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- Ankorstore
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
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
Website
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
| Date | Stage | Valuation |
|---|---|---|
| Jan 2022 | Series 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
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2022 | Series C | Bond (lead); Tiger Global (lead); Index Ventures; Alven; Global Founders Capital; Aglaé Ventures; Eurazeo; Bain Capital Ventures; Coatue | $281M | $2B | Ankorstore 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 2021 | Series B | Bain 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 2020 | Series A | Index 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 2019 | Seed | Alven (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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Dec 2019 | ||
| 4 | Lead | Dec 2019 | ||
| 4 | Participant | Dec 2019 | ||
| 3 | Lead | Nov 2020 | ||
| 2 | Lead | May 2021 | ||
| 2 | Lead | May 2021 | ||
| 1 | Participant | May 2021 | ||
| 1 | Participant | Nov 2020 | ||
| 1 | Participant | Jan 2022 | ||
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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 TrialAnkorstore Competitors
Ankorstore competitors include listed companies like TBO.com and Izumi Co, and private ones like Faire, Tradeshift, XINGYUN GROUP and Material Bank.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $500M | - | $5.2B | 10.4x | ||
| Private | $100M | - | $2B | - | ||
| Private | - | - | $2B | - | ||
| Private | $100M | - | $1.9B | 19.0x | ||
| Publicly listed | $262M | $41M | $1.8B | 5.2x | ||
| Publicly listed | $3.7B | $300M | $1.4B | 0.6x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $896M | $218M | 3.0x | 3.3x | 12.4x | 5.7x | |||
| $1.1B | $310M | 2.1x | 2.1x | 7.2x | 8.1x | |||
| $887M | $87M | 2.2x | - | 22.2x | - | |||
| $262M | $41M | 6.7x | 5.2x | 43.2x | 34.3x | |||
| $760M | ($19M) | 2.3x | 2.1x | (89.6x) | 24.8x | |||
| $515M | $157M | 3.3x | 2.6x | 10.8x | 9.3x | |||
| $1.7B | ($1.4B) | 1.4x | 1.3x | (1.7x) | 6.7x | |||
| $266M | $49M | 5.4x | 5.3x | 29.4x | 24.7x | |||
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. |
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