Nike acquires A.I. platform Celect
Nike announced on Tuesday it has acquired Boston-based predictive analytics company Celect, marking its latest acquisition in a string of deals to bolster its direct-to-consumer strategy. Read more…
Focused on funding entrepreneurs that transform global retailing
Retailers are going through massive disruption and need innovative solutions. This creates timely opportunities for the right entrepreneurs. We believe the best solutions combine technology with knowledge of how to apply it to retail.
Domain Expertise: Deep knowledge from 30 years of experience investing in retail
Operational Insights: Technology and strategic advice honed from actual operating experience
Retail Access: Large network of major retailers and brands based on long-term relationships
Global Expansion: On ramp to international markets via the Fung Group
We partner with entrepreneurs who share our vision in creating the next generation of retail. We stay focused on solutions that will deliver meaningful value to retailers and brands.
We have deep knowledge and extensive experience in retail, technology and investment, and are long-term partners of entrepreneurs in their company’s growth journey.
We chose to work with Fung Capital because of their operating expertise and extensive network of contacts with brands and retailers. They played a critical role in our company’s growth by opening doors to some of our most valuable customers.
John Tomich, Co-Founder/Chairman, Onestop
It is rare to find an investor who understands the market dynamics of retail so expertly and has firsthand experience of the challenges and a clear vision for the emerging market opportunities. Fung Capital has already had an enormous impact connecting us with target customers and leveraging their role extensive network.
Rob Keve, Co-founder/CEO, Flow
Fung Group’s global network and expertise in supply chain is unmatched which is why we decided to partner with Fung Capital. Not only have they become a meaningful customer for Centric but we are collaborating on a number of initiatives to further innovate our product and services.
Chris Groves, CEO, Centric
It was great to have Fung Capital support us through multiple rounds of financing. Their deep knowledge of retailing helped drive our sales strategy and improved our operations, which ultimately lead to our successful exit.
Pau Sabria, Co-founder/CEO, Olapic
Fung Capital is not just an investor for us, they are a true long-term partner. Not only did they help us with our expansion into new categories, they continue to open doors for us even after Hooklogic was acquired.
Jonathan Opdyke, Co-Founder/CEO, Hooklogic
Thanks to their expertise in commerce and logistics, Fung Capital provides invaluable advice for us in our product vision and our go-to-market strategy. They also challenge us to continuously bring more strength to our operational rigor as we grow rapidly.
Amit Sharma, Founder/CEO, Narvar
We are thrilled to have Fung Capital as a partner in our growth journey. They provide us with council on market penetration of current product offerings, but also leverage their connections with Fung Group to help us extend our solution further into upstream supply chain.
John Andrews, CEO, Celect
Fung Capital helped to recap my company and put it on a growth path towards a highly successful exit event. Their deep knowledge of supply chain and PLM was instrumental in guiding us to this propitious outcome.
Thomas Ng, Founder/CEO, ecVision
I was drawn to Fung Capital’s laser focus in commerce technologies and their dedication to their portfolio companies. They rolled up their sleeves the moment they invested in our company, and they are one of the most hardworking investors that I know.
Justin Yoshimura, Co-Founder/CEO, 500friends
Fung Capital actively partnered with us on repurchasing shares from a selling shareholder, helped the company grow by actively supporting our sales efforts, and contributed and supported our successful exit.
Aaron Sasson, Co-Founder, GTNexus
Nike announced on Tuesday it has acquired Boston-based predictive analytics company Celect, marking its latest acquisition in a string of deals to bolster its direct-to-consumer strategy. Read more…
The predictive analytics company today announced that it’s raised $15 million in a series C funding round led by NGP Capital and existing investor Fung Capital.
Narvar, the premium post-purchase customer engagement platform, today announced a $30 million Series C financing round led by Accel, who also led Narvar’s Series A round.
• Dassault Systèmes and Centric Software to achieve digital transformation, speed to market and innovation for fashion companies • Centric Software’s PLM solutions generate fast ROI for fashion brands to respond to on-trend, on-demand consumers • Centric Software’s globally-recognized customers include Auchan, Belle China, Bestseller,...