Vue Storefront raises $20m
Vue Storefront has raised $20 million of equity with investors continuing to show confidence in the frontend technology startup as retail brands flock towards its leading composable commerce solution and fuel its rapid international expansion.
London-based Felix Capital, backer of digital lifestyle businesses — including European tech success stories Mirakl, Travelperk, Moonbug or Farfetch — leads the round with additional funds from Philippe Corrot, founder & CEO of Mirakl, and Nagi Letaifa, Head of Engineering at Mirakl. Julien Codorniou, who joined Felix Capital last year from Facebook, will join Vue Storefront’s board of directors. Existing investors Creandum, Earlybird and SquareOne, all stepped up meaningfully in the round, showing strong support for the company.
Vue Storefront has enjoyed a successful 18 months, during which it raised a $17.4 million Series A and increased its revenues more than 300%, despite challenging economic headwinds. The company scaled globally with over 100 people in 10 countries, support from over 130 industry partners, and a 19,000-strong developer community. Vue Storefront is now being used to power the online stores of over 2,200 retailers and merchants across the globe, including Orgill, Tally Weijl and Zenni.
