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Nautical Commerce sails away with new funding to bring marketplace tech to the masses

TechCrunch LogoTechCrunch1 mo ago

Nautical Commerce sails away with new funding to bring marketplace tech to the masses

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The company is boiling down the time it takes for businesses to create an e-commerce marketplace from two to three years to about 90 days.

Prior to starting the company in 2020, founder and CEO Ryan Lee was with Apple and helped them launch Apple Pay.

The round, which gives the company about $33.2 million in total funding, was led by Drive Capital, with participation from Accomplice Ventures and Golden Ventures.


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Article Details

Author / Journalist: Christine Hall

Category: Technology

Topics: Masha Khusid Manufacturing SaaS Golden Ventures Apple Venture capital Nautical Commerce Amazon Funding Startups Technology Development Ryan Lee Recent Funding Tmall London TC Drive Capital Taobao ECommerce Retailers Online marketplace Accomplice Ventures E-commerce

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-29, 10:30:09

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Reading Time: 4 minutes read

Article Length: 565 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 20029

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