Akeneo
Latest round
- Series D
Last raised
- Jun 2022
Total raised
- $144M
Investors
- 6
About Akeneo
Founded in 2013, Akeneo, located in Nantes, France, specializes in product information management, enabling businesses to optimize their product data handling. The company was co-founded by Nicolas Dupont and Yoav Kutner.Akeneo specializes in product information management (PIM) solutions designed to enhance the efficiency of managing and sharing product data across various channels. Their core offering, the Akeneo Product Cloud, enables businesses to centralize, enrich, and activate product information, facilitating seamless integration with over 500 retailers and marketplaces. This platform caters primarily to enterprise-level clients in sectors such as retail, manufacturing, and eCommerce, empowering them to create unified product experiences that drive customer engagement and conversion. Key functionalities include the Supplier Data Manager for onboarding supplier information and shared catalogs for secure data sharing, which collectively address the challenges of inconsistent product information and streamline omnichannel strategies.Akeneo generates revenue primarily through subscription-based pricing models for its PIM solutions, with clients typically engaging in annual contracts that provide access to their suite of services. Transactions between Akeneo and its clients involve tiered pricing structures based on the specific features and scale of deployment required; this allows businesses to select packages that best align with their operational needs. The flagship Akeneo Product Cloud, along with ancillary offerings such as the Supplier Data Manager and PX Insights, form the basis of these transactions, providing value through enhanced product data management capabilities. Clients range from B2B partners to direct-to-consumer retailers, thereby ensuring a broad spectrum of revenue streams across different market segments. The company aims to enhance its product offerings and is focused on expanding into new geographic regions, specifically targeting growth in North America and Asia by the end of 2023. Future products are currently in development, aimed at further streamlining product data management for their clients.
Who invested in Akeneo
6 investors across 7 rounds
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Funding rounds
Series D
Jun 14, 2022
Amount
$84M
Investors
Series C
Dec 27, 2019
Amount
$40M
Investors
Series C
Jan 22, 2019
Amount
$5.9M
Investors
Series C
Mar 17, 2017
Amount
$9.7M
Investors
Series B
May 13, 2016
Amount
$1.1M
Investors
Series B
Nov 10, 2014
Amount
$2.4M
Investors
Seed
Sep 4, 2013
Amount
$0.5M
Investors
Questions about Akeneo
Who invested in Akeneo?
Akeneo has 6 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Akeneo raised?
Akeneo has raised 7 venture rounds. Sign up free to see how much each round raised and the total.
When did Akeneo last raise money?
Akeneo's most recent round on record is a Series D, in Jun 2022.
What does Akeneo do?
Founded in 2013, Akeneo, located in Nantes, France, specializes in product information management, enabling businesses to optimize their product data handling.
Where is Akeneo headquartered?
Akeneo is headquartered in Nantes, France.
Which VCs invest in companies like Akeneo?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Marktlink Capital back software companies at Akeneo's stage. Their profiles are linked below.
VCs backing software startups at Series D
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