Wexford-based software company Scurri has secured further investment of €1.5m to support its continued growth.
A group of existing investors and associates including Act Venture Capital, Episode 1, Pa Nolan, and others (with J Meade Corporate Finance advising the majority of angel investors), continuing to support the company in this round.
This brings the company's total funding to €8.5m to date.
Scurri is a cloud-based delivery management company which facilitates deliveries for e-commerce merchants. Its customers include eBay, Ocado, Vision Direct and Gousto.
Scurri said it has seen a 55% increase in delivery volumes since the onset of the Covid-19 lockdown restrictions, in line with the current and long-projected boom in the e-commerce sector.
The company's CEO and founder Rory O'Connor said that Scurri has very ambitious plans for the company in the next 12 months.
"For the past seven years Scurri has gone from strength to strength, from start-up to full service software solutions provider with a growing list of blue chip and fast growth companies in the sophisticated and fragmented UK e-commerce market," Mr O'Connor said.
"Contrary to the slowed growth in other sectors as a result of the pandemic, eCommerce is booming. The market for Scurri has now greatly increased and is years ahead of where it would have been pre-Covid. We are in a very fortunate position and excited about what the next twelve months will bring," the CEO added.