Dutch e-commerce tool ChannelEngine raises €5 million Series A

DUI Lawyer's

ChannelEngine, a Dutch marketplace integration platform for e-commerce, has raised €5 million to pursue ambitious plans for global expansion. The Series A round was led by INKEF Capital, with participation from existing investor Airbridge Equity Partners. Founded in 2015, the startup’s platform helps brands and retailers to manage and optimise their product listings and orders across online sales channels. As so many businesses are moving to and relying on e-commerce during the pandemic, the SaaS tool is coming in handy. ChannelEngine reports that revenue growth more than tripled in 2020.

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