Monday, July 25, 2022
HomeProduct ManagementGross sales Layer Announce $25m Collection B Funding Spherical

Gross sales Layer Announce $25m Collection B Funding Spherical

It’s an thrilling time to be part of Gross sales Layer, as immediately we announce a massively profitable Collection B funding spherical. Led by PeakSpan Capital, and backed by our authentic Collection A buyers Brilliant 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 workforce had a really elaborated thesis round e-commerce, provide chain and digital transformation, the place PIM performs a vital position. 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 Collection A buyers Brilliant Pixel and Swanlaab, Collection B funding has reached $25m.

The success of our Collection B funding marks one other main milestone for Gross sales Layer as we proceed to double our development year-on-year. Our profitable Collection B spherical follows on from the $3.5m we raised in 2020 with Collection A funding from Swanlaab and Brilliant 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 help of PeakSpan, Brilliant Pixel and Swanlaab, we are able to now additional put money into experience to assist drive Gross sales Layer and our PIM in 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 longer term with Gross sales Layer and see ample alternatives to scale the workforce, product and buyer base.”

Jack Freeman, Accomplice at PeakSpan Capital

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

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

Miguel Bagulho, Chief Funding Officer at Brilliant Pixel Capital

The PIM market has been estimated to succeed in 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 corresponding to CRM and ERP over the following few years. Right here at  Gross sales Layer we have been counseled for our straightforward usability, excellent customer support and progressive method to advertising.

“We’ve got been accompanying the Gross sales Layer workforce 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 section comes as no shock since Gross sales Layer has constantly demonstrated its potential for turning into a worldwide key participant within the house”.

Mark E. Kavelaars, Managing Accomplice at Swanlaab

With this new spherical of funding, comes the chance to additional broaden our experience in response to our rising community of consumers and companions. This can be pivotal in persevering with to ship the progressive roadmap for our PIM software program that customers have come to anticipate.

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 corporations in each the B2B and B2C sectors. Gross sales Layer is a market-leader in 25+ nations, with a primary score amongst customers on platforms corresponding to G2. The corporate is proud to companion with Google Producer, Amazon Vendor, Mercado Libre and BigCommerce. Amongst its consumer roster, we boast such manufacturers as Cepsa, Teka, Tupperware, Titanlux, Repsol and ACCIONA.

About PeakSpan Capital

PeakSpan Capital are a development fairness agency based mostly in New York Metropolis and San Mateo, who presently maintain a $1.5bn+ portfolio. They’re on a mission to ascertain themselves because the companion of alternative for progressive software program corporations within the development stage. By way of this goal, they’ve recognized Gross sales Layer as a super companion and have joined our current buyers in supporting to scale and evolve our international main PIM. PeakSpan are providing high-level experience, business perception and market efficiency analytics to assist us drive development and disrupt the PIM market.

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