Marketplacer has evolved to become one of the leading providers of online marketplace software – a “plug-and-play platform” that allows entrepreneurs and like-minded people to create their own marketplaces, collaborate, ideate and share. The tech startup, which had raised another $20 million December last year, has the backing of fund managers Bombora Investment Management, Acorn Capital, SG Hiscock, Morgans Financials and Mirrabooka Investments. Its revenue jumped by 110 per cent last year and boasts of customers’ portfolio that includes Aussie retail giant Myer, Metcash, Petstock, Jayco and Bob Jane T-Mart and Providoor. Marketplacer reportedly helped brands connect with over 29.5 million unique users connect in the last 12 months.
As the company surges ahead, riding on the e-commerce wave, the founders believe an Australian listing could soon be on the horizon. Reports claim the potential listing could be above $100 million and will take place early on in 2021.