French startup Stockly is raising a $12 million Series A round (€12 million) from Eurazeo, Daphni and several business angels. The company pools together the inventory of several e-commerce websites. When a retailer is out-of-stock on a popular item, they can still accept the order and process the order through a different retailer’s inventory.
This startup is a network play. As Stockly grows, its product becomes more interesting because there are more partner retailers on the platform. Some of Stockly’s customers include Galeries Lafayette, Jonak, Go Sport and Decathlon.
If there are multiple suppliers that can fulfill an order, Stockly automatically picks a retailer based on several criteria, such as price, dista …
