Cloud Retail, a London, UK-based software company that provides an e-commerce software platform, has raised £2.4 million in seed funding.
Investors
The round was led by Somersault Ventures, with participation from Pre-Seed to Succeed (backed by AltaIR Capital), Yellow Rocks, Smart Partnership Capital, I2BF Venture Capital, AddVenture, and several business angels.
Somersault Ventures is a venture capital firm founded in 2022, focused on early-stage investment in Seed and Series A rounds. The firm targets startups in B2B and B2C software, SaaS, marketplaces, EdTech, FinTech, and entertainment sectors. It operates with a remote-first approach, maintaining a presence in Dubai, London, and San Francisco.
Cloud Retail Use of Funds
The company will use the funding to support product enhancements further, expansion into new industry verticals, and international market growth.
About Cloud Retail
Founded in 2020 by Marat Bolatov and Artur Shamalov, Cloud Retail provides an e-commerce platform designed to streamline and enhance retail operations. Its platform includes solutions for headless commerce, warehouse and delivery management, S&OP, business analytics, and proprietary AI tools. The platform supports SaaS and on-premises deployments, serving industries such as grocery, fashion, pharmacy, F&B, electronics, and more. Cloud Retail serves clients in the UK, EU, and MENA regions, including Carrefour, CityDrinks, and Circle K.
Funding Details
Company: Cloud Retail Ltd.
Raised: £2.4M
Round: Seed
Funding Date: April 2025
Lead Investor: Somersault Ventures
Additional Investors: Pre-Seed to Succeed, Yellow Rocks, Smart Partnership Capital, I2BF Venture Capital, AddVenture
Company Website: https://thecloudretail.com/
Software Category: E-commerce / RetailTech
Source: https://www.uktechnews.info/2025/04/24/cloud-retail-secures-2-3-million-seed-investment-led-by-somersault-ventures/