Innovative eCommerce platform Elevaate passes new milestone of 25M products served

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.

Contacts

David Shearer, VP Marketing at Elevaate
+44 (0) 7495 574 196
david@elevaate.com