Threecolts

Overview
News
Ecommerce Platforms?
Product stageSegments
Early
?
E- Commerce Website solutions
?

Threecolts is a leading provider of software solutions for businesses selling on ecommerce marketplaces like Amazon and Walmart. The company offers a comprehensive suite of tools designed to help sellers maximize profits, convert sales, and optimize operations across multiple online channels.

Threecolts' core offerings include inventory management tools like ExportYourStore and Hemi, which enable businesses to sync inventory levels and manage product listings across various platforms, ensuring consistent availability and avoiding penalties for out-of-stock items. The company's pricing automation solution, SmartRepricer, helps sellers stay competitive by automatically adjusting prices based on custom rules, increasing the chances of winning the Buy Box.

In addition to inventory and pricing management, Threecolts provides solutions for enhancing customer service, such as ChannelReply and Onsite Support, which centralize marketplace communications and offer AI-powered support tools. The company's financial management tool, FeedbackWhiz Profits, offers robust accounting capabilities, allowing sellers to track earnings, spending, and visualize financial data with ease.

Threecolts also offers advanced recovery solutions like DimeTyd Amazon and DimeTyd Walmart, which help vendors recover lost revenues from overbilling, inventory discrepancies, and unacknowledged shipments. As of July 2024, the company served over 22,000 businesses worldwide, generating more than USD 30 billion in gross merchandise sales and recovering over USD 200 million in lost profits. Threecolts' customers, including leading consumer brands and Fortune 500 companies like Samsung, Panasonic, and L'Oréal, have reported significant improvements in profit, customer response time, and detail page conversions.

Key customers and partnerships

In March 2023, Threecolts announced that it had acquired 14 companies since its inception in 2021, further expanding its product offerings and customer base. The company's impressive growth and execution have attracted significant investor interest, with Threecolts raising a total of USD 90 million in funding as of July 2024.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
London GBR
Founded year:
2021
Employees:
101-250
IPO status:
Private
Total funding:
USD 89.2 mn
Last Funding:
USD 89.2 mn (Series A; Mar 2023)
Last valuation:
-
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