Opumo Secures Significant Investment from North-East Venture

Opumo, a popular online design marketplace based in Britain, has recently secured a significant investment from North-East Venture, a Danish multi-stage fund. This financial backing not only demonstrates the confidence investors have in Opumo but also highlights the increasing interest in the platform within the design industry.

Co-founded by Nick Ayoub and Harry Beattie, Opumo has been hailed as the ‘digital department store of the future’. By curating a selection of contemporary lifestyle brands and connecting them with customers worldwide, the platform offers a seamless shopping experience that seamlessly blends content, community, and commerce. With a diverse range of products ranging from fashion and accessories to home goods and electronics, Opumo caters to the needs of modern and sophisticated shoppers.

Among the renowned brands featured on Opumo are Arkk, Mater, Sunspel, Adidas Y-3, Ron Dorff, and G.H Bass & Co., showcasing a carefully curated collection of high-quality and stylish items. The recent investment from North-East Venture has been met with enthusiasm by Martin Lumbye, the CEO of the fund, who sees great potential in Opumo’s unique business model and keen understanding of its target market.

Since its launch in March 2017, Opumo has experienced impressive growth, with a steady monthly increase in customers. A successful crowdfunding campaign further solidified its position in the market, attracting over 400 backers who share the platform’s vision. The raised funds will be utilized to expand the team with tech and marketing specialists, enhance the editorial content on the site, and improve the membership scheme to offer more incentives for users.

The partnership between Opumo and North-East Venture signals a promising future for the online design marketplace. As the platform continues to evolve and attract a global audience, it is poised to become a leading destination for discerning consumers who value quality, design, and innovation.

To learn more about Opumo and its unique offerings, visit their official website here.

For more information on North-East Venture and their investment strategy, visit their official site here.

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