Notonthehighstreet.com operates a curated marketplace that connects customers to small creative businesses offering a selection of unique products and craftsmanship. The company focuses on a core gifting offer and sells across multiple categories through its online platform and offline initiatives. It plans to use recent funding to invest in technology, innovation, marketing and operations to develop the customer experience and expand partners' access to new markets. Founded in 2006 by Holly Tucker MBE and Sophie Cornish MBE, the business is led by CEO Simon Belsham. The company employs a team of over 250 at its headquarters in Silicon Upon Thames, South West London. The recent financing is positioned to support product, category and experience expansion rather than to cover operating distress. notonthehighstreet.com is an award-winning online marketplace offering curated collections of original and inspiring products from small creative businesses. The platform has grown from an initial network of 95 partners to over 3,000 small business partners, who sell more than 50,000 products between them. Now in its sixth year, the company focuses on high-quality, unique products and supporting talented small UK businesses. The funding will be used to continue growing the offering and brand while investing in technology to remain at the forefront of innovation. The company recently launched multi-currency functionality to reach consumers globally and plans further international expansion alongside accelerated UK growth. In addition to its digital activity, notonthehighstreet.com will produce eight themed catalogues this year and launch its first national TV advertising campaign on 28 May 2012. Notonthehighstreet.com operates an online shopping site that lets consumers buy products from a network of small businesses through one basket and checkout. Many listings are exclusive deals the company arranges with participating small sellers across categories like home & garden, fashion, jewellery, and weddings. The company says it hosts products from about 1,600 small businesses and lists over 35,000 products. It reported over 420,000 unique visitors in July and a 150% turnover growth in the first half of the year. The new funds will be used to hire employees and continue developing its technology platform. The company was founded in 2006 and is UK-based.

Total raised

$55M

Funding rounds

3

Latest round

Series E

Latest activity

Aug 2016