Retail logistics software provider Narvar has secured $30 million in a Series C funding round, raising a total of $64 million since its founding in 2012. This round was led by venture capital firm Accel with participation from Battery Ventures, Salesforce Ventures and Scale Venture Partners. In conjunction with the financing, Ryan Sweeney, partner at Accel, will join Narvar’s board.
“We recognized a huge opportunity for brands to deliver exceptional post-purchase customer engagement and have helped retailers realize this vision for more than 300 million people,” said Amit Sharma, Founder and CEO of Narvar in a statement. “We’ll use this new investment to continue developing leading products for our customers while investing heavily in international growth to support global brands.”
In the last 12 months, Narvar has doubled its revenue and employee headcount, deepened its executive bench and added more than 100 brands to its roster of customers. The company also has expanded its global footprint into APAC and EMEA, opening a London office and making its first leadership hires in Germany.
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The company currently works with more than 500 retailers globally, including Patagonia, Gap, Levi’s, TUMI, Sephora and Costco Wholesale.