Ankorstore Valuation, Funding & Investors

Ankorstore is valued at $2B as of January 2022.

Last Ankorstore valuation

$2B

Series C · Jan 2022

Last Ankorstore funding round

$281M

Series C · Jan 2022

Cumulative funding Ankorstore raised

$420M

across 4 funding rounds

Key investors in Ankorstore

  • Global Founders Capital
  • Alven
  • Aglaé Ventures
  • Index Ventures
  • Tiger Global
  • Bain Capital Ventures

Ankorstore Overview

About Ankorstore

Ankorstore is a Paris-based B2B wholesale marketplace, founded in 2019, that connects independent retailers with independent brands across categories including home goods, grocery, fashion, beauty, and pet products. The platform lets more than 200,000 retailers source from over 15,000 brands across 23 European markets, offering more than a million products. Ankorstore operates from offices in Paris, London, Berlin, Amsterdam, and Stockholm and positions itself as an alternative to traditional wholesale distribution channels.


Founded

2019

HQ

FranceFrance

Status

Privately held

Customer focus

B2B

Revenue model

Commission

Valuation

$2B (Jan 2022)

Ankorstore Valuation

Ankorstore is currently valued at $2B, based on its Series C in January 2022.

The $281M round was led by Bond and Tiger Global, with participation from Index Ventures, Alven, Global Founders Capital, Aglaé Ventures, Eurazeo and 2 other investors.

Ankorstore valuation by funding round

Ankorstore valuation by funding round
DateStageValuation
Jan 2022Series C$2B

Ankorstore Funding History

Ankorstore has raised a total of $420M across 4 funding rounds.

Ankorstore's first fundraising round was a $7M seed round in December 2019. The most recent completed round was a $281M Series C in January 2022.

Ankorstore funding rounds

Ankorstore funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2022Series CBond (lead); Tiger Global (lead); Index Ventures; Alven; Global Founders Capital; Aglaé Ventures; Eurazeo; Bain Capital Ventures; Coatue$281M$2BAnkorstore is a B2B wholesale marketplace founded in 2019 that connects over 200,000 independent retailers with more than 15,000 brands across Europe, focusing on categories like home, grocery, fashion, beauty, children's products, sports, wellbeing, and pets. It operates in 23 markets with offices in Paris, London, Berlin, Amsterdam, and Stockholm, enabling brands and retailers to conduct business efficiently in a professional network akin to LinkedIn. In January 2022, Ankorstore raised €250 million ($283 million) in a Series C funding round led by Bond and Tiger Global, with participation from Eurazeo, Coatue, and existing investors including Index Ventures, Bain Capital Ventures, Global Founders Capital, Alven, and Aglaé Ventures. This brought total funding to €365 million and achieved unicorn status with a post-money valuation of $2 billion (€1.75 billion), making it the second French unicorn of 2022 after PayFit. The funds are earmarked for geographic expansion into Italy and Spain, acceleration in core European markets, addition of new product categories, and investment in technology to enhance user experience. The platform reported 950% sales volume growth from 2020 to 2021, growing from 5,000 brands in May 2021 to over 15,000 by early 2022, offering more than one million unique products. Competitors include U.S.-based Faire, which has expanded into Europe after raising over $1 billion, as well as Creoate and Orderchamp. Ankorstore positions itself as the operating system for independent retail, transforming cross-border wholesale and supporting post-pandemic recovery for stores.
May 2021Series BBain Capital Ventures (lead); Tiger Global (lead); Index Ventures; Alven; Global Founders Capital; TCV; Aglaé Ventures$103M-Ankorstore, a Paris-based B2B wholesale marketplace founded in 2019, connects independent brands with independent retailers across Europe, enabling retailers to source varied products for offline sales. The Series B round on May 16, 2021, raised approximately $100 million (€82 million), co-led by Bain Capital Ventures and Tiger Global, with participation from Aglaé Ventures, Alven, Global Founders Capital, Index Ventures, and TCV. This followed a €25 million Series A in December 2020 and marked one of Europe's largest Series B raises in 2021 amid Tiger Global's aggressive European investment spree. The funding aimed to expand the online marketplace internationally, building on strong pandemic-era growth where business tripled in the first four months of 2021 despite retailer closures. By May 2021, Ankorstore supplied 50,000 shops across France, Spain, Austria, Germany, Holland, Switzerland, Luxembourg, and had recently entered the UK market. The platform offered products like household supplies, kitchen essentials, stationery, beauty items, and non-perishables, positioning it as a solution for local retailers to source from up-and-coming independent brands efficiently. By Series C, Ankorstore served 200,000 retailers and 15,000 brands (up from 11,000 added in 2021) with over 1 million products across 23 countries, employing around 400 people in offices in Paris, London, Berlin, Amsterdam, and Stockholm, with plans for Italy and Spain. Competitors include Faire, Creoate, and Orderchamp in the growing global B2B e-commerce market projected to reach $25.65 trillion by 2028.
Nov 2020Series AIndex Ventures (lead); Alven; Global Founders Capital; GFC Rocket Internet; Aglaé Ventures$30M-Ankorstore is a Paris-based B2B wholesale marketplace founded in November 2019 by four e-commerce entrepreneurs: Pierre-Louis Lacoste (former Etsy country manager), Nicolas d'Audiffret and Nicolas Cohen (founders of A Little Market), and Mathieu Alengrin (former Head Engineer at Vestiaire Collective). The platform connects independent shop owners with brands selling household supplies and consumer goods, operating as a curated alternative to traditional retail distribution channels. In its Series A round completed on November 30, 2020, Ankorstore raised €25 million ($29.9 million) led by Index Ventures, with participation from existing investors GFC, Alven, and Aglaé Ventures. At the time of this fundraising, the company had approximately 2,000 brand partners and 15,000 independent retailer partnerships across eight European markets, with plans to expand to the UK in early 2021. The company positioned itself against the dominance of mass retail and large e-commerce players by focusing specifically on supporting independent brands and neighborhood retailers. By January 2022, just over a year after this Series A round, Ankorstore achieved unicorn status with a €250 million Series C funding round at a €1.75 billion valuation, demonstrating rapid scaling from this earlier funding stage.
Dec 2019SeedAlven (lead); Global Founders Capital (lead); Aglaé Ventures$7M--

Who has invested in Ankorstore?

11 investors have backed Ankorstore across its funding rounds, including Global Founders Capital, Alven, Aglaé Ventures, Index Ventures, Tiger Global and Bain Capital Ventures.

Lead investors include Bond, Tiger Global, Bain Capital Ventures, Index Ventures, Alven and 1 other investor.


Ankorstore Investors

Investors in Ankorstore by funding rounds participated
InvestorHQRoundsRoleFirst check
AlvenFranceParis4LeadDec 2019
Global Founders CapitalGermanyBerlin4LeadDec 2019
Aglaé VenturesFranceParis4ParticipantDec 2019
Index VenturesUnited KingdomLondon3LeadNov 2020
Tiger GlobalUnited StatesNew York City, NY2LeadMay 2021
Bain Capital VenturesUnited StatesSan Francisco, CA2LeadMay 2021
TCVUnited StatesSan Francisco, CA1ParticipantMay 2021
GFC Rocket InternetGermanyBerlin1ParticipantNov 2020
EurazeoFranceFrance1ParticipantJan 2022

This data is available for Pro users. Sign up to see all 11 Ankorstore investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Ankorstore Competitors

Ankorstore competitors include listed companies like TBO.com and Izumi Co, and private ones like Faire, Tradeshift, XINGYUN GROUP and Material Bank.

Public and private companies comparable to Ankorstore
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
FaireUnited StatesSan Francisco, CAPrivate$500M-$5.2B10.4x
TradeshiftUnited StatesSan Francisco, CAPrivate$100M-$2B-
XINGYUN GROUPChinaShenzhenPrivate--$2B-
Material BankUnited StatesUnited StatesPrivate$100M-$1.9B19.0x
TBO.comIndiaIndiaPublicly listed$262M$41M$1.8B5.2x
Izumi CoJapanJapanPublicly listed$3.7B$300M$1.4B0.6x

Ankorstore Public Comps

Ankorstore is still privately-owned, but its public comps include HBX Group, TX Group, Lime, TBO.com, ACV Auctions, Visional, Stubhub, GO, eFinance and Moltiply Group.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
HBX Group$896M$218M3.0x3.3x12.4x5.7x
TX Group$1.1B$310M2.1x2.1x7.2x8.1x
Lime$887M$87M2.2x-22.2x-
TBO.com$262M$41M6.7x5.2x43.2x34.3x
ACV Auctions$760M($19M)2.3x2.1x(89.6x)24.8x
Visional$515M$157M3.3x2.6x10.8x9.3x
Stubhub$1.7B($1.4B)1.4x1.3x(1.7x)6.7x
GO$266M$49M5.4x5.3x29.4x24.7x

This data is available for Pro users. Sign up to see all Ankorstore competitors and their valuation data.

Start Free Trial

Common questions about Ankorstore

When was Ankorstore founded?Ankorstore was founded in 2019.
Where is Ankorstore headquartered?Ankorstore is headquartered in France.
Is Ankorstore publicly listed?No, Ankorstore is a private, VC-backed company.
What is Ankorstore's valuation?Ankorstore was last valued at $2B in its Series C in January 2022.
How much funding has Ankorstore raised?Ankorstore has raised $420M across 4 funding rounds.
What was Ankorstore's last funding round?Ankorstore's last funding round was a $281M Series C in January 2022, led by Bond and Tiger Global.
Who are Ankorstore's investors?Ankorstore's investors include Alven, Global Founders Capital, Aglaé Ventures, Index Ventures, Tiger Global, Bain Capital Ventures, TCV, GFC Rocket Internet, Eurazeo, Coatue and 1 other.
Which companies are comparable to Ankorstore?Companies comparable to Ankorstore include Faire, Tradeshift, XINGYUN GROUP, Material Bank, TBO.com and Izumi Co.

See companies similar to Ankorstore

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial