# Orderchamp

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/orderchamp-b-v

- Industry: Internet
- Headquarters: Amsterdam, Netherlands
- Website: www.orderchamp.com
- Total disclosed funding: $24M
- Latest round: Series A (May 5, 2021)
- Investors on record: 2

## About

Orderchamp B.V. operates a digital B2B wholesale marketplace connecting brands with retailers, facilitating easy access to a diverse range of products across Europe.Founded in 2019 and headquartered in Amsterdam, Netherlands, Orderchamp B.V. provides a B2B platform for brand-retailer transactions. The company was co-founded by Dennis Cuijpers, Joost Brugmans, Max Verduyn, Menno Wolvers, and Ruud Stelder. In May 2021, Orderchamp raised EUR 16.8 million in Series A funding led by Prime Ventures, with participation from henQ. This funding round brought the total amount raised to EUR 16.8 million, supporting the company's expansion plans.Orderchamp’s primary offering is a digital B2B wholesale marketplace that facilitates the buying and selling of products between brands and retailers. The platform hosts over 7,000 brands across Europe, providing retailers with direct access to a vast selection of products including home goods, fashion, health and beauty items, and more. Retailers can explore and order from these brands at competitive prices and low minimum order quantities through a centralized online portal. The service is designed for independent retail businesses looking to enhance their product catalog without the burden of carrying inventory; it allows for instant cross-selling and easy reordering of products. Orderchamp operates primarily in European markets, serving diverse retail clients who are seeking unique, sustainable products that align with contemporary consumer values.Orderchamp generates revenue primarily through the transactions that occur on its wholesale marketplace, which operates on a B2B model. Retailers, once approved, can access wholesale prices and place orders directly from brands listed on the platform. The transaction structure typically involves retailers purchasing products in bulk at lower prices with an average minimum order amount of less than EUR 100 per brand. The company also offers a 'Buy now, pay later' payment option for up to 60 days, encouraging retailers to stock more items while managing cash flow effectively. Free shipping is provided for orders exceeding EUR 250, further incentivizing larger purchases. This model allows Orderchamp to maintain a consistent revenue stream while also benefiting its retailer clients through cost-effective purchasing solutions.In May 2021, Orderchamp B.V. raised EUR 16.8 million in Series A financing, which will be utilized to increase the company's international footprint, enhance the digital purchasing experience, and further develop the technology to better serve customers. The company plans to expand its operations into additional European markets to reach a broader customer base. Specific new products are in the design phase, although no release dates have been publicly announced.

## Funding rounds

- Series A, May 5, 2021, $20M — Prime Ventures, henQ
- Seed, Sep 22, 2020 — henQ
- Seed, Sep 10, 2019, $3.3M — henQ

## Investors

- henQ (https://capitalatlas.ai/funds/henq) — Seed, Series A
- Prime Ventures — Series A