Creathor Venture invests in Shopgate

Creathor sourced the deal through its internal network. The investment will be used to further the firm's distribution and marketing activities as well as its international expansion.

Creathor Venture invested in Shopgate as it has a good track record and is well-positioned in its market. According to Creathor, the services Shopgate offers have so far only been provided by big online retailers such as Ebay and Amazon. Shopgate enables medium and small merchants to use mobile shopping solutions for all relevant platforms.

Company
Shopgate is a provider of shopping solutions for mail-order and retail businesses. Based in Butzbach, the company was founded in 2009 and currently employs 20 people. The online firm works with over 200 merchants, offering more than five million products and has about 100 apps in the Apple App Store.

People
Dr Gert Köhler managed the deal for Creathor.

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