The UK's delivery platform for retail companies Sorted Group has landed £15 million in a funding round led by Praetura Ventures and NVM Private Equity LLP. The capital injection brings the total amount raised by the company to £22 million.
Sorted has developed a software suite that includes the products called SortedHERO, SortedPRO, and SortedREACT. SortedHERO is the API solution displaying personalised delivery options to the customer, creating a dynamic checkout. SortedPRO is a delivery management solution that allows the integration with carrier and shipping software. SortedREACT is a delivery tracking platform for both customer care teams and customers.
Based in Manchester, Sorted employs more than 100 people and plans to add some 50 more over the next 12 months. The startup claims to have achieved a 400 percent growth in annual recurring revenue last year. The list of its clients includes Missguided, Footasylum, Feelunique, and Lush.