Orderchamp

About Orderchamp

Orderchamp operates as an online business-to-business (B2B) wholesale marketplace designed to connect independent retailers with unique brands across Europe. Founded in 2018 and launched in late 2019, the Amsterdam-based company was established by Joost Brugmans, Max Verduyn, Menno Wolvers, Ruud Stelder, and Dennis Cuijpers. The platform aims to streamline the wholesale process, enabling local retailers to discover new products and helping brands to expand their market reach internationally.

The company's business model is centered on its digital platform where retailers can purchase from thousands of brands in a single checkout. Orderchamp makes money by charging brands a commission on sales. The commission structure is tiered, with a higher percentage for initial orders from new retailers acquired through the marketplace and a lower rate for re-orders. For existing retail partners that brands bring to the platform, a 0% commission fee applies. The platform offers favorable purchasing terms for retailers, such as low minimum order quantities, the option for 60-day payment terms, and free shipping, which are designed to give them greater financial flexibility. For brands, Orderchamp guarantees payouts on orders, mitigating the risk of non-payment.

In addition to its core marketplace, Orderchamp has expanded its offering with Orderchamp Cloud, a suite of B2B software solutions for brands and wholesalers. This includes a B2B portal for direct sales, a mobile sales app for order-taking at events, and an AI-powered tool that converts orders from various formats like email and PDF into digital orders. The platform supports product categories such as home & living, fashion accessories, jewelry, kids & baby, and kitchen & dining. Since its inception, the company has secured significant funding to fuel its expansion, raising a total of $23.1 million over three rounds, including a Series A round in May 2021. Key investors include Prime Ventures and henQ.