Ampla Technologies has closed a USD40 million Series A funding round, co-led by VMG Partners and Forerunner Ventures, with participation from existing investor Core Innovation Capital.
This announcement brings the Company’s total funding to USD380 million in equity and debt financing, which will enable Ampla to impact even more small-to-medium sized businesses (SMBs) in the consumer brands space, strategically increasing its talent pipeline and enabling the rollout of new products. Additionally, the company plans to increase its headcount by 100 per cent over the next three-six months, from 35 to 70 employees.
By providing easy-to-access capital to its clients, Ampla is solving the cash flow problems faced by many SMBs currently impacted by stalled growth and ongoing supply chain constraints. Ampla’s platform solutions enable retail, omnichannel, and eCommerce companies access to previously untapped market opportunities.
