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Expandly aim for rapid growth in 2016
Expandly, the Milton Keynes based Multi-Channel Inventory Control cloud-based software provider, has raised its second round of investment to fund the next stage of its expansion. This investment will enable Expandly to set up strategic worldwide support centres, fund additional marketing, and expand its global reach. The funding round was closed within a week and was substantially oversubscribed.
Expandly also announced that Steve Robinson, Chief Executive of ACHICA, has agreed to join the business as Non-Executive Chairman saying that his wealth of knowledge and contacts will be of great benefit in helping Expandly progress and grow as a business.
Since its soft launch, the Expandly platform has been used by over 1000 companies in over 80 countries. Alan Wilson, Expandly CEO told us that “The business is now in an incredibly strong position from a financial, management and operational standpoint, to grow its share in the global inventory management marketplace in 2016“.
With over 35 sales channels integrations already live, Expandly have a simple price structure based on turnover. Starting at £25 per month for sales of up to £5000, it’s eminently affordable and you’ll only pay more as your sales rise.