ChannelEngine to raise €5 million Series A backed by INKEF Capital and Airbridge Equity Partners
ChannelEngine, a Leiden, Netherlands-based software developer, announced that it completed a series A funding round totalling €5 million ($6M).
ChannelEngine, founded in 2015 by CEO Jorrit Steinz, developed a software platform aiming to help brands and retailers to manage and optimise their product listings and orders across online sales channels. The platform connects systems to international marketplaces and sales channels while optimizing sales, minimizing time, and maximizing profit and reach. It is purposely built for brands, distributors, and retailers.
ChannelEngine previously raised about €1 million.