Fundraising Fox

Ankorstore

Unicorn Β· $2B

12 known investors

ankorstore.com β†—

Paris-based B2B wholesale marketplace connecting independent brands with local retailers across Europe.

Also known as Ankorstore SAS

Investors Β· 12

Also in the syndicate Β· 5

Anthemis GroupDavid SainteffleadFrederic MontagnonJohn CurtiusleadMerritt Hummerlead

Valuation Β· disclosed

Disclosed events
$2Bvaluation at Series CJan 2022
filing β†—

Source: SEC prospectus filings, and round valuations the company or its investors disclosed β€” follow each entry's link for the claim.

Company profile

researched Aug 2026

Ankorstore operates a business-to-business wholesale marketplace that connects independent and local brands with independent retailers such as boutiques, concept stores, grocers and coffee shops. Brands apply, are vetted by the marketplace (a decision reported within 48 hours) and upload product catalogues; retailers browse and order at wholesale prices. The company describes its structure as B2B2C, with the final sale happening offline in the retailer's shop. Ankorstore holds no inventory and operates no warehouses, positioning itself as a transaction and connection layer; co-founder Nicolas Cohen has compared the model to a professional network such as LinkedIn [1][2][6].

As of the 2022 sources the platform listed more than one million unique products across categories including home & living, grocery, kids, beauty and fashion, with sports & wellbeing and pets added in 2022 [2][6]. The public storefront organises listings into Home & Kitchen, Food & Drinks, Beauty & Wellness, Fashion & Accessories, Jewellery, Baby & Kids and Stationery & Hobbies, with wholesale prices shown only after sign-up [0]. Terms designed for small retailers include a minimum order of €100 per brand and payment terms of up to 60 days; brands are paid on delivery and shipping costs are reimbursed by Ankorstore, with free shipping to retailers on orders of at least €300 [5][6].

A later self-published product update (January 2026) describes a revised model with 0% commission on reorders, brand-configurable commercial terms (minimum order value, free-shipping threshold, shipping fees), guaranteed payment within two days, a one-off acquisition charge per new customer introduced by Ankorstore, and a payment solution called Aria offering retailers 60- and 90-day deferred payment. The same update covers a brand performance dashboard, centralised discounts and offers including Ankorstore Plus member offers, order-delay declaration, post-acceptance order editing, a unified retailer contact view with AI-assisted email campaigns, and 2026 carrier pricing with UPS and DHL [7].

Founding story

Founded in November 2019 by four French e-commerce entrepreneurs: Pierre-Louis Lacoste (former Etsy France country manager and previously a shop owner and clothing-brand manager), Nicolas d'Audiffret and Nicolas Cohen (founders of A Little Market), and Mathieu Alengrin (former Head of Engineering at Vestiaire Collective). Lacoste has said the idea grew from his own experience as a retailer, brand manager and Etsy executive rather than a single insight, with the aim of giving independent retailers technology comparable to large chains. The name derives from the retail term 'anchor store', a shop that drives footfall [2][5][6].

Business model

Two-sided marketplace with no owned inventory or warehousing; Ankorstore intermediates orders, payments and shipping between independent brands (supply) and independent retailers (demand), guaranteeing payment to brands on delivery while extending deferred payment terms to retailers, with upfront payments to brands financed through a third party rather than its own working capital [1][6].

Commission charged to brands on transactions: historically 20% on a brand's first order with a new retailer and 10% on reorders from the same retailer, with no additional fees; the commission covers payment guarantee, retailer payment facilities and full or partial shipping reimbursement. A revised model published in January 2026 states 0% commission on reorders and a one-time B2B acquisition charge per new customer introduced by the platform [1][6][7].

Traction

At the January 2022 Series C the platform reported 200,000 retailers and 15,000 brands across 23 European countries, up from 50,000 retailers and 5,000 brands at the May 2021 Series B; more than 11,000 brands registered during 2021 and sales volume grew 950% between 2020 and 2021. The platform listed over one million unique products and reported 2.5 million brand-retailer connections and about 400 employees. In 2021 Ankorstore launched in the UK and reported a 3x sales increase after stores reopened; Nicolas Cohen said most revenue came from international markets rather than France, citing the UK, Germany, Netherlands and Sweden as growth markets [1][2][6].

Latest developments

A company product update dated 12 January 2026 announced a simplified Ankorstore model with 0% commission on reorders, brand-set commercial terms, guaranteed payment within two days, a one-off acquisition fee per new customer, and the Aria payment solution enabling 60- and 90-day deferred payment for more retailers. It also introduced a personalised brand dashboard, a centralised Discounts & Offers space including Ankorstore Plus-only offers, order delay declaration, order editing after acceptance, a unified 'My Network' retailer contact view with AI-assisted campaign generation, and an updated 2026 shipping price grid for UPS and DHL that reopened UPS shipping to International Zone 2 [7].

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Described by Index Ventures and by the company as the fastest-growing European B2B wholesale marketplace and category leader in Europe; the addressable independent trade sector in Europe is cited at over one trillion euros with roughly two million independent retailers. Competitors named in coverage are US-based Faire, which had raised over $1 billion and was expanding into Europe, plus European rivals Creoate and Orderchamp [1][2][5][6].

Positioned around terms favourable to small independents: a €100 minimum order per brand described by the company as unusually low for wholesale, up-to-60-day payment terms for retailers combined with payment to brands on delivery, shipping cost reimbursement, and no additional platform fees beyond commission. The asset-light model avoids warehouses and inventory, and the curated brand-approval process is intended to keep the assortment to independent or local businesses whose products are not sold by large e-commerce sites [1][5][6].

Technology

Marketplace platform handling catalogue publishing, multilingual listings, ordering, payments and shipping integrations; a partnership with UPS provides a 'Ship via Ankorstore' option and brands may alternatively use their own carrier and be reimbursed. Brand-side back-office tools include a performance dashboard with revenue, order and average-order-value tracking, product performance views, discount and offer configuration, order editing and delay declaration, and a retailer CRM view with AI-assisted multilingual email campaign generation [1][6][7].

Go-to-market

Self-service online onboarding with brand vetting, supported by local sales and customer-support teams in each market; local-language support (reported across more than 40 languages) and physical offices in core European countries, with growth via geographic expansion and addition of product categories [2][5][6].

Independent retailers (boutiques, concept stores, grocers, coffee shops and similar local shops) sourcing products, and independent or emerging consumer brands seeking a wholesale sales channel across Europe [1][2][6].

Geography

Headquartered in Paris, France. As of 2022 the company sold into 23 European countries with offices in Paris, London, Berlin, Amsterdam and Stockholm, and teams in France, the UK, Germany, the Netherlands and Sweden; it announced plans to open offices in Italy and Spain in 2022, and co-founder Lacoste described six offices across six European countries including Barcelona [1][2][5][6].

History

Ankorstore was founded in November 2019 and raised early seed capital the same year. A Series A followed in November 2020, a Series B in May 2021, and a €250 million ($283 million) Series C announced in January 2022 at a €1.75 billion ($2 billion) post-money valuation, roughly two years after launch. Over its first two years the company raised €365 million in total and grew to about 400 employees. In 2022 it added sports & wellbeing and pets to its five core categories and planned expansion into Italy and Spain. Coverage notes the founders had earlier launched A Little Market, a marketplace for handcrafted goods in France, in 2012. By January 2026 the company had published a revised marketplace model and new brand tooling [1][2][4][5][6][7].

Risks & controversies

The sources do not report controversies. Noted competitive pressure comes from Faire, which had raised over $1 billion and begun European expansion, as well as Creoate and Orderchamp [1]. Source [4] contains statements that conflict with primary coverage (for example a July 2019 founding by two founders, versus November 2019 by four founders reported elsewhere), so its unique claims should be treated cautiously.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Brand-retailer connections formedJan 20222,500,000 connections
Brands on platformJan 202215,000 brands
Brands registered during 2021Jan 202111,000 brands
Commission on first order with a new retailerJan 202220%
Commission on reordersJan 202210%
Commission on reorders (new model)Jan 20260%
EmployeesJan 2022400 people
European markets servedJan 202223
Free shipping threshold for retailersJan 2022300 EUR
Guaranteed payment to brands (new model)Jan 20262 days
Independent retailers on platformJan 2022200,000 retailers
Minimum order value per brandJan 2022100 EUR
Post-money valuationJan 2022$2B
Post-money valuation (EUR)Jan 2022$1.8B
Retailer payment termsJan 202260 days
Sales volume growth 2020 to 2021Jan 2021950%

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 6

launches, deals, and filings
Jan 2026
New Ankorstore commercial model and brand tooling announced

Product update introducing 0% commission on reorders, brand-defined commercial terms, payment guaranteed within two days, one-off acquisition charge per new customer, the Aria payment solution with 60- and 90-day retailer terms, a brand performance dashboard, centralised discounts and offers, order delay declaration, post-acceptance order editing, a unified retailer contact view with AI-assisted campaigns, and a 2026 UPS/DHL shipping price grid reopening UPS International Zone 2.

source β†—

Jan 2022
Ankorstore raises $283M (€250M) Series C at $2B valuation

Series C led by BOND and Tiger Global with Eurazeo and Coatue participating alongside existing investors Index Ventures, Bain Capital Ventures, GFC, Alven and Aglae Ventures; post-money valuation of €1.75 billion ($2 billion). BOND general partner Mood Rowghani joined the board.

$283M source β†—

Jan 2022
Planned office openings in Italy and Spain

Company stated it would open offices in Italy and Spain in 2022 to be closer to brands and retailers; Series C proceeds earmarked for geographic expansion.

source β†—

Jan 2022
Shipping partnership with UPS

Brands can use a 'Ship via Ankorstore' option based on the company's UPS partnership, or use their own carrier and be reimbursed.

source β†—

Jan 2022
Added sports & wellbeing and pets categories

Two new product categories added alongside the five core categories (home & living, grocery, kids, beauty, fashion).

source β†—

Jan 2021
UK launch

Ankorstore launched in the UK and reported a 3x increase in sales after government orders allowed stores to reopen.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Ankorstore do?
Paris-based B2B wholesale marketplace connecting independent brands with local retailers across Europe.
Who are Ankorstore's investors?
Ankorstore's investors include Aglae Ventures, Coatue Management, Index Ventures, TCV, Bain Capital Ventures, BOND, Tiger Global Management.