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- e2open
e2open Acquisition, Valuation, Funding & Investors
e2open was acquired by WiseTech Global for $2.1B in May 2025, a 3.2x multiple on $656M of revenue.
e2open revenue at acquisition
$656M
Last twelve months · May 2025
e2open revenue multiple at acquisition
3.2x
EV/Revenue · May 2025
e2open EBITDA multiple at acquisition
8.8x
EV/EBITDA · May 2025
About e2open
E2open is a supply chain software company headquartered in Austin, Texas, founded in 2000. It operates a cloud-based platform that connects manufacturers, suppliers, logistics providers, distributors and retailers. Its applications cover supply chain planning, demand sensing, inventory and channel data management, logistics execution, global trade management and ocean visibility. Customers are large manufacturers, retailers and logistics providers that use the network to share data and coordinate orders and shipments. Revenue comes mainly from software subscriptions, with additional services income. The company has grown through acquisitions of supply chain planning, trade compliance and logistics software vendors, including Amber Road and BluJay Solutions. It was taken private in 2015 and later listed publicly before being acquired by WiseTech Global in 2025.
Founded
2000
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Subscription
Revenue
$656M (May 2025)
Valuation
$2.1B (acquired May 2025)
e2open Acquisition
e2open was acquired by WiseTech Global for $2.1B on 25 May 2025.
The acquisition price implies a 3.2x revenue and 8.8x EBITDA multiple on $656M of revenue.
Before the acquisition e2open had raised $16M across 1 funding round.
WiseTech Global agreed to acquire e2open Parent Holdings, a listed supply chain software company, in May 2025, concluding e2open's strategic review. E2open stockholders were to receive $3.30 per share in cash, equating to an enterprise value of $2.1 billion, of which WiseTech said $1.2 billion was cash consideration to e2open stockholders. WiseTech said the combination would extend its CargoWise platform beyond freight forwarding and customs into broader supply chain execution. E2open provides cloud-based software connecting customers, suppliers and logistics partners, with about 87% recurring revenue, and WiseTech's investor presentation cited fiscal 2025 revenue of $607.7 million and adjusted EBITDA of $215.5 million. The transaction was completed in the following months after shareholder and regulatory approvals.
| Acquirer | Date | Type | Price | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|
| 25 May 2025 | Strategic M&A | $2.1B | 3.2x | 8.8x |
Sources: e2open.com
e2open Funding History
e2open has raised a total of $16M across 1 funding round.
e2open funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| May 2009 | Series D | Invesco Private Capital; Crosspoint Venture Partners; JK&B Capital; Seagate | $16M | E2open raised about USD 16.3 million through a Series D preferred stock financing in May 2009, issuing 4,670,687 shares at USD 3.50 per share. The consideration comprised roughly USD 6.1 million in new cash and the conversion of about USD 10.3 million of convertible promissory notes issued earlier to existing stockholders and employees. Purchasers included Seagate Technology, entities affiliated with Crosspoint Venture Partners, Invesco Private Capital and JK&B Capital Group, and B&M Ventures. The round was priced below the earlier Series BB and Series CC price of USD 11.20, which triggered an anti-dilution adjustment on those series. E2open later listed on the Nasdaq in July 2012. The company provides cloud-based software for collaborative supply chain planning and execution across global trading networks. It was founded in 2000 and is headquartered in the United States. |
Who has invested in e2open?
4 investors have backed e2open across its funding rounds, including Seagate, JK&B Capital, Invesco Private Capital and Crosspoint Venture Partners.
e2open Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | May 2009 | ||
| 1 | Participant | May 2009 | ||
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Start Free TrialAcquisitions by e2open
e2open has acquired 13 companies to date.
Last acquisition by e2open was on March 3rd 2022. e2open acquired Logistyx Technologies for $185M.
Latest Acquisitions by e2open
| Description | Logistyx Technologies is a parcel labeling platform based in Chicago, Illinois. Its edge computing software optimizes shipping labels for cost savings up to 40 percent by selecting optimal carriers like UPS, FedEx, and USPS per package. Deployed onsite in warehouses, it processes billions of parcels yearly for e-commerce giants and 3PLs. Founded in 2008, Logistyx Technologies equips facilities like those of Nike with cloud collaboration for multi-channel fulfillment. | - | Averetek is a channel marketing automation platform that equips vendors with tools to empower reseller partners in lead generation and deal registration. The service automates campaign deployment, partner portals, and performance analytics for technology firms. Averetek serves clients including Cisco Systems, SAP, Citrix Systems, Juniper Networks, Avalara, and Enphase Energy from its base in Kirkland, Washington, facilitating partner-led demand through MDF management and co-branded content distribution. | Amber Road delivers cloud-based Global Trade Management software for compliance with country-specific regulations. The platform supports planning, execution, and tracking of international shipments to streamline cross-border logistics. Acquired by E2open in 2019, it serves supply chain teams in optimizing trade flows. | |
| HQ Country | |||||
| HQ City | Chicago, IL | - | Seattle, WA | East Rutherford, NJ | |
| Deal Date | 3 Mar 2022 | 27 May 2021 | 3 Jun 2019 | 13 May 2019 | |
| Valuation | $185M | $1.5B | $11M | $547M | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
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e2open Competitors
e2open competitors include listed companies like GigaCloud Technology and Xiamen Xiangyu Co, and private ones like Tradeshift, XINGYUN GROUP, Smart Fabric and Jusda.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $1.3B | $158M | $2.1B | 1.4x | ||
| Private | $100M | - | $2B | - | ||
| Private | - | - | $2B | - | ||
| Private | - | - | $2.5B | - | ||
| Private | - | - | $2.5B | - | ||
| Publicly listed | $62B | $526M | $2.6B | 0.1x |
e2open Public Comps
e2open is no longer listed, but its public comps include GigaCloud Technology, Xiamen Xiangyu Co, SPS Commerce, Infomart, GuoChuang Software, New Trend International Logis-Tech, KSEC Intelligent Technooogy, Huitongda Network, HopeRun and Tecsys.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.3B | $158M | 1.7x | 1.4x | 13.5x | 10.3x | |||
| $62B | $526M | 0.1x | 0.1x | 12.6x | 9.5x | |||
| $752M | $182M | 3.6x | 3.5x | 15.0x | 10.4x | |||
| $119M | $31M | 9.5x | 8.7x | 36.8x | 32.8x | |||
| $221M | ($18M) | 4.5x | - | (56.9x) | - | |||
| $354M | $42M | 1.7x | - | 14.2x | - | |||
| $300M | ($9M) | 1.9x | - | (61.5x) | - | |||
| $7.8B | $113M | 0.0x | 0.0x | 0.1x | 0.1x | |||
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Common questions about e2open
| When was e2open founded? | e2open was founded in 2000. |
| Where is e2open headquartered? | e2open is headquartered in Austin, TX, United States. |
| Is e2open publicly listed? | No, e2open was acquired by WiseTech Global in May 2025. |
| Who acquired e2open? | e2open was acquired by WiseTech Global in May 2025. |
| How much was e2open acquired for? | e2open was acquired for $2.1B in May 2025, a 3.2x revenue multiple. |
| How much funding has e2open raised? | e2open has raised $16M across 1 funding round. |
| What was e2open's last funding round? | e2open's last funding round was a $16M Series D in May 2009. |
| Who are e2open's investors? | e2open's investors include Invesco Private Capital, Crosspoint Venture Partners, JK&B Capital and Seagate. |
| Which companies are comparable to e2open? | Companies comparable to e2open include GigaCloud Technology, Tradeshift, XINGYUN GROUP, Smart Fabric, Jusda and Xiamen Xiangyu Co. |
| How many companies has e2open acquired? | e2open has acquired 13 companies, including Logistyx Technologies, BluJay Solutions, Averetek, Amber Road and INTTRA. |
| What was the largest acquisition by e2open? | The $1.5B acquisition of BluJay Solutions in May 2021 is the largest acquisition e2open has made to date. |
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