Ankorstore Raises $250M in Series C

Ankorstore has successfully raised $250M in a Series C at a $2B valuation led by Tiger Global, Index Ventures, GFC, Alven, Aglaé Ventures, Bpifrance, Eurazeo, Armat Group.

Company Overview

Ankorstore is a E-commerce company headquartered in 6 Rue Paul Cézanne, Paris 75008, France, founded in 2019 with 500+ employees.

B2B marketplace connecting retailers and brands

Fundraising Details

Amount Raised: $250M
Round Type: Series C
Valuation: $2B
Date: 2024-01-08
Investors: Tiger Global, Index Ventures, GFC, Alven, Aglaé Ventures, Bpifrance, Eurazeo, Armat Group

About Ankorstore

B2B marketplace connecting retailers and brands The company is positioned in the E-commerce sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 6 Rue Paul Cézanne, Paris 75008, France
Founded: 2019
Team Size: 500+
Industry: E-commerce

What This Means

This funding round demonstrates strong investor confidence in Ankorstore's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The E-commerce sector continues to attract significant investment as companies innovate to meet evolving market demands. Ankorstore's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $2B valuation marks an important milestone for Ankorstore, positioning the company among notable players in the E-commerce industry.

Looking Ahead

With this new capital, Ankorstore is well-positioned to execute on its growth strategy and continue building innovative solutions in the E-commerce space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-01-08. For more information about Ankorstore, visit their headquarters at 6 Rue Paul Cézanne, Paris 75008, France.