Wilson Sonsini Goodrich & Rosati is the premier legal advisor to technology, life sciences, and other growth enterprises worldwide. We represent companies at every stage of development, from entrepreneurial start-ups to multibillion-dollar global corporations, as well as the venture firms, private equity firms, and investment banks that finance and advise them. The firm's broad range of services and practice areas are focused on addressing the principal challenges faced by the management, boards of directors, shareholders, and in-house counsel of our clients.

Ravix Group provides seasoned consulting expertise to outsource the finance, accounting and human resources functions for early-stage and middle market companies.

Startup Blueprint is the only program designed to fuel profitability for your startup by providing free payment processing and advice. Connecting through top tier incubators, accelerators and VCs, they activate the optimum revenue model for your business. Benefits include a free transaction volume up to $1.5 million USD* ($50,000 USD of PayPal fees waived for 18 months). For Braintree, free transaction volume up to $100,000 USD (braintree fees waived for 18 months).

FounderDating is a network of talented entrepreneurs helping one another start and grow companies. All too often you know people with similar backgrounds and skills sets to your own. With FounderDating you find world-class people with complimentary skill-sets, expert areas and knowledge.

Vet-Tech is the nation's leading startup accelerator for military veterans. With a national network of over 60 veteran led startups in its portfolio, Vet-Tech provides veteran entrepreneurs with expert mentorship, access to funding and helps establish corporate partnerships,

Itembase secures investment from UPS Strategic Enterprise Fund

Posted by Joe Garza on 2014-05-22

Itembase recently announced an investment from the UPS Strategic Enterprise Fund, the private equity strategic investment arm of UPS. News of this development has been covered by Evigo, High-Tech Gründerfonds, and FinSMEs.

Itembase Founder and CEO Stefan Jørgensen is a Graduate of the Berlin Founder Institute.

An online platform for hosting, enriching, and providing product identity data, Itembase helps sellers deliver post-purchase products and transaction information, and enables buyers to easily access the information in a centrally-organized collection. Sellers and buyers can host, send, and receive their product and transaction records - including receipts, warranties, and manuals - in digital form for free.

The investment comes at a time when Itembase is experiencing considerable growth, almost doubling the number of merchants using the platform. This massive boost in success is the result of a veritable snowball effect; as more merchants sign up for Itembase, word quickly spreads, resulting in more merchants signing up. Itembase has also released several new products exclusive to online retailers, such as a marketing service that sends automated e-mails to inactive customers and a daily analytics service that sends e-retailers reports of their metrics including products, customers and benchmarks.

We are excited to welcome the UPS Strategic Enterprise Fund as a new investor. This confirms that we are pursuing the right strategy in fulfilling our mission to become the online inventory for everyone and everything.” - Stefan Jørgensen

For more information on Itembase, be sure to check out their official website.

Like this article?

Itembase secures investment from UPS Strategic Enterprise Fund

* indicates required

Feedback Form

We welcome your feedback to improve the Institute. Please contact us using the form below, and we will get back to you promptly.
Your Email Address:
Message to the Institute:
What is ? (enter the answer below):
Close Window