Tech Track 100

Trouva’s online platform enabled 70% of its more than 900 independent boutique partners across Europe to continue trading when physical stores were forced to close earlier this year. Its platform helps shop owners move stock and fulfil shipments through its inventory management and logistics technology, and has allowed businesses to make alternative arrangements for fulfilling product deliveries during the pandemic. Co-founders Alex Loizou, 33, Mandeep Singh, 36, and Glen Walker, 33, started the online marketplace — originally named StreetHub — in 2013. Aiming to be the destination for unique, hard-to-find products, including organic cotton facemasks, sales grew to £7.3m this year. Last November, it raised $22m from investors including Octopus Ventures, LocalGlobe and BGF, bringing total funds raised to $36m.

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Company details
Year2020
Rank34
CompanyTrouva
ActivityOnline boutique marketplace
LocationCentral London
Average 3 year sales growth94.34%
Latest sales £000s7,315
Staff76
Founded2013
Websitewww.trouva.com

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* supplied by company † annualised figure