Bizay raised $19M in a Series C2 round led by Indico Capital Partners to expand into the U.S. market with its supply chain system for product customization.
Mar 10, 2024•over 1 year ago
Amount Raised
$19 Million
Round Type
series c
Investors
Lince CapitalIberis CapitalIndico Capital Partners
Description
Bizay, a Lisbon-based startup specializing in customized merchandise, has raised a Series 'C2' round of €18 million ($19.78 million) to push into the U.S. market. The round was led by previous lead investor Indico Capital Partners, with participation from fellow Portugal investors Iberis Capital and Lince Capital. This funding brings Bizay's total funding to €72 million ($79 million).
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech