Nautical Commerce offers a platform that enables retailers, B2B businesses and brands of any size to build multivendor marketplaces in as little as 90 days without expensive custom software or replatforming. The company uses a phased approach to de-risk projects and deliver clear milestones and economic value quickly. Founder and CEO Ryan Lee, who previously worked at Apple and helped launch Apple Pay, started the company in 2020. Nautical reported significant growth over the past six months, moving from zero revenue to “a very specific number,” though exact figures were not disclosed. It has added international customers across verticals including fashion, health, automotive, home goods, sustainable goods and manufacturing, and has a pipeline of about 30 new marketplaces. The company plans further technology development and market expansion supported by new funding.

Total raised

$30M

Funding rounds

1

Latest round

Series A

Latest activity

Jun 2022