A Manchester-based delivery software business, which has worked with the likes of FedEx, DPD and DHL, has raised £11m to fund future growth.
Sorted has said the move comes after another consecutive record year helping retailers to deliver products to customers worldwide with the boom in online sales.
A total of £5m of the round was led by existing investor Chrysalis Investments.
The extra funding supports the acquisition of a number of leading brands as well as product development, growth in the team and global expansion plans.
From January to December 2020, Sorted saw a 100% increase in shipment volume versus the whole of 2019, and the Manchester-founded scale up grew its portfolio of leading retail brands by over 50%, including Asda, musicMagpie and XPO Logistics.
In January 2021, Sorted saw a 243% growth through its SaaS platform in comparison to the same period in 2020.
Richard Watts, fund manager at Chrysalis Investments, said: "We are delighted to provide Sorted with additional capital which will enable them to execute their ambition growth strategy.
"The recent pandemic has accelerated channel shift and Sorted are well placed to benefit from this trend, evidenced recently by some very exciting enterprise customer wins."
Mike Fletcher, chairman of Sorted and managing partner at Arete Capital Partners, added: "As consumer demand for rich customer delivery experiences soars, Sorted is having a huge impact on the retail industry.
"As it continues to support retailers to better serve their customers, the company’s incredible growth so far is a journey that I’m proud to be a part of.
David Grimes, founder and chief executive of Sorted, said: "This investment comes at exactly the right stage of our journey, following a year which has seen more retail opportunities and challenges than any other in the history of ecommerce.
"Digital transformation has been driven at incredible speed, and I’m proud of how our team at Sorted has stepped forward to support an industry undergoing such tremendous change.
"This significant investment will continue our work in enabling brands to pivot and offer customers a five star customer experience regardless of challenges in the retail landscape.
"We’re thrilled to see our investors back our goal to shake up the delivery and logistics sector, with our sights now set on expanding the same service and quality across the global stage."
