A new chapter of growth for Linnworks.
Today marks a significant milestone for Linnworks in the growth of our business. We are extremely pleased to announce that Marlin Equity Partners (Marlin) has made a majority growth investment in the Linnworks business.
We’re hugely excited for the positive impact the investment will have for Linnworks customers, with growth capital used to accelerate our investment across all areas of the Linnworks business, from customer services through to our partner ecosystem, as we build a truly world-class organization. We are also investing deep into our product suite - advancing our core platform, developing deeper intelligence capabilities and expanding our integrations portfolio. The fresh capital will also be used to accelerate the company’s continued expansion in North America and Europe to further enable brands in these regions to achieve total commerce control, as omnichannel shopping continues to accelerate.
We’ll be sharing more on our product roadmap and the wider ecommerce industry during next week’s Linn Academy Virtual event, if you would like to join us - you can register for free here.
Driving the next generation of Total Commerce.
Linnworks enables total commerce operations and empowers brands to sell better by connecting commerce everywhere. The ecommerce industry has undergone major change over the past 18 months. As an organization we are dedicated to ensuring that our customers are equipped with the technology and support that will drive their growth as this industry continues to evolve. As brands prepare for a more resilient future and new commerce selling channels and innovations appear at pace, Linnworks improved product performance and expanded product capabilities will enable optimized agility and scalability so its customers can take advantage of every selling opportunity.
“In order to capture every revenue opportunity, brands are recognizing the need to not only increase the number of channels they sell on but also integrate those channels for a frictionless, more personalized customer experience,” said Callum Campbell, CEO of Linnworks. “With Marlin’s shared vision and support, we are excited to expand our offerings and deepen our capabilities to support our customers’ evolving needs and enable brands to scale.”
“The commerce landscape is changing, and Linnworks is paving the way for scalable, agile, and resilient operations for brands and retailers in the future,” said Roland Pezzutto, a principal at Marlin. “Having been bootstrapped to date, Linnworks compelling value proposition and exceptional leadership has facilitated early success and positioned it as a strong market leader in the space, and we look forward to supporting the company in its next stage of growth.”
Linnworks has successfully supported its customers through the shifts and challenges the past 18 months has presented. Increasing its capital now will allow the company to accelerate its investment into expanding capabilities and resources in the most impactful areas for its customers, including product and support, which will positively impact its customers’ bottom lines.