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Max Retail runs a software platform that helps retailers manage and sell unsold inventory. It connects sellers with a large audience of end consumers through an exclusive marketplace where retailers can buy immediates and sell excess stock. The platform uses inventory-management and marketplace features to streamline stock handling, speed up sales, and convert aged inventory into cash. Revenue comes from transaction fees and subscription services charged for using the platform. What sets Max Retail apart is its focus on clearing unsold goods by linking retailers with a broad buyer base and providing a streamlined, end-to-end process for turning idle stock into revenue, rather than competing primarily on general ecommerce features. The goal is to help businesses optimize stock levels, improve cash flow, and reduce losses from unsold inventory by efficiently turning excess inventory into sales.
Industries
Data & Analytics
Enterprise Software
Company Size
51-200
Company Stage
Series A
Total Funding
$20.3M
Headquarters
West Palm Beach, Florida
Founded
2018
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Total Funding
$20.3M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
Max Retail, a marketplace that makes it easy for independent retailers and brands to sell excess inventory, today announced a $15 million Series A round led ...
Max Retail, a marketplace that makes it easy for independent retailers and brands to sell excess inventory, today announced a $15 million Series A rou
Today, Max Retail announced a $15 million Series A round led by Nosara Capital, a London-based online marketplaces VC firm, with participation from Rethink Impact, a US-based impact venture capital firm that invests in female leaders using technology.
Max Retail raises $15M in Series A funding.
Max Retail, a marketplace for independent retailers to sell excess inventory, raised a $15M Series A round led by Nosara Capital, with participation from Rethink Impact, M13, The Artemis Fund, and StandUp Ventures. This funding will help Max Retail expand its sales channel network and support independent retailers in maximizing cash recuperation on unsold goods. Independent retailers in the US face significant financial losses from excess stock, and Max Retail aims to provide a solution.
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Industries
Data & Analytics
Enterprise Software
Company Size
51-200
Company Stage
Series A
Total Funding
$20.3M
Headquarters
West Palm Beach, Florida
Founded
2018
Find jobs on Simplify and start your career today