PlentyONE Secures Strategic Investment from PSG Equity

by Kay Aloha Villamor in November 28th, 2024

PlentyONE, a Kassel, Germany-based all-in-one e-commerce ERP platform, has secured strategic investment.

Investors 

The investment was led by PSG Equity, a growth equity firm specializing in partnering with software and technology-enabled services companies to support transformational growth, capitalize on strategic opportunities, and build strong teams. Founded in 2014, PSG operates from offices in Boston, Kansas City, London, Madrid, Paris, and Tel Aviv. 

PlentyONE Use of Funds 

The funding will support PlentyONE in expanding its presence across the DACH region and international markets. Additionally, the company plans to accelerate investments to enhance its product offerings. 

About PlentyONE 

Founded in 2006, PlentyONE is a cloud-based e-commerce ERP (Enterprise Resource Planning) software platform. It provides an all-in-one solution for brands and retailers, facilitating seamless integration with over 150 global marketplaces. Combining cutting-edge technology, personalized service, and an extensive partner ecosystem, the platform helps businesses streamline e-commerce operations, expand market reach, and achieve sustainable growth. 

Funding Details 

Company: Plentysystems AG 

Raised: Undisclosed 

Round: Strategic Round 

Funding Date: November 2024 

Investor: PSG Equity 

Company Website: https://www.plentyone.com/  

Software Category: E-commerce Solutions 

Source: https://www.pressebox.com/pressrelease/plentysystems-ag/PlentyONE-Announces-Strategic-Investment-from-PSG/boxid/1226326

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