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Global-e has raised $20.0M across 1 funding round.
Key people at Global-e.
Global-e has raised $20.0M in total across 1 funding round.
Global-e is a cross-border e-commerce platform based in London, United Kingdom, with a software development center in Petah Tikva, Israel, that simplifies international selling for merchants by managing multiple currencies, payment methods, customs, and shipping regulations. The software-as-a-service company facilitates retail transactions across more than 200 global destinations and generated $409.0 million in total revenue during the 2021 fiscal year. The enterprise is backed by institutional investors including Red Dot Capital Partners and Temasek Holdings, and it established a major strategic partnership with Shopify in 2021. Global-e provides integrated solutions for retail customers such as Crabtree and Evelyn, as well as Astley Clarke, and the firm successfully raised approximately $375 million during its 2021 Nasdaq initial public offering. The global cross-border commerce organization was officially founded in November 2013 by Amir Schlachet, Shahar Tamari, and Nir Debbi.
Global-e has raised $20.0M across 1 funding round. Most recently, it raised $20.0M Series U in May 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 1, 2016 | $20M Series U | — | Hanaco Ventures | Announced |
Global-e has raised $20.0M in total across 1 funding round.
Global-e's investors include Hanaco Ventures.
Global-e Online Ltd. is a leading technology company that provides comprehensive cross-border e-commerce solutions designed to help online retailers and brands expand internationally. Its platform enables merchants to offer localized shopping experiences to consumers worldwide by handling currency conversion, local payment methods, landed cost calculations, and global logistics. Global-e serves primarily online retailers and brands seeking to grow their international sales, simplifying complex global transactions and enhancing customer experience. The company has demonstrated strong growth momentum, with a 33.3% revenue increase over the past year and a market capitalization exceeding $6 billion, reflecting its leadership in the expanding cross-border e-commerce market[1][3][4].
Global-e was founded by entrepreneurs with a vision to remove barriers in international e-commerce and create a seamless global shopping experience. While specific founder details are less emphasized in available sources, the company originated in Israel and has evolved into a global platform by continuously investing in technology and expanding its network of partners, including payment providers, logistics firms, and marketing agencies. Early traction came from its ability to integrate easily with major e-commerce platforms like Shopify and Magento, enabling rapid adoption by merchants aiming to scale globally[1][2][4].
Global-e rides the significant trend of globalization in e-commerce, where consumers increasingly shop across borders, and brands seek to tap into international markets. The timing is favorable due to rising global internet penetration, increasing consumer demand for diverse products, and the complexity of cross-border transactions that many merchants cannot handle alone. Market forces such as the growth of mobile commerce, improvements in global logistics, and the proliferation of local payment methods work in Global-e’s favor. By simplifying international sales, Global-e influences the broader ecosystem by enabling brands to own direct customer relationships worldwide, thus accelerating the globalization of retail[2][3][4].
Looking ahead, Global-e is well-positioned to capitalize on the expanding $1.1 trillion global cross-border B2C e-commerce market. Continued innovation in platform capabilities, expansion into new geographic markets, and deeper integration with e-commerce ecosystems will likely drive further growth. Trends such as increased consumer demand for personalized and localized shopping experiences, and regulatory changes favoring transparent cross-border trade, will shape its journey. Global-e’s influence may evolve from a technology enabler to a critical infrastructure provider for global e-commerce, helping brands unlock worldwide potential while maintaining direct customer engagement[3][4].
Key people at Global-e.
