Decathlon Capital Partners backs 'cutting edge' SupplyKick

SupplyKick, the US startup behind a marketing and inventory management solution for brands selling on Amazon, has announced a seven-figure investment from Decathlon Capital Partners.

The cash will be used to support platform expansion, partner growth, enhance customer service and provide additional working capital. The company declined to reveal the exact amount of funding “due to investor preference”. However, a spokesperson noted that SupplyKick’s revenue was reported at $23.6 million in 2018, a three-year growth of 527%.

“We have a proven business model that’s ready to scale,” says CEO Josh Owens. “We’re ready to grow the platform across a wide variety of product categories and ramp up the business.”

“The team at SupplyKick knows how to use technology and data to drive online sales growth,” comments Decathlon’s John Borchers. “They’re on the cutting edge of the next stage in e-commerce. We are pleased to be part of their growth through this capital investment.”