The omnichannel inventory and sales management software for SMEs has closed an investment round of 2.5 million euros. The operation has been led by the pan-European venture capital firm, Nauta Capital, 4Founders Capital, Angels, the investment company of Juan Roig belonging to Marina de Empresas, and Zone2Boost.
Stockagile provides cloud tools for product management and of physical stores, online and marketplaces. With this round, the company intends to position itself as a leader in omnichannel sales management in the retail sector. The new injection will also be used to improve the product and customer service, thus promoting a new sales and marketing strategy.
The Barcelona company was founded by the brothers Miquel and Joan Subirats. Both engineers detected the lack of digitization among retail SMEs. In order to help manage and optimize inventory throughout the supply chain, they launched Stockagile, a Software as a Service (SaaS) that would allow online and physical commerce to be linked by synchronizing catalogues, stocks and orders in real time.
Stockagile customers are small and medium-sized businesses sales of physical products: brands, wholesalers, businesses, store chains, ecommerce or digital native brands that need to digitize their processes or need to centralize their ecommerce, marketplace and physical store sales.
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Miquel Subirat, co-founder and CEO of Stockagile, states: «The future of retail will be to work in an agile, optimized and automated way. SMEs have to sell the maximum with the minimum resources to be sustainable; this is only achieved with digitization. Stockagile digitizes processes and connects sales channels using the best technology to help merchants earn more. Our goal is to automate many of the retailer’s own processes, such as deciding prices and placing orders with suppliers.”
Jordi Vinas, partner of Nauta Capital in Barcelona, adds: “According to market studies, it is expected that by 2040 the shares of online and offline sales will be similar, while today they are 20% and 80% respectively. Solutions like Stockagile that connect these two worlds of retail have seen high growth post-pandemic and we believe they will continue to grow in importance.”
Marc Castilblancoprincipal of 4Founders Capital, highlights «the high growth that technological solutions are having to digitize and improve inventory management in retail companies. After a year as investors in the company, we have gone to the new investment round betting on the high potential of the project and, mainly, because we continue to believe that Miquel and Joan can lead Stockagile to become the benchmark for management programs of stock in the retail world”.
In 2021 Stockagile was selected to be promoted by Lanzadera, the Juan Roig accelerator also located in Marina de Empresas. Subsequently, Angels decided to participate in the 2021 investment round and they come back to this round showing their confidence in Stockagile. «During this time as partners, at Angels we have had the opportunity to experience the leadership skills of Miquel and Joan very closely, attracting top-level talent and investors such as Nauta Capital. For this reason, and because it continues to grow in customers who improve efficiency with its value proposition, we continue to accompany Stockagile in its development, and we trust that with this momentum it will continue to improve the product in order to reach many more”, says Pepe Peris, CEO of Angels.
