Tech Company Financing Transactions
Cloud Retail Funding Round
On 4/23/2025, Cloud Retail received $3 million in Seed funding from Somersault Ventures, AltaIR Capital and I2BF Venture Capital.
Transaction Overview
Company Name
Announced On
4/23/2025
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to support the growth of its operational retail management ecosystem.
Company Information
Company Status
Private & Independent
Industry
RetailTech
Mailing Address
Kemp House 128 City Road
London, England, EC1V 2NX
UK
London, England, EC1V 2NX
UK
Phone
Website
Email Address
Overview
Cloud Retail is a global software company that provides a comprehensive eCommerce platform designed to streamline operations for businesses in various industries, including grocery, fashion, pharmacy, and more. Initially launched as Jiffy Grocery in 2020, the company pivoted in 2021 to focus on developing a robust SaaS and on-premise solution for digital commerce. In December 2023, Jiffy Grocery rebranded to Cloud Retail to better reflect its expanded offerings .? thecloudretail.com+5
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Marat Bolatov
Co-Founder
Artur Shamalov
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We report on every notable VC transaction. VC investment data records on this site are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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