Retailers often build their own “orchestration” platforms for payment processing and routing, but these can be complex to maintain. Spreedly and modo play in this space, and, last year, new startup Gr4vy launched in the US to do this in an even more fleet-of-foot manner, it claimed.
It raised in a $11.1M Series A last year to do that, but today it’s unveiled a further $15M in Series A extension funding, led by March Capital, taking its total Series A stage funding to $27.2M (including previous seed funding). The company claims this has now meant a doubling of its valuation to $115M.
The San Mateo-based sta …
