Akeneo

Akeneo — Funding & Company Data

Financial overview and investor data for Akeneo.

High confidence data Last verified 4 months ago

Founded

2013

Stage

—

Total Raised

$196.77M

HQ

Nantes, France

Team

201-500

Model

sales-led

Analyst Take

Akeneo's funding trajectory demonstrates a consistent ability to attract capital at increasing valuations, reflecting strong market traction and a clear leadership position in the Product Experience Management (PXM) space. The initial seed and Series A rounds provided the foundational capital to build out its open-source PIM solution. The subsequent Series B and C rounds, which brought in strategic investors like Salesforce Ventures, signaled a move towards enterprise-grade features and North American market expansion.

The most significant event is the $135 million Series D round led by Summit Partners. This is a substantial amount for a Series D and positions Akeneo to aggressively pursue its product roadmap, expand its global footprint, and invest in R&D, particularly around AI-powered capabilities. The participation of existing investors like Alven and Partech in multiple rounds underscores their continued belief in the company's vision and execution.

Investor quality is high, with a mix of respected venture capital firms (Partech, Alven) and a major growth equity player (Summit Partners). This blend provides both operational expertise and the financial muscle for long-term growth and potential future acquisitions. From a competitive standpoint, this level of funding gives Akeneo a significant advantage, allowing it to out-innovate and out-market smaller competitors. For a potential buyer of the tool, this financial strength translates into a lower risk of the vendor disappearing and a higher likelihood of continued product development and support.

Stability

Akeneo appears highly stable. With nearly $197 million in total funding, a recent and very large Series D round in 2022, and a team of over 400 employees, the company has a strong financial cushion and is well-positioned to operate for the foreseeable future.

Growth

Akeneo is in a strong growth phase. The company reported compounded triple-digit revenue growth for six consecutive years leading up to its 2019 Series C and is using its significant Series D funding to accelerate product development and strategic partnerships.

For Buyers

For a potential buyer, Akeneo represents a stable, well-funded choice in the PIM/PXM market. The significant funding reduces the risk of vendor failure and suggests the product will continue to be developed and supported for years to come, making it a safe bet for a long-term commitment.

Funding Timeline

Series D $135M March 2022

Investors: Summit Partners, Alven, Partech

Series C $46M September 2019

Investors: Summit Partners, Alven, Partech, Salesforce Ventures, Stephan Dietrich

Series B $13M March 2017

Investors: Partech, Salesforce Ventures, Alven

Series A $2.3M September 2014

Investors: Alven Capital

Seed $468K September 2013

Investors: KIMA Venture, Nestadion Capital

Notable Investors

Summit Partners Alven Partech Salesforce Ventures KIMA Venture

Sources

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