Scottish Equity Partners back with new investment

Leading venture capital partners put their lot behind online sports equipment retailer.

Scottish Equity Partners (SEP) have completed an investment in, the flash sales website for premium outdoor and sports gear.

London based SportPursuit runs exclusive weeklong deals from over 1,000 of the world’s leading outdoor and sports brands including Berghaus, Marmot, Arc’teryx, Under Armour, Garmin, and GoPro, offering discounts of 40-70% off RRP.

The company has grown rapidly in both the UK and internationally with over 2 million members and delivering to over 40 countries. SportPursuit will use the funding to continue its UK growth, accelerate its international expansion and develop new products and services.

>See also: Ctrlio closes $1.3m funding round

Stuart Paterson, Partner at SEP commented: “We are particularly impressed with the dynamic and talented management team at SportPursuit and the rapid growth they have achieved to date.

“Their strong retail background and their clear focus on the premium end of the sports clearance market makes them well placed to capitalise on their current position in the UK and to translate that globally.”

Further reading: Artsper raises €1.2m through several backers

Praseeda Nair

Kellen Rempel

Praseeda was Editor for from 2016 to 2018.

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Venture capital funding