ONTHEGO has successfully raised US$3.7 million to accelerate growth
May 2020 — ONTHEGO Group Pty Ltd (OTG) has raised funds. The minimum investment provides OTG with a least 12 months runway to pursue a number of new opportunities that have emerged as a result of the COVID-19 pandemic, along with accelerating the launch of their new e-commerce platform for retailers, not-for-profits, influencers and sports clubs.
OTG’s proprietary software enables customers to design and order apparel and accessories online or via in-store kiosks and have their order – from one to 5,000 units – fulfilled within two weeks. Over the past 12 months, the company, which is backed by Wesfarmers, has made substantial progress, launching with a number of major white label partners, including Officeworks and Kmart, whilst also growing their direct sales presence within sports and enterprise clients.
Our role in the transaction
Oaklins’ team in Australia acted as advisor in this transaction.
Talk to the deal team
Related deals
Niceboy has been acquired by Anacot Capital
Niceboy has been acquired by Anacot Capital, marking the next stage in the company’s development.
Learn moreKindernet has welcomed a new long-term strategic partner
Kindernet, a Netherlands-based childcare provider with 40 preschool and after-school care locations, has joined forces with a leading European education group to further strengthen the quality and availability of childcare in the evolving Dutch childcare market.
Learn morePDC Wellness has sold Salon System to Professional Beauty Systems
PDC Wellness has successfully sold its Salon System and Just Wax brands to Professional Beauty Systems (PBS).
Learn more