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Future of Retail

Future of Retail has built a digitized trading platform that dismantles the walls between suppliers and retailers in order to call for closer collaborations for a brighter and stronger future. Future of Retail creates the trade of the future and synchronises all elements in the supplier and retail chain for the best service to the end customer.‍
Sector
E-commerce
Business Model
B2B SaaS
Headquarters
Gothenburg, Sweden
FUND/Vehicle
Ventures Fund I
Entry
2020
Status
Current

Rationale

Future of Retail creates the trade of the future and synchronises all elements in the supplier and retail chain for the best service to the end customer. That is actually why we see it as a brilliant solution. When the end customer has better experiences, suppliers and resellers sell more, says Armando Coppola, Head of Fintech at Wellstreet.

Success factors

We have selected the very best from the consignment warehouse concept but built a digital commerce platform and a payment system, which together with a developed agreement package creates a unique service in the market today. By working with our system, we create improved liquidity, smoother cash flow and increased sales on all levels because we enable commerce with a broader assortment and collection in a unique, safe and secure way for all involved parties, says Founder, Ola Levin.

Result

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