Mirakl, a Paris, France and Somerville, Massachusetts-based SaaS company that enables businesses to sell online, signed a €100m Revolving Credit Facility (RCF).
The facility has been granted by BNP Paribas, HSBC, J.P. Morgan, Natixis and Société Générale.
The funds will be used to finance Mirakl’s growth, in particular by investing in its technology and completing acquisitions.
Led by Adrien Nussenbaum, and Philippe Corrot, co-CEOs, Mirakl provides a suite of products that accelerates profitable, sustainable eCommerce growth through solutions in marketplace, dropship, supplier sourcing ecosystem, supplier catalog management and pay-out, personalization, and retail media.
Following Mirakl’s latest Series E fundraising round of $555 million in 2021 – valuing the company at over $3.5 billion – Mirakl is now strengthening its capacity to invest in its growth. Mirakl has a track record of investment, both in acquisitions and organic growth, such as the acquisition of Target2Sell, the launch of its retail media business (Mirakl Ads) and its financial services business (Mirakl Payout) which had generated more than $135 million in annual recurring revenue (ARR).
More than 400 of the world’s most trusted brands across retail and B2B industries use Mirakl’s technology, including Airbus, Decathlon, Galeries Lafayette, Kroger, Leroy Merlin, Macy’s, Maisons du Monde, MediaMarkt, Sonepar, Toyota Material Handling and Yves Rocher.
FinSMEs
01/08/2023