Tizaro

Tizaro Limited, founded in 2012 by Lee Pruitt, operated as an e-commerce company headquartered in London, United Kingdom. The business focused on the maintenance, repair, and operations (MRO) products sector, providing an online platform for businesses.

The company's core business was to facilitate the sale of MRO products from manufacturers and suppliers, both internationally and within the UK. It specifically targeted businesses that faced challenges in sourcing, procuring, paying for, and importing products across various MRO categories that were not readily available in their local markets. Tizaro provided a solution by creating a centralized online marketplace for these goods.

In terms of financial backing, Tizaro was a funded company, having secured investment from at least one institutional investor, Hoxton Ventures. The company raised a total of $1.82 million over two early-stage venture rounds. The first round in June 2012 brought in $980K, and a subsequent round in August 2013 added another $350K.

A significant milestone in the company's history was its acquisition by Raptor Supplies. At the time of the acquisition, Tizaro had grown to a team of 11 employees.

Keywords: Tizaro Limited, Lee Pruitt, MRO e-commerce, maintenance repair operations, online marketplace, industrial supplies, B2B procurement, international sourcing, Hoxton Ventures, Raptor Supplies, cross-border commerce, industrial components, business supplies, supply chain solutions, UK startup, e-procurement, industrial equipment, online distribution, business-to-business, spare parts sourcing