Sorted announces Series C round and Clicksit acquisition
Sorted, a UK-based startup that specialises in software for online checkouts, warehouses and shipping, has closed a $40 million Series C funding round and acquired Clicksit, an automated returns company.
Financial terms of the deal were not disclosed.
Carmen Carey, CEO at Sorted, comments: “Our acquisition of Clicksit marks an important milestone in the company’s rapid expansion journey.”
“Returns is, now more than ever, a crucial step in the e-commerce customer journey, and we are excited to power returns innovation as part of our full delivery experience platform.”
She adds: “With such experiences being the sole privilege of large enterprises for many years, this next stage in Sorted’s evolution is set to provide the SMB market with industry leading delivery and returns experience capabilities for the very first time.”
“We’re looking forward to driving the company’s growth, enabling a unified delivery and returns experience for all customers, and marking an acceleration into serving the US retail landscape.”
Thomas Hill, CEO at Clicksit, says: “The acquisition has come at a pivotal moment for the retail industry. Customers are now expecting – and demanding – faultless delivery and returns experiences as standard, regardless of whether they order from a large multinational brand or a small business.”
“Sorted’s acquisition of Clicksit will empower retailers and brands to provide industry leading customer experiences at a time when the trading environment is more competitive than ever.”