Akeneo Funding, Investors & Competitors

Akeneo has raised $196M across 5 funding rounds, most recently a $135M Series D in March 2022.

Last Akeneo funding round

$135M

Series D · Mar 2022

Cumulative funding Akeneo raised

$196M

across 5 funding rounds

Key investors in Akeneo

  • Alven
  • Partech
  • Kima Ventures
  • Summit Partners
  • Salesforce Ventures
  • Nestadio Capital
  • Stephan Dietrich

Akeneo Overview

About Akeneo

Akeneo is a Product Information Management provider headquartered in Lyon, France, serving over 1,000 brands worldwide including Sephora, Microsoft, and Williams-Sonoma. The platform enables centralized catalog management across eCommerce, mobile, print, and in-store channels through data syndication and enrichment tools. Founded in 2013, Akeneo supports multichannel selling with PIM and Catalog Enrichment Engine features, maintaining operations in Europe and North America.


Founded

2012

HQ

FranceNantes

Website

akeneo.com

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Akeneo Funding History

Akeneo has raised a total of $196M across 5 funding rounds.

Akeneo's first fundraising round was a $100K seed round in July 2013. The most recent completed round was a $135M Series D in March 2022.

Akeneo funding rounds

Akeneo funding rounds
DateStageInvestorsRaisedDeal Summary
Mar 2022Series DSummit Partners (lead); Alven; Partech$135MAkeneo, a Nantes, France and Boston, MA-based software company, develops and sells a SaaS Product Experience Management (PXM) and Product Information Management (PIM) platform. The platform centralizes product information, measures and enriches product data quality, and delivers consistent, personalized product experiences across sales channels like eCommerce, mobile, print, and points of sale to increase sales, reduce time to market, and boost productivity. Customers include Fossil, 1-800 Flowers, John Deere, LVMH Group, BooHoo, Accor, Rémy Cointreau, and Royal Canin. On March 15, 2022, Akeneo announced a $135 million Series D funding round led by Summit Partners, with participation from existing investors Alven and Partech, bringing the company's total investment raised to $196 million. This followed Summit Partners leading Akeneo's prior $46 million growth round in September 2019, also with Alven and Partech. The new capital is allocated for an accelerated product development roadmap, key executive hires, and expansion of strategic partnerships. The announcement coincided with Akeneo's Unlock 2022 summit in Paris, marking the in-person return of the annual global PIM and PXM community event after a virtual 2021 edition. CEO Fred de Gombert highlighted the shifting customer journey and the need for resonant product experiences, noting platform adoption rates, new customer additions, and revenue growth trends without specific figures. Summit Partners' Steffan Peyer praised Akeneo's vision in elevating PXM standards for B2B and B2C companies and its global scaling momentum.
Sep 2019Series CSummit Partners (lead); Salesforce Ventures; Stephan Dietrich; Alven; Partech; Nestadio Capital; Kima Ventures$46MAkeneo, a global leader in Product Information Management (PIM) and Product Experience Management (PXM), announced a $46 million Series C funding round led by Summit Partners on September 12, 2019. Existing investors Alven, Partech, Salesforce Ventures, and board member Stephan Dietrich also participated in the round. The company planned to use the capital to accelerate R&D and sales efforts in support of unified commerce experiences, with particular focus on U.S. market expansion where the company generated 20% of its revenue at the time. Akeneo had approximately 180 employees and planned to grow to 300 by the end of 2020. The company had achieved significant adoption with more than 60,000 active installations of its Community Edition, making it the most used PIM solution in the world by its own account. Its open-source platform had been downloaded over 80,000 times with installations growing at a CAGR exceeding 170% over the preceding seven years. By the time of the Series D announcement in March 2022, Akeneo served more than 600 customers across 40 countries with employee headcount exceeding 300 in nine countries.
Mar 2017Series BPartech (lead); Alven$13MAkeneo, a French-American startup founded in 2013, raised $13 million in a Series B funding round on March 20, 2017, led by Partech Ventures with participation from Alven Capital. The company provides open-source product information management (PIM) software, helping merchants centralize, synthesize, translate, and control product data quality to improve conversion rates, SEO, time-to-market, and reduce returns in ecommerce. At the time, Akeneo had 40,000 businesses using its Community Edition and 120 global companies, including Samsung, Adidas, Universal Music Group, and Carrefour, using the premium version. The funding brought total capital raised to $15 million. Akeneo planned to use the proceeds to double its R&D team and accelerate international sales across operations in the U.S., France, and Germany.
Sep 2014SeedAlven$2M-
Jul 2013SeedKima Ventures$100K-

Who has invested in Akeneo?

7 investors have backed Akeneo across its funding rounds, including Alven, Partech, Kima Ventures, Summit Partners, Salesforce Ventures and Nestadio Capital.

Lead investors include Summit Partners and Partech.


Akeneo Investors

Investors in Akeneo by funding rounds participated
InvestorHQRoundsRoleFirst check
AlvenFranceParis4ParticipantSep 2014
PartechFranceParis3LeadMar 2017
Summit PartnersUnited StatesBoston, MA2LeadSep 2019
Kima VenturesFranceParis2ParticipantJul 2013
Salesforce VenturesUnited StatesSan Francisco, CA1ParticipantSep 2019

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Acquisitions by Akeneo

Akeneo has acquired 3 companies to date.

Last acquisition by Akeneo was on June 10th 2026. Akeneo acquired PricingHUB for undisclosed valuation.


Latest Acquisitions by Akeneo

PricingHUB
Unifai
Sigmento
Description
PricingHUB is a Paris-headquartered SaaS dynamic pricing solution using machine learning for retailers and e-commerce. Launched at pricinghub.net, it analyzes price elasticity and competitor data for optimized decisions. Founded in 2020 by ex-travel industry experts, PricingHUB partners with European chains like Carrefour, extending strategies from online travel to physical stores with scalable algorithms.
Unifai is an AI platform normalizing product data from marketplaces, e-tailers, and distributors in France. The system categorizes attributes, enriches descriptions, and standardizes images for over 10 million SKUs across fashion, electronics, and home goods. Unifai integrates with PIM systems and e-commerce feeds to improve catalog accuracy and search performance for retailers like Amazon and Cdiscount.
Sigmento is a data optimization service for eCommerce merchants listing on Amazon, eBay, and Walmart. Tel Aviv-headquartered, the platform automates product data feeds, pricing adjustments, and inventory syncs to boost visibility and sales. Serving 1,000 retailers since 2018, Sigmento integrates with Shopify and BigCommerce for real-time compliance. Their AI engine handles 10 million SKUs daily across US and EU marketplaces.
HQ CountryFranceFranceIsrael
HQ City
Paris
Paris
Ramat HaSharon
Deal Date10 Jun 202619 Sep 202318 Jan 2018
Valuationundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Akeneo Competitors

Akeneo competitors include listed companies like Rezolve AI, Litium and Bridgeline Digital, and private ones like Bloomreach, Automattic and Attentive.

Public and private companies comparable to Akeneo
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
BloomreachUnited StatesSan Francisco, CAPrivate$150M-$2.2B14.7x
Rezolve AIUnited KingdomUnited KingdomPublicly listed$47M($109M)$950M4.0x
LitiumSwedenSwedenPublicly listed$8M$2M$20M1.9x
Bridgeline DigitalUnited StatesUnited StatesPublicly listed$15M($2M)$11M0.7x
AutomatticUnited StatesSan Francisco, CAPrivate$45M-$7.5B-
AttentiveUnited StatesHoboken, NJPrivate$125M-$6.9B55.2x

Akeneo Public Comps

Akeneo is still privately-owned, but its public comps include Salesforce, Shopify, GoDaddy, HubSpot, Zeta Global, Pegasystems, Klaviyo, Lumine Group, Wix.com and Freshworks.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Salesforce$42B$13B5.5x5.2x17.8x12.2x
Shopify$12B$1.2B13.9x11.3x132.9x61.9x
GoDaddy$5B$1.3B3.1x2.9x11.7x8.9x
HubSpot$3.1B$140M3.3x2.9x73.7x12.1x
Zeta Global$1.3B$39M5.8x4.5x191.0x20.3x
Pegasystems$1.7B$294M3.2x3.1x19.2x11.3x
Klaviyo$1.2B($51M)3.1x2.6x(74.0x)16.7x
Lumine Group$766M$278M5.3x4.2x14.4x12.6x

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Common questions about Akeneo

When was Akeneo founded?Akeneo was founded in 2012.
Where is Akeneo headquartered?Akeneo is headquartered in Nantes, France.
Is Akeneo publicly listed?No, Akeneo is a private, VC-backed company.
How much funding has Akeneo raised?Akeneo has raised $196M across 5 funding rounds.
What was Akeneo's last funding round?Akeneo's last funding round was a $135M Series D in March 2022, led by Summit Partners.
Who are Akeneo's investors?Akeneo's investors include Alven, Partech, Summit Partners, Kima Ventures, Salesforce Ventures, Stephan Dietrich and Nestadio Capital.
Which companies are comparable to Akeneo?Companies comparable to Akeneo include Bloomreach, Rezolve AI, Litium, Bridgeline Digital, Automattic and Attentive.
How many companies has Akeneo acquired?Akeneo has acquired 3 companies, including PricingHUB, Unifai and Sigmento.

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