Ankorstore

B2B marketplace connecting small businesses and independent brands

Retail
B2B
Marketplace
Consumer Goods
eCommerce

Company mission

To promote the development and growth of local and authentic retailers and help European brands expand their customer base.

Employees

201-500

OTTA INSIGHTS

Many candidates hear
back within 2 weeks

40% female employees

-43% employee growth in 12 months

Otta's take on Ankorstore

Theo Margolius headshot

Theo Margolius

COO of Otta

Ankorstore was founded on the belief that independent retailers are fundamental to the soul and identity of local towns and cities. It helps them flourish by providing retailers with great purchasing conditions and tools.

Ankorstore is attempting to build the largest European marketplace to connect authentic brands with thousands of independent retailers. It inspires retailers with a large and distinctive range of products, as well as helping them to work with brands under unique conditions.

These include having all brands paid at reception, 60-day payment for retailers, and free delivery offered. Its website carefully selects exceptional products all across Europe, and a minimum checkout of £300 to allow retailers to gain flexibility and turn over its stock regularly.

Offering great products in every sector from Kids and Home and Living to Grocery, Beauty, and Fashion, Ankorstore is enabling brands - including Jane Eymar, SpiceNerds, and Jeux d'Enfants - to maximise their sell-through and turn their inventories regularly. With this approach and unicorn status achieved in 2022, Ankorstore is helping independent retailers and brands all across Europe.

Total funding - $416.5m

Last 2 fundraises

May 2021

$100m

SERIES B

Jan 2022

$283m

SERIES C

This company has top investors

Company benefits

  • Strong Purpose Big Impact
  • Attractive remuneration packages
  • Diverse & Global For Real !
  • Grow. Continuously! Realize the unimagined
  • Flexible work arrangements

Company values

  • Wild Ambition
  • Radical
  • Focus
  • Simple more than smart
  • Empowerment

Founders

Before investing in +10 marketplaces, they were a Consultant for +9 years in a top management firm, advising leaders on strategy. They co-founded A Little Market and were a board member of BackMarket.

Nicolas Cohen

(Co-Founder)

They are an entrepreneur, investor and active member of the French Tech ecosystem. Co-founded A Little Market, eventually sold to Etsy, where they were a Continental Europe Director for 3,5 years.

Mathieu Alengrin

(Co-Founder)

They worked as a Developer for SNCF, RTE & Adael Wireless before working as Head of Engineering at Vestiaire Collective. They co-founded Ankorstore with Pierre and Nicolas in 2019.

They gained extensive managing experience in the consumer goods industry, working as VP of Europe at Lolë and then at Etsy as Country Manager. In March 2019, they co-founded Ankorstore.

Diversity & Inclusion at Ankorstore

Sophie Walsh headshot

Sophie Walsh (People Partner)

  • We provide unconscious bias training to all training managers
  • We actively partner with external organisations and job boards that help generate a diverse pool of candidates and educate us on maintaining an inclusive hiring process
  • We collect and track our data to ensure we are learning and constantly improving
  • We have objective internal mobility and promotion processes to ensure it's always the best person for the job who gets the role
  • +45 nationalities
  • We’re committed to enhancing the experience of women in the Tech industry and we believe transparency is key to progress. That’s why we’re pleased to share our result of 73 from 50inTech’s Gender Score test, which sets us as an industry pacemaker in their rankings.

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