Topsort, a Boston, MA-based auction-powered API that accelerates your marketplace growth, from multi-brand retailers and marketplaces, raised $8 million in seed funding at a $110 million valuation.
The 1-year-old company has closed its Seed round from various marketplace investors including Pear Ventures, Quiet Capital, FJLabs, Micky Malka (Ribbit Capital), Lydia Jett (Softbank), Akhil Paul, Comma VC, and various other individuals.
Topsort will use this round of funding to fuel its continued growth and scale the product further.
Company: Topsort Inc.
Round: Seed Round
Funding Month: March 2022
Lead Investors: Pear Ventures, Quiet Capital, FJLabs, Micky Malka, Lydia Jett, Akhil Paul, and Comma VC
Company Website: https://www.topsort.com/
Software Category: Auction based Advertising Infrastructure
About the Company: Topsort is a Boston-based, Remote-first SaaS company that democratizes auction-based ad technology, so marketplaces and retailers can monetize faster and stress-free. Topsort core offering is an auction-powered ad infrastructure and APIs that help marketplaces build native ads monetization fast and stress-free. Topsort's mission has been to empower marketplaces by democratizing the exclusive auction-based advertising technology that drives profits at the big names in Silicon Valley. The company already has dozens of early customers including Yummy, Facily, Airlift, Chiper, the Colombian retailer Sodimac and Atida - the owner of European pharmacies Mifarma and Aponeo.