Glopal raised 20 million euros in funding

E-commerce support software for international expansion, Glopal raised 20 million euros in funding, during a Series A round. 

The startup will expand its operations in Europe, the United Kingdom, and the United States with a recruitment drive. Additionally, it will use the funding to invest in its technology.

Glopal, a Paris, France-based provider of cross-border e-commerce solutions, raised €20M in Series A funding.

The Hi Inov Group led the round – Dentressangle and Crédit Mutuel Innovation with participation from Seventure, Axeleo Capital, Motier Venture, and Pierre Denis, who will also be joining the Glopal board.

The company intends to use the funds to bolster growth and expansion efforts in Europe, UK, and the United States, onboarding new strategic talent and further investing in its technology.

Led by CEO Patrick Smarzynski, Glopal provides retailers and global brands with a SaaS platform for growth in international sales through its proprietary AI-driven international marketing, e-commerce translation process automation, duty, and tax and logistics modules.

The company has already enabled more than $400M in cross-border transactions for customers across Europe and North America, including retail leaders such as Dior, Balmain, Loewe, and Babolat.

What is Glopal?

Glopal provides advanced international marketing solutions for e-commerce retailers and brands seeking to grow their businesses globally. Using a suite of automated localization tools, merchants can quickly launch their stores on international markets and promote them to new audiences with Google Shopping Ads.