Fundz

Channelengine Raises $50M For An Operating System That Helps Retailers Sell Through Marketplaces

PRIVATEMar 15, 2022

Amount Raised

$50 Million

Round Type

Funding Round

LeidenOtherFinancial ServicesSoftwareCommerce And Shopping

Description

Marketplaces are the order of the day when it comes to selling online, providing a one-stop shop for shoppers, and for retailers looking to target as many would-be buyers as possible, while also creating more economies of scale in areas fulfillment and delivery. Amazon has become the name synonymous with marketplace selling, but it’s far from the only player in town. Today, a startup called ChannelEngine, which helps retailers connect with and sell through more than 200 marketplaces, is announcing a growth round of funding to continue building out its business amid strong demand. The startup — based out of Leiden, Netherlands — has raised $50 million, funding that it will be using both to continue expanding the number of marketplaces it works with, the number of retailers that it connects to them, and to work on building out what the next generation of e-commerce will look like for all of them.

Quick answer

ChannelEngine raised $50 Million in a Funding Round round, dated March 15, 2022. ChannelEngine is based in Leiden, South Holland, Netherlands.

How much did ChannelEngine raise?
ChannelEngine raised $50 Million in a Funding Round round on March 15, 2022.
What does ChannelEngine do?
ChannelEngine connects brands and retailers to over 950 marketplaces worldwide, offering a single platform to manage product data, inventory, orders, and pricing across all online channels.
Where is ChannelEngine based and how big is it?
ChannelEngine is based in Leiden, South Holland, Netherlands. Fundz records about 190 employees.
Who are the decision-makers at ChannelEngine?
Fundz holds 2 contacts at ChannelEngine, including the People & Culture Business Partner. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Commerce And Shopping around the same time

Companies in the same sectors as ChannelEngine that raised within 45 days of this round, from Fundz verified event records.

  • Conjura raised $16M (Series A) on April 26, 2022.
  • Liquid MarketPlace raised $10M (Funding Round) on April 5, 2022.
  • Cred Pal raised $15M on March 29, 2022.
  • Powered By People raised $5M (Seed) on March 21, 2022.
  • Branch raised $75M (Funding Round) on March 9, 2022.
  • Branch raised $143M on February 17, 2022.

Who to call at ChannelEngine, and when

A new round usually means ChannelEngine is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day ChannelEngine raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at ChannelEngine, from your own LinkedIn network

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Company Information

Company

ChannelEngine

Location

Leiden, South Holland, Netherlands

About

ChannelEngine connects brands and retailers to over 950 marketplaces worldwide, offering a single platform to manage product data, inventory, orders, and pricing across all online channels. With smart automation and seamless integration, we enable businesses to expand their reach, optimize sales, and maintain full control over their operations. Our reliable and scalable platform ensures long-term success in the fast-moving ecommerce landscape. Headquartered in Leiden, Netherlands, with global offices in New York, Berlin, Paris, and Singapore, we support leading brands like Unilever, Bugaboo, Petrol Industries, and Sonos in achieving their marketplace growth ambitions.

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Related People

2 contacts
Verified contactsShaunna C., People & Culture Business PartnerSee plans and pricing
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ChannelEngine raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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