About ChannelApe
ChannelApe is a Technology company based in New York (United States) founded in 2015 by Jason DePietropaolo and Michael Averto. Cloud-based inventory management is provided for fashion brands. It operates in the Technology and Retail sectors. ChannelApe has raised $3.72 million across 3 funding rounds from investors including Ben Franklin Technology Partners, Upside Partnership and Supernode Ventures. The company has 14 employees. Its chief executive, as recorded, is Michael Averto. ChannelApe offers products and services including Inventory Management Tool, Order Management System, Fulfillment Platform, and Dashboard and Reports. Its focus areas include E-Commerce Enablers, Operations Management, Diversified and Fashion Brands. Its legal entity is ChannelApe, Inc. Its competitors include Wooqer, Printful and REEF; 2 of its 3 listed competitors have raised funding.
Company details
ChannelApe was founded in 2015 in New York, United States, as a platform focused on operational management for fashion brands. Cloud-based solutions are offered to handle inventory across multiple channels, including product listings and stock level adjustments. A rules-based engine is utilized for automated inventory distribution based on channel demands. Additional capabilities encompass tracking, accounting, reporting, analytics, kitting, and automated product imports for businesses of varying sizes.
- Headquarters New York, United States
- Employees 14
- Founders Jason DePietropaolo, Michael Averto
- SectorsTechnologyRetail
- Email••••••••
- Website channelape.com
- Social LinkedIn X Facebook
- Legal Name Channelape, Inc.
- Total Equity Funding$3.72M (USD)
in 3 rounds
- Latest Funding Round$726.63K (USD), Seed
Oct 2023
- InvestorsBen Franklin Technology Partners
& 3 more
- Employee Count14
Products & Services of ChannelApe
ChannelApe offers a comprehensive portfolio of products and services, including Inventory Management Tool, Order Management System, Fulfillment Platform, and Dashboard and Reports.
Platform for tracking multi-location inventory and expiration dates
System to automate fulfillment rules and handle pre-sale orders
Tool for managing warehouses, SLAs, and partner integrations
Interface for monitoring inventory, inbounds, and performance metrics
Funding Insights of ChannelApe
ChannelApe has successfully raised a total of $3.72M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $726.63 thousand completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.72M
- Total Rounds 3
- Last Round Seed — $726,633
- First Round $100,000
(Jul 2016)
- Investors Count 4
All 3 funding rounds of ChannelApe with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $726,633 | Seed | – | – | – |
| Jun 2019 | $2.9M | Seed | – | Upside Partnership, Supernode | – |
| Jul 2016 | $100,000 | Seed | – | Ben Franklin Technology Partners | – |
4 investors in total: 4 institutional.
Investors in ChannelApe
ChannelApe has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Ben Franklin Technology Partners, Upside Partnership and Supernode Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused seed-stage VC investment company | upsidevc.com | San Francisco, United States | ||
Early-stage tech investments are made by Supernode Ventures. | 2017 | supernode.vc | New York, United States | |
Seed-stage tech investments in US companies are funded. | afore.vc | San Francisco, United States | ||
Investment and support are provided for Pennsylvania's tech-based companies. | 1983 | benfranklin.org | State College, United States |
Investor details for ChannelApe
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of ChannelApe
4 people are tracked at ChannelApe (3 in leadership, 1 in team); the tracked headcount is 14.
| Name | Role | Group |
|---|---|---|
Jason DePietropaolo | Co-Founder | Leadership |
Michael Averto | Founder & CEO | Leadership |
Mike Averto | Founder & CEO | Leadership |
Neil Opet | Product | Team |
Complete people profiles for ChannelApe
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of ChannelApe
3 dated milestones of ChannelApe across 8 years, from founding to its latest funding, stage changes and deals.
- Founded ChannelApe is founded.
- Funding First funding round of $100K.
- Funding Latest funding round, Seed, of $727K.
Competitors of ChannelApe
ChannelApe has 3 listed competitors in our database, 2 of them funded. They include Wooqer, Printful and REEF.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wooqer.com | 2014 | San Jose, United States | 96 | Digital platform streamlining operational workflows, audits, and team coordination | ||
| printful.com | 2013 | Charlotte, United States | $130M | 749 | On-demand custom printing and fulfillment services are provided for e-commerce. | |
| reeftechnology.com | 2013 | Miami, United States | $768.38M | 7,150 | REEF is focused on connecting goods and services to local neighborhoods through digital solutions. |
Detailed competitors of ChannelApe
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of ChannelApe
The website of ChannelApe (channelape.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▼ 6.5% vs previous month
Websites whose visitors overlap most with ChannelApe. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ecomdash.com | 100% | 3.4K | #4,820,555 | View details |
Top companies in Brand & Marketing Technology
3 companies that operate in the same segment as ChannelApe (Brand & Marketing Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
SaaS email marketing solutions are offered to e-commerce businesses. | 2012 | Boston, Massachusetts, United States | USD 778.5 M | USD 1.23 B | 3,008 | |
Platform acquiring Amazon FBA brands | 2018 | Walpole, Massachusetts, United States | USD 3.4 B | 233 | ||
SaaS-based collaborative commerce solutions are provided for brands and retailers. | 2000 | New York, New York, United States | USD 365 M | USD 240.52 M | 2,144 |
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Frequently Asked Questions about ChannelApe
ChannelApe was founded in 2015 and raised its 1st funding round 1 year after it was founded.
ChannelApe is headquartered in New York, United States. It is registered at New York, New York, United States.
Michael Averto is the CEO of ChannelApe, as recorded in our data. They have also founded this company.
ChannelApe is a funded company, having raised a total of $3.72M across 3 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Jul 2016.
ChannelApe has 14 employees.
ChannelApe was founded in 2015 in New York, United States, as a platform focused on operational management for fashion brands. Cloud-based solutions are offered to handle inventory across multiple channels, including product listings and stock level adjustments. A rules-based engine is utilized for automated inventory distribution based on channel demands. Additional capabilities encompass tracking, accounting, reporting, analytics, kitting, and automated product imports for businesses of varying sizes.
ChannelApe offers Inventory Management Tool, Order Management System, Fulfillment Platform, and Dashboard and Reports.
ChannelApe has 4 investors. Key investors include Ben Franklin Technology Partners, Upside Partnership, Supernode Ventures, and Afore Capital.
ChannelApe operates through Channelape, Inc..