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Appear Here secures $12m in funding round

Short-term retail space provider Appear Here has raised $12m (£9.2m) in its latest funding round.

The pop-up store specialist will use the funds to invest in international expansion, senior hires within the executive team and bulking up its data science capabilities.

The company, which has previously partnered with Topshop to list space in its flagship stores, has raised $21.4m (£18.2m) to date.

Since its previous round, the company’s user base has increased to account for more than 80,000 brands including Google, Kanye West and Nike.

Appear Here founder and CEO Ross Bailey said: “Appear Here is the world leader at what we do and this is the perfect time for us to scale. We’ve got offices in London, Paris and New York, and now we’re looking forward to launching more tools and opening up new locations for our growing community to take their ideas to the next level.”

The round was led by venture capital firm Octopus Ventures, with support from retail technology venture fund Simon Venture Group and existing investors Balderton, MMC, Meyer Bergman and Playfair Capital.

Octopus Ventures investment manager Rebecca Hunt, who has joined the company’s board of directors, added: “We’re focused on backing unusually talented entrepreneurs, and Appear Here is the perfect fit for us. Appear Here entirely transformed the market for commercial rental space.”

The news comes after Appear Here launched in New York last month.

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