# ChannelAdvisor Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/channeladvisor

- Industry: Software
- Headquarters: Morrisville, US
- Website: www.channeladvisor.com
- Total disclosed funding: $79M
- Latest round: Series C (Sep 10, 2008)
- Investors on record: 12

## About

ChannelAdvisor Corporation is a leading provider of cloud-based e-commerce solutions that empower businesses to optimize their online sales through strategic multichannel marketing and inventory management.Founded in 2001 and headquartered in Morrisville, US, ChannelAdvisor Corporation specializes in e-commerce solutions that facilitate the selling of products across various online marketplaces. The company completed its latest funding round, Public to Private, raising USD 660.00 mn led by Rithum Holdings, Inc., with participation from GTCR, Goldman Sachs Merchant Banking Division, Insight Partners, and Sycamore Partners. The firm has successfully executed 10 deals to date, including an IPO in May 2013 that raised USD 81.2 mn. The founder's history is not detailed in the available information.ChannelAdvisor offers a comprehensive suite of e-commerce solutions aimed at launching and scaling businesses through various partnership models, such as dropshipping and curated marketplaces. Its platform employs artificial intelligence to streamline supplier identification, automate marketing and fulfillment, and centralize multichannel strategies across over 420 marketplaces. Their services cater to more than 40,000 brands and retailers in North America, Europe, and Asia, spanning sectors like fashion, beauty, electronics, and homeware.In 2022, ChannelAdvisor reported a revenue of USD 172.12 mn and an EBITDA of USD 21.89 mn, primarily generated through partnerships and subscriptions with brands and retailers utilizing their e-commerce platform.ChannelAdvisor is focused on enhancing its e-commerce platform with the development of new products aimed at improving client experiences and optimizing inventory management processes. The company plans to expand its services into new markets, with specific targets in Asia and Europe by the end of 2023. The recent funding of USD 660.00 mn will be strategically allocated to support these growth initiatives, including product development and geographic expansion efforts.

## Funding rounds

- Series C, Sep 10, 2008, $16M — Advanced Technology Ventures, New Enterprise Associates, Kodiak Venture Partners, Bull City Venture Partners, eBay Inc., Southern Capitol Ventures
- Series C, Apr 26, 2007, $30M — Advanced Technology Ventures, New Enterprise Associates, Kodiak Venture Partners, eBay Inc., Southern Capitol Ventures, Tristate Investment Group
- Series B, Apr 19, 2006, $3M — Advanced Technology Ventures, Kodiak Venture Partners, Greenspring Associates, Tristate Investment Group, Atlas Capital
- Series B, Apr 28, 2005, $18M — Advanced Technology Ventures, Kodiak Venture Partners, Blue Sky Ventures, Atlantis Group, eBay Inc., Southern Capitol Ventures, Tristate Investment Group
- Series A, Dec 18, 2003, $6.7M — Kodiak Venture Partners, Atlantis Group, eBay Inc., Southern Capitol Ventures, Tristate Investment Group
- Series B, Apr 11, 2002, $5.7M — Genesis Partners, Atlantis Group, eBay Inc., Southern Capitol Ventures, Tristate Investment Group

## Investors

- Genesis Partners (https://capitalatlas.ai/funds/genesis-partners) — Series B
- Atlantis Group — Series B, Series A
- eBay Inc. — Series B, Series A, Series C
- Southern Capitol Ventures (https://capitalatlas.ai/funds/southern-capitol-ventures) — Series B, Series A, Series C
- Tristate Investment Group — Series B, Series A, Series C
- Kodiak Venture Partners (https://capitalatlas.ai/funds/kodiak-venture-partners) — Series A, Series B, Series C
- Advanced Technology Ventures (https://capitalatlas.ai/funds/advanced-technology-ventures) — Series B, Series C
- Blue Sky Ventures (https://capitalatlas.ai/funds/blue-sky-ventures) — Series B
- Greenspring Associates (https://capitalatlas.ai/funds/greenspring-associates) — Series B
- Atlas Capital — Series B
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series C
- Bull City Venture Partners (https://capitalatlas.ai/funds/bull-city-venture-partners) — Series C