Brandon Group secures funding of €5 million in a round led by CDP Venture Capital SGR in co-investment with Primomiglio SGR and B Holding.

Brandon Group, a Milan, Italy-based ecommerce marketplace, announced completing a funding round of €5 million ($6M).

The money was raised from Italian investors, led by CDP Venture Capital SGR in co-investment with Primomiglio, B Holding and Credem Private equity SGR.

Brandon group, founded in 2012 and led by CEO Ilaria Tiezzi, operates a B2B marketplace that offers companies a management service for the entire online sales and post-sales process. It had a turnover of 21 million euros in 2019, up 130% on 2018, and reached an Ebitda of around one million euros and a net profit for the first time positive.