Tuesday, June 28, 2022
HomeProduct ManagementGross sales Layer Announce $25m Sequence B Funding Spherical

Gross sales Layer Announce $25m Sequence B Funding Spherical

It’s an thrilling time to be part of Gross sales Layer, as as we speak we announce a massively profitable Sequence B funding spherical. Led by PeakSpan Capital, and backed by our unique Sequence A traders Vibrant Pixel and Swanlaab, the spherical has seen us obtain an funding of $25m.

Álvaro Verdoy, our CEO and founder, commented on the funding that, “PeakSpan was the strongest VC candidate for Gross sales Layer. Their crew had a really elaborated thesis round e-commerce, provide chain and digital transformation, the place PIM performs a vital function. Moreover, PeakSpan’s expertise scaling European companies within the US will assist us to speed up our growth.”

Led by PeakSpan Capital, and backed by Sequence A traders Vibrant Pixel and Swanlaab, Sequence B funding has reached $25m.

The success of our Sequence B funding marks one other main milestone for Gross sales Layer as we proceed to double our development year-on-year. Our profitable Sequence B spherical follows on from the $3.5m we raised in 2020 with Sequence A funding from Swanlaab and Vibrant Pixel.

This yr at Gross sales Layer, we have already launched our UK workplace and have efficiently expanded our operations throughout Europe and the US. With the assist of PeakSpan, Vibrant Pixel and Swanlaab, we are able to now additional spend money on experience to assist drive Gross sales Layer and our PIM in the direction of our targets.

“We’ve recognized Gross sales Layer final yr as an rising participant with a transparent focus and alternative to win the B2B PIM house and have since witnessed the enterprise innovate and scale quickly on a worldwide foundation. We’re excited for the long run with Gross sales Layer and see ample alternatives to scale the crew, product and buyer base.”

Jack Freeman, Companion at PeakSpan Capital

This second spherical of funding was additionally participated in by unique Sequence A traders, Swanlaab and Vibrant Pixel Capital. Their $3.5m funding in 2020 has proved essential in driving Gross sales Layer’s 100% development year-on-year. The assist and confidence of our Sequence A traders has been demonstrated once more with their participation in Sequence B funding, reaffirming their dedication to our PIM in each B2B and B2C markets.

“We’re excited to proceed our assist for Gross sales Layer in its new part of development. We all know firsthand how essential product data is, and the Gross sales Layer system performs a key function in fixing issues for sellers, manufacturers and B2B firms.”

Miguel Bagulho, Chief Funding Officer at Vibrant Pixel Capital

The PIM market has been estimated to achieve a worth of $59bn by 2025, with development of 25% CAGR. World analysts together with IDC assert that this development will outpace different ecommerce expertise akin to CRM and ERP over the following few years. Right here at  Gross sales Layer we have been recommended for our simple usability, excellent customer support and modern strategy to advertising and marketing.

“We’ve been accompanying the Gross sales Layer crew since their preliminary seed spherical and 4 years after we’re extraordinarily assured of their capability to scale its distinctive providing within the B2B PIM sector. This new part comes as no shock since Gross sales Layer has constantly demonstrated its potential for changing into a worldwide key participant within the house”.

Mark E. Kavelaars, Managing Companion at Swanlaab

With this new spherical of funding, comes the chance to additional broaden our experience in response to our rising community of shoppers and companions. This will likely be pivotal in persevering with to ship the modern roadmap for our PIM software program that customers have come to count on.

About Gross sales Layer

Gross sales Layer was based in 2013 by Álvaro Verdoy and Iban Borràs. Primarily based in Spain, and establishing worldwide workplaces all through 2022, Gross sales Layer is a PIM software program firm providing an answer for centralizing, automating and enriching product data for firms in each the B2B and B2C sectors. Gross sales Layer is a market-leader in 25+ nations, with a primary ranking amongst customers on platforms akin to G2. The corporate is proud to associate with Google Producer, Amazon Vendor, Mercado Libre and BigCommerce. Amongst its shopper roster, we boast such manufacturers as Cepsa, Teka, Tupperware, Titanlux, Repsol and ACCIONA.

About PeakSpan Capital

PeakSpan Capital are a development fairness agency primarily based in New York Metropolis and San Mateo, who at present maintain a $1.5bn+ portfolio. They’re on a mission to determine themselves because the associate of selection for modern software program firms within the development stage. By way of this goal, they’ve recognized Gross sales Layer as a perfect associate and have joined our present traders in supporting to scale and evolve our world main PIM. PeakSpan are providing high-level experience, trade perception and market efficiency analytics to assist us drive development and disrupt the PIM market.

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