Press Release June 08, 2021

Kennet and Digital+ Lead Investment in eStoreMedia

The London Technology team advised clients Kennet Partners and Digital+ Partners on their $30 million equity investment in eStoreMedia; the company provides an e-commerce automation suite that helps Fortune 500 Brands accelerate online sales.

eStoreMedia uses the knowledge of branding experts combined with tech engineers to develop solutions which change the way brands and their eCommerce retail partners work together. It creates seamless platforms, such as its eStoreCheck monitoring platform, for integrated analytics, e-content automation, and shopper research for ultimately better brand positioning and consequently sales. It has a global footprint with over 1,000 e-retailers and hundreds of global brands.

Kennet is a leading European technology growth equity investor who partners with founders and teams of successful, capital efficient SaaS companies ready to take the next big jump.

Digital+ is a leading growth equity investor focused on investing in B2B companies with best-in-class technologies and helping them scale into global technology leaders.

The deal team was led by Ali Ramadan, Gretchen Scott, Ella Donegan, James Taylor, Daniel Cartmell and Abdul Khan.

For additional information on the investment, please read coverage in UK Tech News.