What is Sorted?
Established in 2010 and headquartered in Manchester, United Kingdom, Sorted is dedicated to simplifying the logistics landscape through technology. The company provides an integrated platform designed to enhance carrier management and delivery tracking, offering users a more efficient and transparent way to handle their shipping needs. By harnessing advanced technology, Sorted aims to streamline the often-complex world of deliveries for businesses, positioning itself as a key player in the logistics technology sector.
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
Shard Credit Partners
Shard Credit Partners is an innovative alternative finance provider focused on UK SMEs, offering senior secured unitranche loans. They aim to bridge the funding gap left by traditional banks, catering to both institutional investors and businesses needing flexible financing.
Praetura Ventures
Praetura Ventures is an investment firm that provides capital to businesses. Their focus often includes supporting growth-stage companies with strategic financial backing.
Chrysalis Investments Limited
Chrysalis Investments Limited is an investment company focused on providing capital for businesses. Their investments typically support companies looking to scale and expand their market presence.
What's next for Sorted?
With its recent major strategic investment and substantial overall capital, Sorted is poised for accelerated expansion and further technological development. The company's focus on enhancing the delivery experience and simplifying carrier management suggests a strategic push towards capturing a larger market share. Future initiatives are likely to involve scaling its operations, enhancing its platform's capabilities, and potentially exploring new market segments within the global logistics and supply chain industry. This enterprise-level backing provides Sorted with the resources to solidify its position and innovate within the competitive delivery solutions space.
See full Sorted company page
