LONDON--(BUSINESS WIRE)--Elevaate, the agile product placement ecommerce platform, today announced it has served more than 25 million products to shoppers across Europe and Australia. This achievement underscores the incredible growth the company has seen since launching the platform in April 2015 and the clear demand from retailers and suppliers for a fast, flexible solution that connects onsite activity to supply chain inventory.
“Where legacy technologies focus on advertising and media buying models that aggregate space across multiple retailers, Elevaate is the first solution that unlocks new growth by connecting the core digital shopping experience to supply chain” said Simon Harrow, CEO of Elevaate. “Our customers are seeing an average of 145% lift in products served through the platform with up to 851% uplift in sales at the checkout in some cases. That’s the kind of performance every retailer and brand owner wants to see.”
Elevaate was founded in April 2014 by Scott Weavers-Wright, the UK entrepreneur that built and sold digital retailer Kiddicare to Morrisons in 2011 for £70M. He has built a strong senior leadership team of experienced retailers that understand the challenges of digital retail. The company is using technology to build growth through stronger partnerships between retailers and suppliers rather than the traditional methods of aggregating store fronts through media networks or search functions. The result has been solid growth in both revenue and customers. Brands using the platform include Unilever, Mars, Coca Cola, Iceland, House of Fraser, Amcal, 3M and Not On The High Street.
About Elevaate
Elevaate believes it is time for a new generation of digitally intelligent retail experiences. This agile product placement platform is transforming digital shopping by connecting on-site activity to supply chain inventory. Retailers and brands now have the ability to accelerate ecommerce performance beyond the limitations of legacy technology and physical stores. Cross-category flexibility, direct commercial insights and instant control are unlocking new growth potential in volume, revenue and relationships. Headquartered in the UK with offices in London and Stamford, England, Elevaate has already served over 25 million products since April to customers across Europe and Australia. Learn more at elevaate.com.
