COMPANY PROFILE

Akeneo

Global leader in Product Experience Management (PXM) solutions that help merchants and brands deliver a compelling customer experience across all sales channels

Nantes, FranceFounded 2013Marketing

Valuation $500M–1B Last recorded · 2022

Revenue $50–100M Latest reported FY

Headcount 100–500 Current team size

Total funding $100–500M Disclosed equity funding

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About Akeneo

Akeneo is a technology startup that operates in the retail and distribution sector, providing an innovative solution to help businesses manage their product information more efficiently. The company's primary offering is the Akeneo Product Cloud, a platform that leverages artificial intelligence (AI) to streamline the process of onboarding supplier data. This means that it helps businesses to quickly and accurately integrate information about new products into their systems.

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Akeneo's services are particularly valuable for businesses that sell their products across multiple channels, such as online stores, physical retail locations, and third-party marketplaces. The company's platform ensures that product information is consistent and high-quality across all these touchpoints, enhancing the customer experience and potentially driving increased sales.

The company's business model is based on providing its platform to enterprise customers, with over 500 businesses currently using its services. Akeneo generates revenue by charging these customers a fee to use its platform.

Recently, Akeneo expanded its capabilities by acquiring Unifai, an AI platform. This acquisition allows Akeneo to offer native AI capabilities to its customers, further enhancing its ability to manage product data efficiently.

In summary, Akeneo is a technology startup that provides a platform for businesses to manage their product information. The company operates in the retail and distribution sector, serving enterprise customers with a solution that streamlines the process of onboarding supplier data and ensures consistent, high-quality product information across all sales channels.

Source: Dealroom company data