Shopware, an e-commerce software provider, has raised $100M in private equity funding. The round drew participation from PayPal and The Carlyle Group.

HOW’S THE COMPANY PERFORMING?

  • Germany-based Shopware offers open-source e-commerce tools for midsize and large companies.
  • The company has been profitable since its launch in 2000.
  • Shopware serves over 100K brands, including Philips, Jägermeister, and Aston Martin.
  • Its platform gross merchandise value (GMV) hit $20B in 2021.
  • Shopware is supported by a team of 350 employees.

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The post Shopware raises $100M from PayPal and Carlyle — its first-ever financing in 22 years. Shopware competitors include Commercetools, Shopify, Magento, and WooCommerce. appeared first on CB Insights Research.

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Author Of this post: Vikrant Chaturvedi

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