ChannelApe
Latest round
- Seed
Last raised
- May 2019
Total raised
- $2.9M
Investors
- 4
About ChannelApe
ChannelApe, Inc. delivers a robust data platform tailored for retail and e-commerce operations.Founded in 2015 in Scranton, US, ChannelApe, Inc. offers a data platform for retail and e-commerce. The founder, Mike Averto, has a history of entrepreneurship, further contributing to the company's strategic direction and development.ChannelApe specializes in providing a comprehensive data platform designed specifically for operations teams within retail and e-commerce sectors. Their core offerings encompass strategic inventory operations that integrate various aspects of business management, including sales, fulfillment, finance, and customer service. Key functionalities include real-time inventory tracking, order management, and fulfillment automation, aimed at eliminating the reliance on spreadsheets and disparate systems. The platform enables users to manage multi-status and multi-location inventories, facilitating optimal purchasing decisions and streamlined monthly closing processes. Customers span a wide range of retailers, including smaller businesses and larger brands looking to enhance their operational efficiency.ChannelApe generates revenue through a subscription-based model, offering its clients access to a suite of premium software tools tailored for inventory and order management. Clients typically include retailers and wholesalers who engage with the platform to facilitate smoother transactions and enhanced operational workflows. Revenue is derived from various tiers of service, which may include customizable solutions based on API integrations to meet specific client needs. For example, retailers may subscribe to ChannelApe's inventory management services, paying a recurring fee for access to advanced features such as dashboards, reporting tools, and automated fulfillment processes.In October 2023, ChannelApe, Inc. The company is planning to launch new features aimed at improving data integration and user experience. Additionally, ChannelApe is targeting expansion into new markets, including specific areas in Asia and South America, by the end of 2024, to broaden its client base and increase market reach.
Who invested in ChannelApe
4 investors across 2 rounds
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Questions about ChannelApe
Who invested in ChannelApe?
ChannelApe has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ChannelApe raised?
ChannelApe has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did ChannelApe last raise money?
ChannelApe's most recent round on record is a Seed, in May 2019.
What does ChannelApe do?
ChannelApe is a software company.
Where is ChannelApe headquartered?
ChannelApe is headquartered in Scranton, US.
Which VCs invest in companies like ChannelApe?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at ChannelApe's stage. Their profiles are linked below.
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