About ChannelEngine
ChannelEngine is a company based in Leiden (Netherlands) founded in 2013 by Jorrit Steinz.. ChannelEngine has raised $57.29 million across 3 funding rounds from investors including Atomico, General Catalyst and Inkef. ChannelEngine has completed 2 acquisitions, including Retail Data Partners and Vendiro. ChannelEngine operates in a competitive market with competitors including THREECOLTS, Oddity Tech, Workarea, Volta and Minubo, among others.
- Headquarter Leiden, Netherlands
- Founders Jorrit Steinz
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$57.29 M (USD)
in 3 rounds
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Latest Funding Round
$50 M (USD), Series B
Mar 15, 2022
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Investors
Atomico
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Retail Data Partners
& 1 more
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Funding Insights of ChannelEngine
ChannelEngine has successfully raised a total of $57.29M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in March 2022. 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 Total Funding
- Total Rounds 3
- Last Round Series B — $50.0M
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First Round
First Round
(07 Nov 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series B - ChannelEngine | Valuation | Atomico | |
| Jan, 2021 | Amount | Series A - ChannelEngine | Valuation | Inkef | |
| Nov, 2018 | Amount | Seed - ChannelEngine | Valuation | Airbridge Equity Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ChannelEngine
ChannelEngine has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Atomico, General Catalyst and Inkef. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Tech-based companies are invested in by Atomico venture capital fund.
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Founded Year | Domain | Location | |
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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AI, deeptech, and healthcare tech companies are funded by Inkef.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ChannelEngine
ChannelEngine has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Retail Data Partners and Vendiro. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Sales analytics and catalog data are provided to Amazon vendors.
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2021 | ||||
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Marketplace integration software is offered to retailers and brands.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ChannelEngine
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Channelengine Comparisons
Competitors of ChannelEngine
ChannelEngine operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as THREECOLTS, Oddity Tech, Workarea, Volta and Minubo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Operation management software is provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
Wholesale distribution of beauty products is managed by Oddity Tech.
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| domain | founded_year | HQ Location |
Cloud-based software is utilized to build online stores for e-tailers.
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| domain | founded_year | HQ Location |
Volta is focused on transforming B2B commerce through AI technology.
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| domain | founded_year | HQ Location |
Data-driven decision support software is provided for ecommerce analytics.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Channelengine
Frequently Asked Questions about ChannelEngine
When was ChannelEngine founded?
ChannelEngine was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is ChannelEngine located?
ChannelEngine is headquartered in Leiden, Netherlands. It is registered at Leiden, South Holland, Netherlands.
Who is the current CEO of ChannelEngine?
Jorrit Steinz is the current CEO of ChannelEngine. They have also founded this company.
Is ChannelEngine a funded company?
ChannelEngine is a funded company, having raised a total of $57.29M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.26M, raised on Nov 07, 2018.
What does ChannelEngine do?
ChannelEngine was founded in 2013 in Leiden, Netherlands, as a provider in the e-commerce sector. A cloud-based platform is offered to multichannel sellers, enabling product listings and sales across various online marketplaces. Operations include integration for orders and returns, automated repricing, shipping coordination, delivery tracking, and sales management. The service supports merchants in managing inventory and fulfillment across digital channels.
Who are the top competitors of ChannelEngine?
ChannelEngine's top competitors include Oddity Tech, THREECOLTS and Volta.
How many acquisitions has ChannelEngine made?
ChannelEngine has made 2 acquisitions, including Retail Data Partners, and Vendiro.
Who are ChannelEngine's investors?
ChannelEngine has 4 investors. Key investors include Atomico, General Catalyst, Inkef, and Airbridge Equity Partners.
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