🚀 MarketLeap Raises $8M
On February 12, 2025, MarketLeap announced an $8 million Series A funding round. Smedvig Ventures led the round, with Expon Capital and Motier Ventures participating. Business angels, including former Amazon, SoftBank, and Unilever executives, also invested. This funding aims to accelerate platform development and team expansion.
🤖 AI-Driven Ecommerce Solutions
Founded in 2022 by ex-Amazon and Jumia executives Mamoun Benkirane and Mekki Mouaddeb, MarketLeap offers an AI-powered platform for D2C brands. The platform simplifies marketplace operations, integrating with third-party logistics, compliance experts, and finance partners. This enables brands to scale globally with ease.
📈 Impressive Growth Metrics
Since its $2.6 million seed funding, MarketLeap has enhanced features like inventory management and pricing through automation. By the end of 2024, the company reported a 340% year-over-year increase in customer numbers. The team expanded to 13 members, with plans to add eight more, including two ex-Amazon leaders in VP roles.
🌐 US Expansion Plans
With the new funding, MarketLeap plans to enhance AI-driven automation and real-time analytics. The company will strengthen its US presence, assisting American brands in navigating the complexities of selling to European customers. New offices in Madrid and New York City will support this growth.
How will MarketLeap's AI-driven platform impact D2C brands' global expansion?
