Atterley secures £3m investment as Q1 sales leap by 200%
Atterley, the online marketplace for fashion independents, has completed a £3m funding round with Maven Capital Partners and has revealed a Q1 sales leap of 200%.
The investment, which also includes commitments from Scottish Enterprise and existing shareholders will allow Atterley to execute its planned growth strategy with a key focus on developing its international footprint, particularly in the US.
Existing investors in the platform, which was founded by entrepreneur Mike Welch in 2016, include Sir Terry Leahy the former CEO of Tesco and Graeme Bissett the former Chairman at Blackcircles.com, a trailblazing e-commerce marketplace for the tyre industry also founded by Welch.
Atterley has grown to house 250 independent retailers from across the UK, Europe and US, and has around 3,000 brands. It ships both men’s and womenswear to 94 countries.
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