Markko reports record growth with GBP £500,000 revenue

Markko, a software-as-a-service (SaaS) marketplace platform, has announced a record-breaking growth period. The company is noted for its rapid expansion and the significant number of marketplaces in development.

The company has achieved noteworthy growth, establishing itself as a pivotal platform for marketplace entrepreneurs. Markko has now successfully reached the GBP £500,000 annual revenue milestone and currently powers 15 live marketplaces. The company has more marketplaces in development than ever, reflecting increasing demand for its services from founders seeking an efficient, scalable solution.

James Ansell, Chief Executive Officer at Markko, said, "We're seeing an incredible response to Markko's capabilities. Our hybrid marketplace model, powerful infrastructure, and commitment to founders' success have driven record adoption, and we're just getting started."

Aiding early-stage marketplace founders, Markko Labs, the company's marketplace incubator, will maintain its support through mentorship and resources as it readies its second cohort.

Markko is also launching artificial intelligence-powered features to enhance the process of building marketplaces. These advancements, including intelligent onboarding assistants, automated content generation, and marketplace optimisation, are designed to simplify operations and improve efficiency for founders. This is part of the company's strategy to push the boundaries of marketplace development.

Given sustaining ongoing momentum and enhancing support for marketplace founders, Markko is preparing to seek a new investment round. This funding will bolster the platform's capabilities, broaden the ecosystem, and ensure that founders are equipped with optimal tools to succeed.

James Ansell added, "Our vision is to be the backbone of the next generation of digital marketplaces. With new funding, we'll be able to scale our operations, refine our technology, and provide even more value to entrepreneurs."

As Markko ventures into this new phase, its commitment remains to equipping marketplace founders with the best available tools, insights, and support.