202116 May

Ankorstore raises another $102 million for its wholesale marketplace –

Summary

If you’re not familiar with Ankorstore, the company is building a wholesale marketplace for independent shop owners. It lets you buy a ton of cutesy stuff and act as a curator for your customers. In addition to buying from several brands at once, Ankorstore withdraws the money from your bank account 60 days after placing an order. The company’s co-founder Nicolas Cohen mentions the U.K., Germany, the Netherlands and Sweden as growth markets. The total addressable market is huge, as the company has identified 800,000 independent shops across Europe that could potentially work with Ankorstore.

Source: Techcrunch

Funding

$102.07M
Amount
May 16 2021
Date
-
Investor
Ankorstore
Company

Classifications

Companies