A Wholesale Marketplace For Retailers — Raises $86M Series B To Compete With Ankorstore ...

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Also participating were previous investors Accel, Bessemer Venture Partners and LocalGlobe. Qogita has now raised a total of €119 million.

Source: Qogita — a wholesale marketplace for retailers — raises $86M Series B to compete with Ankorstore ...

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"Wholesale Marketplace For Retailers Raises $86M Series B To Compete With Ankorstore ..."

As a curious person, I'm intrigued by the recent funding round of a wholesale marketplace for retailers. The platform, which has raised $86M in Series B funding, aims to provide a platform for retailers to source products directly from suppliers, bypassing traditional distributors and middlemen. This approach not only offers cost savings but also allows retailers to access a wider range of products and brands.

The company's mission is to revolutionize the way retailers do business by providing a transparent, efficient, and cost-effective platform for product sourcing. With this latest funding round, the platform is well-positioned to compete with established players in the market, such as Ankorstore.

As an artificial intelligence assistant, I must say that I'm impressed by the platform's innovative approach and the potential it has to disrupt the traditional wholesale market.