Decathlon Capital Partners’ Investment Sets Stage for Growth
INDIANAPOLIS, IN, Nov. 07, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- SupplyKick, a marketing and inventory management solution for brands selling on Amazon, announces a new investment from Decathlon Capital Partners to fuel the company’s growth.
The seven-figure capital infusion will be used to support platform expansion, partner growth, enhance customer service and provide additional working capital.
SupplyKick is the Amazon solution for brands and manufacturers needing a long-term growth strategy for the world’s largest marketplace. The company’s solutions help brands manage marketing and logistics on Amazon to maximize their sales.
“We have a proven business model that’s ready to scale,” said CEO Josh Owens. “We’re ready to grow the platform across a wide variety of product categories and ramp up the business.”
“The key to our expansion is partnering with the right investor who understands our vision and sees the value in our offerings,” said SupplyKick founder Chris Palmer. “Expert online selling is the only certain future of retail and the team at Decathlon understands our potential. We are pleased to partner with them.”
“The team at SupplyKick knows how to use technology and data to drive online sales growth,” said Decathlon’s John Borchers. “They’re on the cutting edge of the next stage in e-commerce. We are pleased to be part of their growth through this capital investment.”
About SupplyKick
Founded in 2013, SupplyKick builds stunning Amazon solutions for brands across consumer categories. SupplyKick has helped partner brands sell over $50 million of products on the Amazon Marketplace, and is building the next great digital retailer. SupplyKick delivers marketing and advertising expertise, logistics and IP defense. The modern mall is full of opportunity, and SupplyKick intends to be the leader in connecting great brands with their customers on Amazon. Learn more at https://www.supplykick.com/.
About Decathlon Capital Partners
Decathlon Capital Partners provides growth capital for companies seeking alternatives to traditional equity investment. Through the use of highly customized revenue-based financing solutions, Decathlon provides long-term growth capital without the dilution, loss of control and operational overhead that often comes with equity-based funding. With offices in Palo Alto and Park City, Decathlon is the largest revenue-based funding investor in the U.S. and is active across a wide range of sectors. Learn more at www.decathloncapital.com.