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Qogita — A Wholesale Marketplace For Retailers — Raises $86M Series B To Compete With Ankorstore In Europe

Dec 14, 2023about 2 years ago

Amount Raised

$86 Million

Round Type

series b

LondonInformation Technology

Description

Qogita – a two-sided ecommerce wholesale marketplace aimed at retailers largely in the health and beauty sectors – has raised €80 million ($86 million) in a Series B round led by London’s Dawn Capital and Accel. The company plans to use the cash to expand into more categories.

Company Information

Company

Qogita

Location

London, England, United Kingdom

About

Qogita is a leading global wholesale B2B platform that offers a wide variety of products, brands and categories across geographies. We cater to a large range of organizations, from small retailers to large brands. With Qogita, you can generate higher margins and greater turnover whilst reducing labor cost by using our technology infrastructure. We're a technology company that simplifies business-to-business trade. Most recently we have raised €80m in Series B Funding, with our investors being the backers of companies such as Facebook, Pinterest, Linkedin and Twitch.

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Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech