What is Mable?
Mable operates as a comprehensive wholesale marketplace, streamlining the process for retailers, brands, and distributors to buy and sell products. By providing a centralized platform, Mable aims to enhance efficiency, expand market reach, and foster stronger commercial relationships within the wholesale industry. The company's focus on digitizing traditional wholesale operations positions it as a key player in the evolution of retail and distribution technology.
How much funding has Mable raised?
Mable has raised a total of $11.6M across 2 funding rounds:
Angel/Seed
$3.1M
Series A
$8.5M
Angel/Seed (2019): $3.1M with participation from Accomplice, Laurent Amouyal, Venrock, James McCann, and Founder Collective
Series A (2020): $8.5M led by Founder Collective, Underscore VC, Accomplice, and Venrock companies
Key Investors in Mable
Accomplice
Accomplice is a venture capital firm based in Massachusetts, United States, that invests in technology startup companies, often focusing on early-stage ventures.
Founder Collective
Founder Collective is a venture capital fund specializing in seed and pre-seed investments, partnering with entrepreneurs from the idea stage through IPO and emphasizing capital efficiency and founder alignment.
Underscore VC
Underscore VC is a Boston-based venture capital firm that supports early-stage B2B software founders through a collaborative, open-source investing model, investing globally across various tech sectors.
What's next for Mable?
With its recent major strategic investment, Mable is poised for accelerated growth and market expansion. The substantial capital infusion is expected to fuel product development, enhance platform capabilities, and broaden its customer acquisition efforts. This funding round, following its Series A, indicates a maturing business model and a strong market validation, suggesting Mable will likely focus on scaling its operations, deepening its integration with existing partners, and potentially exploring new market verticals or geographical regions to solidify its position as a leader in wholesale e-commerce.
See full Mable company page
