The UK-based Qogita B2B and B2C wholesale platform raised €80 million in a Series B round led by Dawn Capital.
This round brought Qogita a total of €119 million in funds. The round was actively backed by ex-investors of Series A, such as Seed and Accel, and supported by Bessemer Venture Partners and LocalGlobe.
UK-based Qogita €80M Series By Dawn Capital
CEO Qogita, Manolis Manassakis, said that the raised funds will be used to expand the categories in which we deal and develop the platform so that we accelerate growth in the next financial year.
Qogita is a wholesale platform founded in 2021 to help sellers and buyers find products at an affordable price in bulk quantity. Qogita primarily focused on beauty and health products. Qogita helps buyers compare all the sellers on the platform to find the best price and quality of the selected item without needing negotiation.
Moreover, Qogita serves over 10,000 buyers in 28 countries and has 300 registered sellers. It takes care of shipping and delivery so that there is no fraud and the items are delivered securely. Qogita has 75 employees across 12 countries.