|
Crstl Announces $4.4 Million led by Mastry Ventures to Enable Brands to Diversify From DTC into Retail & Online Marketplaces
Sunday, April 16, 2023
Platform provides mission-critical business and data connectivity between brands and their trading partners.
SAN FRANCISCO, Calif., Feb. 28, 2023 /PRNewswire-PRWeb/ -- Crstl, the SaaS application and platform transforming no-code Electronic Data Interchange (EDI) for modern brands, manufacturers, and wholesalers, is announcing its national launch with $4.4M in seed funding. The round was led by Mastry Ventures, with support from Village Global, Alumni Ventures, SuperAngel VC, On Deck, Mensch Capital Partners, Harizury, and founders and execs at Uber, Faire, Instagram, Stedi, ShipBob, OpenStore, Cogsy, Motive, and more.
Crstl enables businesses to transact with the largest retailers and distributors, by providing a full suite of EDI workflow automations. Crstl has transformed these highly complex, mission-critical use cases into a SaaS application and platform that is user friendly and accessible to businesses. Unlike legacy systems, Crstl's product is purpose-built for overburdened operations teams and their stakeholders. In only a few short months, Crstl has already enabled millions of dollars of B2B commerce between brands and Walmart, Target, Whole Foods, CVS, and many others.
"With our product offering, we are eliminating the hassles and complications brands inevitably face when transacting with retailers and online marketplaces as they diversify away from DTC," said Dipti Desai, founder and CEO of Crstl.
Crstl's cutting-edge platform includes:
-- No-coding required: Businesses leave the engineering to Crstl.
-- AI-driven, growing network of trading partners and integrations: Crstl
is leveraging state-of-the-art AI to rapidly build out seamless
connectivity across retailers, distributors, and systems such as ERPs
and WMS.
-- Best-in-class trading partner setup and onboarding: Crstl's investment
in the onboarding experience provides unprecedented transparency and
enables brands to start transacting with their trading partners swiftly
and seamlessly.
-- Comprehensive EDI trading partner compliance: Crstl provides
out-of-the-box compliance, testing and certification, including
generating compliant shipping labels and packing slips.
-- Transparent and predictable pricing: Crstl has innovated in the industry
by offering clear subscription pricing tiers, including its risk-free,
hassle-free FREEDI(TM) plan.
"Moving our largest customers from our legacy solution provider to Crstl has been seamless as our business continues to rapidly grow, and has allowed us to reduce our costs and have easy access to our own data to better serve our customers," said Josh Posner, CEO, EM Brands and an early user of Crstl.
"There is palpable pain felt by thousands of U.S. brands expanding into retail. Diversification from direct-to-consumer to retail and marketplaces is not a nice to have, but a necessity today. And even when these brands win business with Target or Walmart or Whole Foods, they are stuck dealing with legacy solutions that create delays and big holes in their plans, and thus P&L. Crstl is the painkiller these brands have been looking for: a faster, better, affordable EDI solution. What Stripe became for the financial services ecosystem, we expect Crstl to become for the commerce ecosystem," according to Fatima Husain of Mastry Ventures.
About Crstl
Crstl is transforming no-code EDI workflow automation for modern brands, manufacturers, and wholesalers with its cutting-edge SaaS application and platform. Unlike traditional legacy solutions that may not meet the evolving needs of modern businesses, or complex API-only solutions that require technical expertise, Crstl offers an accessible solution for all teams. Crstl enables brands to optimize revenue and streamline workflows, freeing up working capital for growth and innovation. https://www.crstl.so/
Media Contact
Kirstin Robison, Pitch Public Relations, 1 480-363-5371, krobison@pitchpublicrelations.com
SOURCE Crstl
|
|
|
|
|
|
 |
The New Identity Theft Crisis: AI Scams, Child Victims, and Credit Damage Are All Spiking | Jan 22, 2026
|
|
AllSci Launches Hypothesis Publishing: A Seamless Way to Share, Connect, and Advance Scientific Ideas | Jan 22, 2026
|
|
Canadian Fintech Tuhk Inc., Founded by Ethoca and NuData Security Veterans, Raises US$6 Million Seed Round Led by FINTOP, with Lloyds Banking Group and Capital One Ventures | Jan 22, 2026
|
|
Fintech Startup BON Credit Secures $3.5 Million In Funding | Jan 22, 2026
|
|
Darwin CX Caps a Banner Year with AI Launch, Sold-Out Events, and Industry Book Launch | Jan 22, 2026
|
|
Nudge Security Unveils Industry's Most Comprehensive AI Security Governance Platform | Jan 22, 2026
|
|
PayDo Launches Unified Payment Infrastructure Suite for Digital Businesses | Jan 22, 2026
|
|
TSX Venture Exchange Market Data Now Available Across Over 40 Blockchains via Chainlink | Jan 22, 2026
|
|
IoTeX Publishes MiCA-Compliant Whitepaper for IOTX, Enabling EU-Wide Alignment Under the New Regulatory Framework | Jan 22, 2026
|
|
Paxos Selects Mesh To Enable Trusted Crypto Deposits | Jan 22, 2026
|
|
|
|
