Stockly Raises €26M to Revolutionize E-commerce Stock Management

Stockly, a French startup founded in 2018 by Eliott Jabs and Oscar Walter, aims to revolutionize inventory management in the e-commerce sector by implementing a virtual inventory-sharing platform among retailers. This innovation mitigates the loss of revenue from unfulfilled purchase intentions due to stock shortages. Recently, Stockly raised €26 million in a funding round led by UK-based private equity firm 83North, with contributions from Anyma Capital, Square Capital, and existing backers Eurazeo and Daphni. This investment follows a previous Series A round in September 2022 that amassed €12 million. Stockly’s platform operates by aggregating inventory data across partner retailers, enabling them to sell products they do not physically stock, effectively expanding their offerings. The company's vision, as articulated by CEO Eliott Jabs, is to create a seamless stock exchange for e-commerce businesses, thus unlocking significant sales potential. Stockly charges a margin on each transaction facilitated through the platform, offering mutual benefits to selling and shipping retailers. Operating in 25 countries and serving clients like Galeries Lafayette and Decathlon, Stockly plans to utilize the new funds to intensify its commercial undertakings across Europe, employing 30 additional staff primarily in tech and business domains. With this strategic roadmap, Stockly is poised to reach profitability by 2026.