Powered by People (PBP)

Wholesale + Dropship made sustainable.

General Information
Company Name
Powered by People (PBP)
Founded Year
2019
Location (Offices)
Toronto, Canada +5
Founders / Decision Makers
Number of Employees
47
Industries
Consumer Goods, E-Commerce, Retail
Funding Stage
Series A
Social Media

Powered by People (PBP) - Company Profile

Powered by People (PBP) is a B2B wholesale platform connecting makers in 46 countries with buyers in North America and beyond. The company's slogan "The future of wholesale is Powered by People" reflects its commitment to ethical and sustainable business practices. PBP addresses the challenges faced by the Creative Manufacturing and Handmade sector by providing a curated digital marketplace for buyers and makers to conduct business. The benefits for both parties are numerous, with buyers able to customize and purchase products via a highly functional platform and makers expanding their customer base by showcasing their products on the Powered by People site. The company's unique feature, PBP Produce, allows both makers and buyers to virtually track the manufacturing process, adding transparency to the transaction. With a diverse team located across America, Canada, Kenya, India, and Mexico, PBP is well-positioned to bridge the gap between makers and buyers, providing financing for the makers, facilitating orders, and identifying emerging market trends. The last investment of $8.00M in Series A on 10 March 2023 from Golden Ventures, Susa Ventures, Altos Ventures, and R.I.S.E. Artisan Fund underscores investor confidence in the company's vision and potential for growth. PBP's commitment to social impact and sustainable business practices, combined with its innovative approach to facilitating B2B transactions, positions it as a promising player in the Consumer Goods, E-Commerce, and Retail industries. With their headquarters in Kenya and a focus on empowering makers globally, PBP presents an exciting investment opportunity in the evolving landscape of wholesale and B2B commerce.

Taxonomy: B2B wholesale platform, ethically sourced, sustainable, handmade sector, international trade, digital marketplace, supply chain technology, online tools, PO financing, small and mid-sized enterprises, global connection, curated platform

Funding Rounds & Investors of Powered by People (PBP) (4)

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Funding Stage Amount No. Investors Investors Date
Series A $8.00M 4 R.I.S.E. Artisan Fund 10 Mar 2023
Seed Round $5.00M 5 Flexport Ventures 21 Mar 2022
Seed Round $1.50M 1 01 Mar 2021
Seed Round Unknown - 15 Aug 2019

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