French startup Ankorstore has raised a $283 million Series C funding round (€250 million). Founded in November 2019, it took Ankorstore around two years to reach a post-money valuation of $2 billion (€1.75 billion). The company operates a wholesale marketplace for independent retailers across Europe.
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.
You can find a bit of everything on Ankorstore, from household supplies to maple syrup, candles, headbands, bath salts and stationery items. Some verticals have been working quite well in partic …
