Global e-commerce accelerator Spreetail secured $208M in VC funding.
McCarthy Capital provided the funding along with other investors. Spreetail intends to use the proceeds to further develop its technology and expand brand partnerships.
Spreetail offers full-service e-commerce solutions, supporting manufacturers in listing their items on retail platforms such as Amazon, eBay, Walmart, and Target.
- The firm reported $1B in revenue in 2021, at the same time when U.S. e-commerce sales hit $870B.
- The firm laid off 220 employees last October.
- Spreetail's fundraising coincides with the announcement of the company's acquisition of marketing business Buy Box Experts.
Spreetail's fundraising is the second-largest ever for a Lincoln, Nebraska-based company, behind only Monolith's $300M funding round from last year.
