Alltricks Raises €7.3m in Funding

Alltricks, a Montigny-le-Bretonneux, France-based e-commerce platform specializing in cycling and running products, raised €7.3m in funding.

The round was led by Entrepreneur Venture, 123 Investment Managers, Partech Ventures, Sonorfi, Financière de la Gommerie and four undisclosed business angels.

The company intends to use the funds to continue to expand operations and strengthen its international presence.

Founded in 2008 by Gary Anssens, Alltricks is an e-commerce company offering cycling and running products as well as spare parts and accessories. More than 500 brands and 60,000 references are available on the platform available in 70 countries.
The company, which had a turnover of €53m in 2016, currently employs 130 people.

FinSMEs

28/07/2017

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