and intensify its marketing and sales efforts.

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Co-founder and CEO, Pete Harris, commented: “This funding is a significant milestone for Warehow. It will enable us to accelerate our growth trajectory and execute our business plan more effectively. We’re excited about the opportunities and challenges ahead as we continue to scale.”

Warehow was initially formed out of necessity to offer fulfilment solutions as part of the We Are Pentagon group, a successful tech-led marketplace integrator and service provider.

Howard Mitchell of Mercia Ventures remarked: “Managing fulfilment across multiple sales channels is a complex task. Larger retailers are often focused on physical stores and their websites, while smaller businesses may lack essential infrastructure. Warehow’s efficient warehouse operations and innovative use of technology are key drivers of its success. This funding will enable the team to scale the business and meet the increasing demand.” 

About Warehow

founded in 2021 by Laurence Guy, Al Gerrie, and Pete Harris, Warehow was built with your business in mind. Warehow specialises in helping expanding businesses scale with low complexity and competitive, transparent pricing. From 50 orders a week to 1,000+ orders a day, Warehow has a package that suits your needs, and with an all-inclusive cost cheaper than most couriers retail parcel pricing.

Warehow integrates directly with 80+ marketplace channels and retailers. From Next and Asos to Amazon, eBay, and dozens of others, it manages your stock feed and marketplace or retailer orders imports to facilitate efficient and effective storage and fulfilment. With Warehow, it stores, you sell, we ship.

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