Seed · E Commerce & Retail · Riga, Latvia · Founded 2021 · 38–45 employees
Supliful is a platform where entrepreneurs can source high-quality skincare, supplement, or packaged food products, brand them with their own labels and start selling online. The company has achieved remarkable growth, quintupling revenue in 2023 and growing from 15 to 38 employees while approaching profitability. One of their users became the first to generate over one million US dollars in sales, and they've sold 400,000 items generating $8M in revenue. The startup secured a €2 million mezzanine loan from FlyCap in 2023 after struggling to raise traditional VC funding despite strong traction.
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