elopage raised €32 million in a round led by Target Global.

elopage, a Berlin, Germany-based SAAS company providing a tool designed for selling and automating digital products, online courses and subscriptions, announced raising €32 million ($38.8M).

The money was raised from investors led by Target Global with Partech Ventures and Avid Ventures participating.

elpage, founded in 2015 by Özkan Akkilic and Tolga Önal, developed a SAAS platform that combines product creation, sales process, billing & dunning and access management in one software solution and offers numerous interfaces to external tools and automation options. The company, which has been bootstrapped priot to this round, says that it is a platform and payment provider of choice to some 40,000 digital businesses.