It’s an thrilling time to be part of Gross sales Layer, as at the moment we announce a vastly profitable Sequence B funding spherical. Led by PeakSpan Capital, and backed by our authentic Sequence 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 group had a really elaborated thesis round e-commerce, provide chain and digital transformation, the place PIM performs an important 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 Sequence A buyers Brilliant 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 progress 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 Brilliant Pixel.
This 12 months 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 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 12 months 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 group, product and buyer base.”
Jack Freeman, Companion at PeakSpan Capital
This second spherical of funding was additionally participated in by authentic Sequence A buyers, Swanlaab and Brilliant Pixel Capital. Their $3.5m funding in 2020 has proved essential in driving Gross sales Layer’s 100% progress year-on-year. The help and confidence of our Sequence A buyers 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 help for Gross sales Layer in its new section of progress. We all know firsthand how necessary product data is, and the Gross sales Layer system performs a key position 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 progress of 25% CAGR. World analysts together with IDC assert that this progress will outpace different ecommerce expertise reminiscent of 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 revolutionary method to advertising and marketing.
“We’ve been accompanying the Gross sales Layer group 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 repeatedly demonstrated its potential for turning 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 develop our experience in response to our rising community of consumers and companions. This will likely be pivotal in persevering with to ship the revolutionary 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. Based mostly 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+ international locations, with a primary score amongst customers on platforms reminiscent of 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 progress 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 ascertain themselves because the companion of selection for revolutionary software program firms within the progress stage. By this goal, they’ve recognized Gross sales Layer as a really perfect companion and have joined our current buyers in supporting to scale and evolve our world main PIM. PeakSpan are providing high-level experience, business perception and market efficiency analytics to assist us drive progress and disrupt the PIM market.