What is Alkemics?
Alkemics operates a sophisticated Supplier Experience Management platform designed to enhance the commercial relationships between retailers and their suppliers. The platform facilitates engagement across the entire supplier lifecycle, from initial sourcing and product discovery through to listing processes and omnichannel sales strategies. It is widely adopted by major retailers across Europe, enabling them to effectively manage and engage with over 20,000 brands. These brands, in turn, leverage Alkemics to boost their visibility among retailers and provide enhanced transparency to consumers by enabling seamless product catalog sharing across various channels.
How much funding has Alkemics raised?
Alkemics has raised a total of $51.8M across 3 funding rounds:
Series A
$5.4M
Series B
$22.5M
Series C
$23.9M
Series A (2015): $5.4M with participation from Partech International and Index Ventures
Series B (2016): $22.5M led by Index Ventures, Cathay Innovation, Serena, and Partech International
Series C (2020): $23.9M supported by Cathay Innovation, SEB, Index Ventures LLP, and Highland Europe LLP
Key Investors in Alkemics
Partech International
Partech International is a global investment firm with a broad investment capacity, focusing on seed, venture, and growth stages across multiple continents. They provide capital, operational experience, and strategic support to entrepreneurs in a wide range of technologies and businesses.
Index Ventures
Index Ventures is a venture capital firm that invests in entrepreneurs from seed to IPO, partnering with founders to build enduring companies. They have a global presence and a portfolio of well-known tech companies.
Cathay Innovation
Cathay Innovation is a global venture capital firm that supports entrepreneurs by connecting them to a worldwide ecosystem, investing in multi-stage startups making a positive impact through technology across various sectors.
What's next for Alkemics?
The recent major strategic investment signifies Alkemics' transition into a scaling phase, poised for significant market penetration and product development. With substantial backing, the company is strategically positioned to enhance its platform capabilities, expand its reach into new markets, and solidify its leadership in the Supplier Experience Management space. Future initiatives will likely focus on leveraging advanced data analytics and AI to further optimize supplier-retailer interactions and drive greater value for all stakeholders in the retail ecosystem.
See full Alkemics company page
