What is Sorted?
Established in 2010 and headquartered in Manchester, United Kingdom, Sorted is dedicated to transforming the logistics landscape by providing an integrated platform for carrier management and delivery tracking. The company leverages technology to create a seamless experience for users navigating the intricacies of global deliveries. Sorted's innovative approach aims to streamline operations for businesses reliant on efficient shipping and logistics solutions, positioning itself as a key player in the evolving delivery ecosystem.
How much funding has Sorted raised?
Sorted has raised a total of $72.4M across 5 funding rounds:
Series A
$3.5M
Series B
$10.6M
Private Equity
$15.3M
Series C
$40M
Debt
$3M
Series A (2017): $3.6M with participation from Praetura Ventures
Series B (2019): $10.6M, investors not publicly disclosed
Private Equity (2021): $15.3M supported by Chrysalis Investments Limited
Series C (2021): $40M featuring Chrysalis Investment Advisors
Debt (2022): $3M backed by Shard Credit Partners
Key Investors in Sorted
Chrysalis Investments Limited
Chrysalis Investments Limited is a notable investment entity that has provided backing to Sorted. Their involvement suggests a strategic interest in companies poised for significant market impact within the logistics and technology sectors.
Shard Credit Partners
Shard Credit Partners is an alternative finance provider focused on SMEs, offering flexible financing solutions. Their participation in Sorted's funding round indicates a strategic debt financing component to support the company's operational expansion and capital needs.
Chrysalis Investment Advisors
Chrysalis Investment Advisors, an investment management firm, has contributed to Sorted's financial growth. Their investment likely aligns with a strategy focused on supporting technology-driven businesses with strong market potential in the logistics space.
What's next for Sorted?
With substantial backing, Sorted is poised for accelerated growth and innovation. The recent major strategic investment signals confidence from its backers in the company's trajectory and its potential to further disrupt the delivery and logistics sector. This capital will likely be deployed to enhance its technological capabilities, expand its market reach, and strengthen its service offerings, solidifying its position as a leader in simplifying delivery experiences worldwide. The company's focus on carrier management and tracking suggests a strategic push towards greater efficiency and transparency in the supply chain.
See full Sorted company page
