Scalefast is a Los Angeles-based digital commerce solution that helps enterprise brands build and scale direct-to-consumer (DTC) eCommerce channels. Its core product is a next-generation, SaaS-based end-to-end platform and operating partnership that includes merchant-of-record agreements, physical and virtual fulfillment, payments, fraud & tax management, and finance functions. The company describes its offering as a business-as-a-service approach that can launch stores in as little as 15 days to enable rapid DTC rollouts and global expansion. Scalefast serves customers including L’Oréal, FLIR and Square Enix and reported 200% year-over-year growth. The company plans to use new funding to expand its team, footprint and product offering to further support existing and new customers. It emphasizes speed, flexibility and agility to help brands move online and scale direct channels, particularly amid increased DTC demand during the COVID-19 crisis. Scalefast provides infrastructure and full-service business operations that enable lifestyle brands to run direct-to-consumer ecommerce. Its core product combines AI-driven ecommerce personalization with end-to-end operations to help brands scale quickly and increase revenue. The company says its personalization technology uses machine learning and consumer behavior data to deliver relevant, one-to-one shopping experiences that increase customer retention and expand client revenue by an average of 40%. Scalefast reported a strong 2017, launching dedicated DTC experiences for over 20 major product launches, processing more than 14 million orders, serving consumers in over 240 countries, and doubling its team. It also received multiple industry awards. The company is based in Los Angeles and has offices in Paris and Madrid. New funding is intended to expand services for existing clients and further develop its ecommerce personalization technology.

Total raised

$30M

Funding rounds

2

Latest round

Series B

Latest activity

Jun 2020