Designed to allow budding entrepreneurs to set up an eCommerce store in minutes, the platform connects sellers and suppliers through its marketplace.
It provides a full suite of eCommerce tools including a store builder, product management, hosting, order management and payment.
Mercarto’s first-year revenues have been driven by a series of multi-million-pound contracts to white label its eCommerce marketplace engine for global corporations.
“The tech stack and the features we’ve built are not available anywhere else, so they’re attracting major corporations who want to white label our platform to sell their products through,” said founder and CEO Sean Brown.
Following a beta launch in 2018, the full Mercarto public platform is set to launch this summer.
Mercarto’s eCommerce tools work for retailers, brands, buying groups and multi-channel marketing companies.