To Create Fresh Open-Source E-Commerce Platform, Medusa Nabs € 7.98M

July 15, 2022 | 2 minutes read

Medusa has just scored € 7.98M in seed funding with its developer first open-source approach.

Ecommerce startup with its new approach of developers first has gathered €7.98 million seed funding. In a round led by Local Globe and Dawn Capital, with the inclusion of prominent tech leaders such as  Nicolas Dessaigne (Algolia founder),Anthony Casalena (Squarespace CEO & founder) and Scott Williamson (Ex-CPO Gitlab).

Ecommerce has been exponentially growing vertically across Europe in the past few years. Many innovative ecommerce startups have appeared on the horizon- such as Just, LiveBuy, and Bigblu  etc.

Fueled by digital transformation across industries almost all commerce has now taken to online approaches- thus bringing favorable opportunities for businesses too. However, despite this wave of  change many businesses are still struggling to go online. And now a new face in the town, Medusa has shown up itself to solve all these problems.

Founded in 2021, the startup aims to become the reading ecommerce platform for javascript developers. The platform with its developers first approach aims to solve the pains of merchants wanting to construct unique customer experiences and optimize operations.

It has similar core functionality as Shopify whilst its open abstraction-based architecture makes maintenance much easier  for developers as business’ needs evolve. It also provides merchants control of their stack by easily connecting to APIs of payment providers, CMSs, logistics tools and other systems while generating native omnichannel setup via its headless architecture.

CEO and co-founder of Medusa Sebastian Rindom, explained:

“Merchants need to stand out among the crowd and optimize their operations to continue growing in the increasingly competitive e-commerce space. Developers are key to enabling the unique digital commerce experiences that are needed in today’s landscape so we focus on building the best tools possible for developers to be more efficient.

However, this new injection of funds will help the company further strengthen its core product.  It also has big ambitions of going global with the US as its target market.