Warehow Secures £2.1 Million in Series A Funding
Warehow, an innovative e-commerce fulfilment company based in Worksop, UK, has successfully secured £2.1 million in a Series A funding round. This significant financial infusion was spearheaded by the Midlands Engine Investment Fund II, with the expertise of its appointed fund manager, Mercia Ventures, playing a crucial role in making this deal possible. Additionally, the funding round received invaluable support from existing investor MENA Moonshots, demonstrating a collective confidence in Warehow's potential and growth trajectory.
Founded in 2021 by the dynamic team of Laurence Guy, Al Gerrie, and Pete Harris, Warehow specializes in providing a comprehensive fulfilment service that allows fashion and homeware retailers to seamlessly sell across various marketplaces, including renowned platforms such as eBay, Very, Next, and John Lewis.
The company operates from two state-of-the-art warehouses strategically located near Worksop, where items are expertly picked and packed before being shipped out by reliable third-party couriers. Furthermore, Warehow offers efficient returns processing, an essential service that enhances customer satisfaction and streamlines operations for retailers.
With a dedicated workforce of 70 employees, Warehow has established strong partnerships with prominent brands such as River Island, Hoover, True Religion, and Puma. The company has experienced remarkable growth, having doubled its revenue over the past year, a testament to its effective business model and the increasing demand for its services. As Warehow looks to the future, the newly acquired funds will be instrumental in expanding its operations and further developing its capabilities, enabling the company to solidify its position as a leader in the e-commerce fulfilment sector.
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