nChannel
Latest round
- Series A
Last raised
- Apr 2013
Total raised
- $2.4M
Investors
- 5
About nChannel
nChannel, Inc.Founded in 2011 in Columbus, US, nChannel, Inc. specializes in integrating eCommerce, ERP, POS, and 3PL systems to optimize retail and wholesale operations. The company has engaged in a total of 8 deals. Jeff Grundey leads the company as CEO, building on his prior entrepreneurial experience.nChannel specializes in cloud-based integration solutions designed to streamline operations across eCommerce, ERP, POS, and 3PL systems. Their core offerings include a range of connectors for platforms such as BigCommerce, Microsoft Dynamics, Magento, NetSuite, Shopify, and Lightspeed, which allow businesses to synchronize inventory, automate order processing, and enhance customer experiences. The solutions are tailored to address challenges faced by mid-market companies in managing inventory accuracy, reducing manual data entry, and improving operational efficiency.nChannel generates revenue primarily through subscription-based models for its integration solutions, providing clients with ongoing access to its platform and support services. Clients, which include retailers and wholesalers, engage in transactions structured around these subscription plans, allowing them to utilize the connectors for their specific systems. For example, a retailer leveraging the BigCommerce connector would pay a recurring fee to ensure real-time inventory synchronization and automated order fulfillment, enhancing their operational capabilities.The company plans to expand its product offerings with new integrations and features aimed at enhancing user experience. This initiative is part of their strategy to penetrate additional markets, particularly targeting regions within North America and Europe by the end of 2024.
Who invested in nChannel
5 investors across 1 round
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Funding rounds
Series A
Apr 30, 2013
Amount
$2.4M
Investors
Questions about nChannel
Who invested in nChannel?
nChannel has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has nChannel raised?
nChannel has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did nChannel last raise money?
nChannel's most recent round on record is a Series A, in Apr 2013.
What does nChannel do?
nChannel is a software company.
Where is nChannel headquartered?
nChannel is headquartered in Columbus, US.
Which VCs invest in companies like nChannel?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at nChannel's stage. Their profiles are linked below.
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