Cloud Platform Elevaate Passes 300 Million Products Served as Retailers and Manufacturers Embrace New Found Performance

LONDON–(BUSINESS WIRE)–#innovation–Elevaate, the agile cloud platform that unlocks new customer insights to
improve ecommerce revenues and workplace collaboration, today announced
it has served more than 300 million products to shoppers across Europe.
The company has seen strong growth from leading retailers like House of
Fraser and Not On The High Street, as well as global brands such as
Unilever, Nestle, Coca Cola, Hugo Boss and Diesel for its efficient,
accountable merchandising and data solutions that optimise ecommerce
revenues.

“The mass migration of shoppers online means retailers and manufacturers
are thinking differently about their digital ecosystems”, said David
Shearer, chief marketing officer of Elevaate. “The transaction data,
suite of tools that expedite merchandising on the platform and digital
retailing expertise of Elevaate Customer Success Managers is
transforming both performance expectations and how those improved
results are achieved.”

Since its launch in April 2015, the company has seen rapid growth and a
clear demand for a platform that addresses supply chain and
merchandising challenges. Simon Harrow, CEO of Elevaate, said: “The
Elevaate platform has been built by experienced senior retailers with
deep understanding of the pain points commercial teams are facing.” He
explains, “where most providers focus on more traditional digital media
networks, Elevaate is the first to deliver an agile, accountable data
driven solution designed to bring merchandising efficiency to the core
trading needs of brands selling at scale in digital channels.”

Momentum has continued to grow for Elevaate in 2016 as retailers and
manufacturers using the platform see an average increase in product
sales of 145% with an average ROI of 14:1. Earlier in the year Elevaate
was shortlisted as Technology Initiative of the Year by the Retail Week
Awards. In May they were named by leading analyst firm, Gartner, as a
Cool Vendor in Consumer Goods and Manufacturing 2016, one of only four
in the category worldwide. In June, Elevaate was identified by Unilever
as one of the world’s top 50 marketing technology startups and included
in the Unilever Foundry 50 to present at Cannes Lions Innovation in the
third week of June.

About Elevaate

Elevaate is a retail cloud platform that unlocks new insights to
increase unit sales and enhance customer experience. It accelerates
digital revenue growth with proven retail trade funding mechanisms. The
platform is agile, accountable and highly scalable. It provides the data
and tools needed to lift performance and grow revenues while improving
collaboration within and an organization and with partners. Elevaate is
headquartered in the UK. Learn more at elevaate.com.

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Contacts

Elevaate
David Shearer, CMO
UK +44-7495-574-196
USA
+1-415-254-1723
david@elevaate.com

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