Ankorstore is an online B2B marketplace that connecting up-and-coming brands with neighbourhood retailers.
Ankorstore is building a wholesale marketplace that connects independent shop owners with brands selling household supplies, maple syrup, headbands, bath salts, stationery items and a lot more.
Ankorstore was founded in 2019 by Pierre-Louis Lacoste, Nicolas d'Audiffret, Nicolas Cohen, and Mathieu Alengrin. The company is headquartered in Paris, France.
Ankorstore lets independent brands sell their products to independent retailers. Those retailers can then sell those products to their own customers. It’s a B2B2C play with a focus on offline sales at the end of the chain.
Ankorstore sells products in 23 European markets. Retailers can pay up to 60 days after ordering something and there are no hidden fees for them. Essentially, Ankorstore helps retailers focus on curation, while the startup takes care of procurement.
Ankorstore currently has 200,000 retailers using the marketplace and sourcing items from 15,000 brands. The startup already has a deal with UPS to help brands with shipping.
Ankorstore is backed by Tiger Global, Bain Capital, Index Ventures, Bond, Eurazeo, Coatue, GFC, Alven, Aglaé, and others. The company raised $283M in Series C round on Jan 10, 2022. This brings Ankorstore's total funding to $421.5M to date. The latest round valued the company at $2B (€1.75B) post-money.