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Linnworks: Receives Majority Investment from Marlin Equity Partners | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

Linnworks: Receives Majority Investment from Marlin Equity Partners

Linnworks Receives Majority Investment from Marlin Equity Partners

  • Linnworks, an Austin, Texas-based commerce automation platform, received a majority growth investment from Marlin Equity Partners
  • The amount of the deal was not disclosed
  • The company intends to use the funds to scale its product capabilities and accelerate global expansion
  • Initial growth capital will be used to expand its product suite, advance its core platform, and develop deeper intelligence capabilities
  • The investment will also support Linnwork continued expansion in North America and Europe to further enable brands in these regions to maximize customer acquisition
  • The company processes over $9 billion GMV each year globally

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