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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 right now 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 staff 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 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 assist of PeakSpan, Brilliant Pixel and Swanlaab, we are able to now additional spend money on 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 world foundation. We’re excited for the long run with Gross sales Layer and see ample alternatives to scale the staff, 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 assist 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 assist for Gross sales Layer in its new part of development. We all know firsthand how necessary 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 Brilliant 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 subsequent few years. Right here at  Gross sales Layer we have been recommended for our simple usability, excellent customer support and modern method to advertising.

“We’ve got been accompanying the Gross sales Layer staff 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 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 develop our experience in response to our rising community of shoppers and companions. This can 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 based mostly in New York Metropolis and San Mateo, who at the moment 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 this goal, they’ve recognized Gross sales Layer as a really perfect associate 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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