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Creoate

B2B wholesale marketplace

21-100 employees
  • Retail
  • B2B
  • Artificial Intelligence
  • Marketplace
  • Analytics
  • eCommerce
7-10 Adam Street, London, England, WC2N 6AA

Company mission

Creoate's mission is to make wholesale work for independents.

Insights

Top investors

Few candidates hear
back within 2 weeks

39% female employees

86% employee growth in 12 months

Otta's take

Xav Kearney headshot

Xav Kearney

CTO of Otta

Creoate wants to remove the pain points associated with the wholesale ecosystem by creating a centralised platform that connects independent retailers with sustainable brands and wholesalers.

Creoate differentiates itself from competitors like Faire and Ankorstore through its AI-based predictive analytics which forecasts best-selling products. This helps retailers anticipate inventory levels and order items accordingly. Moreover, each brand on the Creoate platform is carefully selected by an in-house team of experts in order to ensure a high quality of the products provided. Overall, their B2B software tools eliminate over 40% of the costs associated with the middleman.

The company has recently raised £3.5m, which will be invested in international expansion across the European markets, in hiring new talent, and in adding new tools and analytics on its platform. Creoate currently operates in 10 countries and it counts over 50k retailers among its clients.

Benefits

  • Work from home opportunities

Funding (1 round)

Aug 2021

$4.5m

SEED

$4.5m

Total funding

This company has top investors

Founders

Ashley Horn

(Co-founder)

Studied Finance at the University of Oregon. Previously worked for 6 years at Deloitte UK, first as Manager - Financial Services and then as Manager - Corporate Finance. Ex Associate Director - Acquisition Finance at Lloyds Bank.

Fahad Khan

(Co-founder)

Previously Manager of Investment Management & Private Equity at Deloitte, Investment Mentor at Bethnal Green Ventures, and Board Observer at Packlink, Jobandtalent and Paysend.

People progressing

Studied Software Engineering at Carnegie Mellon. Ex VP of Engineering at Smava. Ex Head of Engineering at Farfetch

Jobs (5)

All locations

Marketing