Marketplace Platform Mirakl raises $300M

By Lauren Fruncillo September 23, 2020 - 7:11 am

Mirakl have announced that they have raised $300M from long term investors to help further growth of their SaaS platform that empowers both B2B and B2C organizations.

In the first half of 2020, they onboarded 25 new customers and launched 18 new marketplaces despite global issues caused by COVID. During the first 6 months of 2020, Mirakl-powered Marketplaces showed remarkable resiliency in the midst of the COVID crisis with the support of Mirakl’s technology, generating over $1.2 billion in gross merchandise value (GMV) and demonstrating the agility and scalability of the marketplace model even in the face of global economic disruptions.

According to Mirakl, the funding will enable them to reinforce clear leadership, significantly investing in its technology and partner ecosystem and growing its team to meet the rapid adoption of the marketplace model. Some of the places the funding will go include hiring over 300 engineers to develop and expand Mirakl’s capabilities to further evolve their platform.

“Mirakl’s technology is in a category of its own, and the results speak for themselves. It is an honor to support the world’s leading organizations as they invest in the platform model and the future of commerce. We look forward to continuing to do what we do best: investing in the functionality, security, and scalability of our platform, so that our Platform Pioneers can continue to lead in the platform economy.”
– Philippe Corrot, CEO and cofounder, Mirakl

  • SAM
    9 months ago

    I really like the Mirakl platform. The retailers do not seem to last long on it however. In the last couple of years I have gone from being on GAME, ShopTo, Gameseek, Coolshop ( a complete GOLDMINE) Wupti to now since GAME shut down to being on ZERO.
    I would have been on others but some of the retailers well overcharge on FEES and subscription fees so it makes it pointless….

    GAME say they are coming back some waffle about a compliance issue but they have been offline for 3 months now the merchants will have well moved on.

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