Bold Commerce, the ecommerce technology company that powers anywhere commerce for the world’s leading omnichannel retailers and emerging DTC brands, today announced the close of its $27 million USD ($35 million CAD) Series B funding round. The round was led by OMERS Ventures, a transatlantic fund that specializes in growth-oriented and disruptive technology companies, and whose Partner Laura Lenz will join Bold Commerce’s Board of Directors. Current Bold Commerce investors Whitecap Venture Partners and Round 13 Capital also invested in the round. The new investment brings Bold Commerce’s total equity funding to $44 million USD ($57 million CAD) in two years.
Funding to Power Transactions Anywhere That Shoppers Interact with Brands
As retail brands reimagine the experiences they want to offer their shoppers–not only across their retail channels, but throughout their everyday digital interactions–brands’ ambitions are outpacing what their technology stack can deliver.
Bold Commerce currently works with more than 90,000 brands in over 170 countries. Its modular suite of checkout, subscriptions and price rules solutions extend ecommerce platform capabilities for leading omnichannel retailers like Vera Bradley, Harry Rosen, Staples Canada, as well as emerging DTC brands, such as Pharell Williams’ Humanrace and Pepsi’s Game Fuel.
With the funding, Bold Commerce advances its ability to cater to brands’ growing demand for “headless” commerce giving brands the ability to create almost any transaction experience imaginable. Bold Commerce believes within 6 months, it’s platform-agnostic solution will enable commerce to any touchpoint along the customer journey.