Fundraising

Ankorstore

Ankorstore Raises $250M in Series C

2019
Founded
500+
Employees
6 Rue Paul Cézanne, Paris 75008, France
2 min read

Quick Facts

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.

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Fundraising News Team
Fundraising News Team
Tracking the latest funding rounds and investment news