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Country: France

Market place connecting brands and stores across Europe

News

Ankorstore, French Tech's 24th unicorn. 10/01/2022

  • Founded in July 2019, Ankostore connects 300,000 independent retailers and 40,000 brands.
  • A fast-growing company, its business volume is set to increase almost tenfold between 2020 and 2021.
  • A $2 billion financing round values the company at $12.4 billion.
  • Ankorstore's model is attractive to retailers, who can discover and purchase new brands with just a few clicks
  • The unicorn's latest €250 million round of financing was led by Tiger Global and Bond, a late-stage fund making its first investment in a French nugget.

Ankorstore expands its model and product catalog. 10/01/2022

  • Eight months after raising 84 million euros, the young startup is developing a platform to put brands and independent retailers in touch with each other
  • It raised 250 million euros in December 2022.
  • Ankorstore has grown from 20 employees in 2019 to 400 employees in 2021.
  • Since its creation in 2019, the platform connecting brands and independent retailers, Ankorstore, has kept up a phenomenal pace of growth.
  • Ankorstore has made 2.5 million connections between the 15,000 brands and 200,000 retailers who use it.
  • The start-up aims to open another office in Italy and Spain in 2022, and to become a leader in its sector in Europe.

Ankorstore has raised six million euros to launch rapidly in Europe. 09/12/2019

  • Ankorstore's aim is to turn local commerce into a new outlet for brands and retailers.
  • Ankorstore has just raised 6 million euros from Global Founders Capital, Alven and Aglaé Ventures, and in just a few weeks has brought together over 1,000 retailers and 300 brands.
  • The platform connects brands and merchants.
  • Brands are immediately charged by the platform, which takes a 15% commission on their sales to remunerate itself.
  • The service is free for retailers.
  • It offers an invoicing and order history service.
  • The start-up aims to launch in Europe.