Ciloo, a Rotterdam, Netherlands-based B2B SaaS company, has secured its first funding, but the exact figures were not disclosed.
SaaS Investors
The round was led by Alliance VC, with participation from angel investors Trond Riieber Knudsen, Andreas Sjolund, Anders Storeng, Petter Skulstad, Magnus Gaarder, and Christian Paulsboe.
Founded in 2001, Alliance Venture is a venture capital firm based in Oslo, Norway that invests in exceptional early-stage tech companies and purpose-driven founders with global ambitions. The firm prefers to invest in early-stage tech companies.
Ciloo Use of Funds
The company will use the funding to support its mission to revolutionize internal eCommerce for global enterprises
About Ciloo
Founded by Richard Benesti and Christian Sæterhaug, Ciloo is a software company that provides a global on-demand platform intended to provide e-commerce software for branded products and corporate gifts. Ciloo simplifies payments and enables local production, reducing costs and carbon emissions while improving brand control. The company has served major corporations across various industries, primarily located in the US, DACH region, UK, and Australia.
Funding Details
Company: Ciloo B.V.
Raised: Undisclosed
Round: Unknown
Funding Month: February 2024
Lead Investors: Alliance VC
Additional Investors: Trond Riieber Knudsen, Andreas Sjolund, Anders Storeng, Petter Skulstad, Magnus Gaarder, and Christian Paulsboe
Company Website: https://ciloo.com/
Software Category: Ecommerce
Source: https://ciloo.com/ciloo-secures-funding-to-revolutionize-internal-ecommerce/