ChannelEngine serves as a pivotal bridge for retailers, enabling them to connect and sell across a vast network of over 700 marketplaces. By providing a comprehensive solution, ChannelEngine facilitates streamlined operations and economies of scale in areas such as fulfillment and delivery. With a clientele including industry-leading brands like Staples, Bosch, JDE, and Electrolux, ChannelEngine has emerged as a key player in the e-commerce landscape.
Industry
E-commerce, Marketplaces, SaaS
Company Size
~200
Headquartered
Leiden, The Netherlands
Founded
2013
Funding raised
€51.6 million (Atomico, General Catalyst, and Inkef)
ChannelEngine's growth mirrors the rise in e-commerce, seeing significant expansion as more people shop online. As the retail world changes, with companies turning into online marketplaces, ChannelEngine's goal to offer a wide e-commerce network is more important than ever. Even with worldwide challenges, the company's dedication to moving into new areas and providing value stays strong.
Navigating global economic changes was challenging for ChannelEngine, especially as the company grew into new areas, leading to a more complex business model. Also, to attract new customers, it was important to show the value of the service right away to help with conversion. Despite these challenges, ChannelEngine stayed committed to its mission to provide the most comprehensive and powerful e-commerce platform in the world.
In collaboration with the management team, our primary focus was on maximizing new ARR, with a strategic emphasis on acquiring new customers to drive growth. Key initiatives included:
Through strategic pricing and targeted initiatives, ChannelEngine continues to solidify its position as a leading facilitator of e-commerce expansion, empowering retailers to thrive in the digital marketplace landscape.
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