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French marketplace became Europe’s latest unicorn

The company is currently active in 23 countries with offices in France, Germany, the Netherlands, Sweden and the UK

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French marketplace became Europe’s latest unicorn. Source: flickr.com

B2B-marketplace Ankorstore has secured €250 million, according to Ecommerce News.

In fact, after 2 years of operations, the French company is Europe’s latest unicorn with a value of over €1.75 billion. The platform wants to use the money to develop their existing services and open new offices in Italy and Spain.

Ankorstore is a wholesale marketplace with a customer base of 15 thousand brands and 200 thousand retailers in Europe. On the platform, independent brands can sell products to retailers, offering anything from household supplies to beauty products.

The €250 million in funding came from Bond and Tiger Global as well as Eurazeo, in addition to existing investors like Index Ventures and Aglae. In May of 2021, the company already raised over 80 million for further European expansion.

Ankorstore’s new unicorn status follows a very successful year for the company. Last year the company added 11 thousand new brands and increased their sales volume with 950%.

We plan to scale both horizontally and vertically by adding new product categories and features. We recently added two new categories “sports & wellbeing” and “pets” to our five core product categories and will continue to invest in major product and tech developments to improve the customer experience for our community
Nicolas D’Audiffret, Co-CEO and -founder

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