UK delivery services provider Sorted raises $18 mln in financing

08/17/2019 7:06:00 PM (GMT)

UK delivery software platform Sorted Group has received 15 million pounds ($18 million) in Series B equity financing.

Merian Chrysalis Investment Co. Ltd. conducted the new funding, which was joined by Praetura Ventures and NVM Private Equity.

Sorted Group intends to use the net proceeds from the round to accelerate its technology development and international expansion, as well as increase the number of employees.

With the latest funding round, the company has so far raised a total of $46 million in financing since its interception.

Sorted Group

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