A startup that helps you to find quirky gifts just scooped £21 million
The Series E funding round was announced on Sunday and led by German publisher Hubert Burda Media, with additional support from existing investors including Index Ventures, Industry Ventures and Eight Roads Ventures.
The company - founded in 2006 by Holly Tucker and Sophie Cornish - aims to help people find unique gift ideas and personalised gifts, as well as provide inspiration on everything from home decorations to fashion and jewellery.
Some 5,000 sellers use notonthehighstreet.com's platform to connect with more customers and scale their businesses.
The company said it will use the money to invest in technology, innovation, marketing and operations. It will look to expand on its existing categories and develop the customer experience both on and offline.
Notonthehighstreet.com CEO Simon Belsham said in a statement:
Notonthehighstreet.com announced the investment alongside results for the 12 months to March 21.
The results show that the company made a loss of £1.6 million, down from £3.0 million for the same period for the previous year.