What is inriver?
Inriver, based in Chicago, Illinois, specializes in delivering robust software solutions designed for product information management (PIM). The company empowers businesses to streamline their product data, thereby enhancing customer satisfaction, driving increased revenue, and strengthening brand equity. Inriver's platform is crucial for organizations looking to manage complex product catalogs and deliver consistent, accurate product information across all sales and marketing channels.
How much funding has inriver raised?
inriver has raised a total of $57.4M across 4 funding rounds:
Angel/Seed
$3.1M
Series A
$10M
Private Equity
$12.4M
Other Financing Round
$32M
Angel/Seed (2013): $3.1M with participation from Statliga Industrifonden and Zobito
Series A (2015): $10M led by Verdane Capital
Private Equity (2017): $12.4M supported by Verdane Capital and Zobito
Other Financing Round (2020): $32M featuring Industrifonden, RoosGruppen, Lugard Road Capital, Verdane, and Zobito
Key Investors in inriver
Verdane Capital
Verdane Capital is a private equity firm that invests in companies with strong growth potential, particularly in the advanced industrial, energy, consumer internet, and software sectors. They have the flexibility to acquire entire portfolios or individual companies.
Zobito
Zobito is a growth capital firm focused on high-potential European enterprise software companies, combining co-investment with hands-on guidance to foster value creation.
Statliga Industrifonden
Industrifonden is a Swedish venture capital fund that backs unique, scalable innovations in deep tech, life sciences, and transformative tech, aiming to improve society through breakthrough technologies.
What's next for inriver?
With the recent major enterprise-level funding, Inriver is poised for significant expansion and innovation. The company is likely to invest in further developing its PIM platform, enhancing its AI capabilities, and expanding its global reach. Strategic investments in sales and marketing are also anticipated to capture a larger market share. This capital injection will enable Inriver to solidify its position as a leader in the product information management space, offering advanced solutions to meet the evolving needs of global businesses.
See full inriver company page
