E-Commerce Service Provider Channelpilot Secures Large Financing
The investment group TFO absorbs 25.1% of the company. The group has invested several million euros in order to help speed up the internationalisation of this leading E-Commerce service provider. Six new offices will be opened in several European cities in the course of 2015, in addition to the existing ones in London, Hamburg and Paris.
- New York, NY (1888PressRelease) November 08, 2014 - E-Commerce provider Channel Pilot Solutions GmbH has successfully completed negotiations over a financing round. The well-known Family Office TFO has absorbed 25.1% of the company, with a multimillion euro investment. The board of directors will use this financing to further expand the company internationally. Adding to the company's existing offices in London, Hamburg and Paris six offices will be set up in several cities around Europe.
ChannelPilot's new liquid funds will contribute towards accelerating the penetration of markets throughout the rest of Europe, as the company is already the market leader in Germany. Thanks to ChannelPilot, shop owners and mail order companies can expand their businesses way beyond their own shop. Online shops are automatically connected not only to price comparison sites, but also to the leading marketplaces such as Amazon or eBay. Furthermore, online shop owners can benefit from ChannelPilot's market price analysis tool, as well as the management of their Google Product Listing Ads and Dynamic Pricing.
"Thanks to our highly-motivated team we have managed to create this E-Commerce tool and anchor it in the market. 30% of the 500 most important online shops in Germany now use our tool. We operate profitably as a company and we are very proud to have achieved new financial margins with TFO. We will now extend our market leadership internationally with an experienced and strong partner at our side" said Mirko Platz, managing director of Channel Pilot Solutions GmbH.
The new investor, TFO Family Office, is also very optimistic with regards to the future - "We are entrepreneurs ourselves and were very impressed from the start that a founding team could set a new standard in the emerging and competitive E-Commerce market in such a short time. We are delighted to collaborate with Channel Pilot Solutions GmbH and to participate in this attractive high-growth sector".
ChannelPilot's E-Commerce software will now be introduced to partners and customers in 25 countries. Channel Pilot Solutions GmbH has been awarded with several founder and company prices, and it has recently won the 2014 KFW founder award for Hamburg and the UnternehmerTUM's WECONOMY Award.
Channel Pilot Solutions GmbH
ChannelPilot Solutions is an independent E-Commerce services provider with its headquarters in Hamburg. ChannelPilot's E-Commerce suite offers online shop owners a cloud-based tool for their business. 30% of the most important online shops in Germany have already chosen our solution. Thanks to our tool, online shop owners can place their products on all online distribution channels to reach millions of online shoppers every day and increase their revenue. You can find further information on www.channelpilot.co.uk.
Contact
Channel Pilot Solutions GmbH
Überseeallee 1
20457 Hamburg 1
Tel.: +49 40 46 89 889-0
Fax: +49 40 46 89 889-99
E-Mail: presse ( @ ) channelpilot dot de.
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