Retail

Rubber Monkey raises capital to capture Australiasian creator economy

Dan Brunskill
Mon, 18 Jul 2022

Rubber Monkey raises capital to capture Australiasian creator economy
Founder Laurence Alexander says Rubber Monkey's "TradeMe pedigree" platform gives it a competitive edge. (Photo: Rubber Monkey)
Dan Brunskill
Mon, 18 Jul 2022
Creative technology e-commerce platform Rubber Monkey is in the process of raising up to $2.5 million in a public offer through Snowball Effect. While it may look like any other web store, Rubber Monkey has earned more than $90m in revenue and has a powerful e-commerce engine built by former Trade Me staffers.The company was created in 2007 by music retailer Laurence Alexander and Nigel Stanford, a TradeMe co-founder and early investor in Mighty Ape – which sold for $127m in 2020.The pair said they identified a gap in the film and au...

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