Venture Capital Fund Yolo Invests in Digital Marketing Specialists eCartic
Tallinn-Based Venture Capital Fund YOLO Investments Has Announced a New Investment in Digital Marketing Company Ecartic.
Venture capital fund Yolo Investments has made a significant investment into digital marketing specialists and venture hub eCartic. The Estonian-based investment is a global B2B partner for disruptive companies within the eCommerce value-chain. It successfully scales across a number of verticals, turning ideas into products by using its expertise in digital marketing and branding. It also builds and markets B2C products and services.
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Tim Heath, GP at Yolo Investments, stated:
“We were hugely impressed by the level of digital marketing know-how in the eCartic team. This type of expertise is all-too-often the difference between success and failure when it comes to launching new products. Teaming up with eCartic via this strategic startup investment will not only help supercharge the company’s growth, but also adds great value to the Yolo ecosystem.”
Miko Salo, CEO at eCartic, said:
“We knew that Yolo Investments would be the catalyst our ambitious plans needed from the very first conversation we had. The seven figure investment allows us to expedite the parallel scaling of multiple ventures, all of which provide synergies not only to each other but also support the existing Yolo ecosystem with clear added value. We look forward to creating a universe of opportunities together as eCartic and Yolo Investments.”