Paris-based Ankorstore claims to be reinventing the way people do wholesale. The company is doing that by providing tools for brands to distribute their goods, inspiring retailers with a selection of products, and helping brands & retailers work together in unique conditions (brands paid at reception, delivery offered, and 60 days payment for retailers).
Ankorstore raises Series B funding
In a recent development, the online B2B marketplace announced that it has raised $100M (approx €82.2M) in its Series B round of funding led by Tiger Global and Bain Capital Ventures. Besides new investors, the round also saw participation from existing investors including Index Ventures, Global Founders Capital, Alven, and Aglae Ventures.