Stockly has struck again! 💥
Remember last winter when you wanted these famous out-of-stock boots? Or mid-July when you really needed THAT dress for your BFF’s wedding but it wasn’t available? Well, these kinds of situations should not happen again! Folks, we’re not trying to push you to buy new (because second hand is always the best decision 💚 ) but sometimes, when you need something, well, it should be available for you!
For those who might have forgotten, one year ago, we invested in Stockly, whose mission is to react against the 30% of online purchase intentions who are abandoned due to out of stock problems — costing e-merchants several billion euros each year. To do so, Stockly connects websites with a global inventory so that they can never run out-of-stock. The French start-up created a platform to share all the inventory between more than 300 partnered retailers in the world like Galeries Lafayette, Cdiscount or GO Sport.
Only one year after their last round of €5M, Stockly has struck again! They just raised €12M Series A from daphni, Eurazeo and many Business Angels in the whole world. 🎉
The reason why we invested and why we do it again is mostly because Stockly empowers e-merchants in an ecosystem dominated by hegemonic players, allow them to expand and enlarge their catalog (in terms of sizes, colors or SKUs, without affecting their cash flow), and not to lose a loyal customer (often acquired via Facebook Ads or Google Ads).
The second reason why we invested is because folks, the founders are incredible: Eliott, Oscar, congrats to you guys! We’re glad this fundraising will allow you to increase the team of 50 people and expand throughout Europe. 🇪🇺
PS: Special big up to Yann and Augustin, daphni alumnis who work at Stockly! The true power of community 😎