What is Volusion?
Volusion is a comprehensive e-commerce platform designed to empower entrepreneurs in building and managing successful online businesses. Established in 1999, the company has a long-standing commitment to supporting merchants, from startups to established enterprises, through its dedicated team of developers, marketers, designers, and technical support professionals. Over two decades, Volusion has garnered numerous accolades and has been instrumental in powering more than 150,000 online stores, solidifying its reputation as a reliable partner in e-commerce growth.
How much funding has Volusion raised?
Volusion has raised a total of $92M across 3 funding rounds:
Debt
$35M
Series A
$55M
Debt
$2M
Debt (2014): $35M with participation from Silicon Valley Bank
Series A (2015): $55M led by Main Street Capital Corporation
Debt (2020): $2M supported by PPP
Key Investors in Volusion
Main Street Capital Corporation
Main Street Capital Corporation is a principal investment firm specializing in providing long-term debt and equity capital to lower middle market companies, focusing on growth financings and recapitalizations.
Silicon Valley Bank
Silicon Valley Bank offers a comprehensive suite of financial services, including commercial and private banking, asset management, and investment services, with a strong focus on technology and innovation-driven companies.
PPP
Public-Private Partnership
What's next for Volusion?
The recent major strategic investment in Volusion signals a pivotal moment for the company, likely indicating a focus on scaling operations, enhancing its platform capabilities, and potentially expanding its market reach. Given the enterprise-level funding context, Volusion is poised to further innovate its all-in-one e-commerce solution, aiming to provide even more robust tools and support for online merchants navigating the complexities of digital commerce. This strategic capital infusion is expected to fuel product development and bolster market competitiveness.
See full Volusion company page
