About B2B E-Commerce sector in Europe
The B2B E-Commerce sector in Europe comprises 5.51K companies, including 729 funded companies having collectively raised $11.9B in venture capital money and private equity. Out of these, 506 are Series A+ funded, and 4 have achieved unicorn status.
B2B E-Commerce sector in Europe has seen 236 acquisitions and 167 IPOs. This represents almost 7.3% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.
This sector includes b2B E-Commerce covers companies that enable businesses to buy goods and services from other businesses.
B2B E-Commerce sector is also known as Wholesale Ecommerce.
Companies included in B2B E-Commerce
Includes companies that operate as marketplaces, listing platforms, e-distributors or any other platforms that connect businesses for the exchange of goods and services. Also, includes companies that facilitate B2B E-Commerce by providing technology or software solutions.Companies excluded in B2B E-Commerce
Does not cover companies that provide software solutions for SCM, business processes, manufacturers, healthcare companies, and offline players.Top B2B E-Commerce Companies in Europe
There are more than 5.51K companies in B2B E-Commerce in Europe. Global-e is the top B2B E-Commerce company in Europe, ranked using Tracxn Score (what's this?).
Here are 5 of the top B2B E-Commerce companies in Europe:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of software solutions for cross-border e-commerce industries | London (United Kingdom) | 2013 | Public | $100M | |
Provider of a platform streamlining order and payment processes for distributors | Berlin (Germany) | 2018 | Series B | $301M | |
Cloud-based e-commerce suite solutions for marketplace businesses | Paris (France) | 2012 | Series E | $948M | |
Manufacturer and distributor of ophthalmic lenses, frames, and sunglasses. It designs, manufactures, and distributes a portfolio of eyewear brands and lens technologies. The company operates a network of retail stores offering superior shopping and patient experiences. Its offerings include prescription lenses, sunglasses, and related products. The business model encompasses both manufacturing and retail operations within the vision care industry. | Paris (France) | 1849 | Public | - | |
Online e-distributor offering packaging solutions | Jonkoping (Sweden) | 1949 | Acquired | $12.9M |
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Companies founded year-on-year in the B2B E-Commerce sector in Europe
251 B2B E-Commerce startups in Europe were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | 7 |
2023 | 72 |
2022 | 127 |
2021 | 214 |
2020 | 251 |
2019 | 230 |
2018 | 209 |
2017 | 183 |
Stage-wise distribution of B2B E-Commerce sector companies in Europe
Out of the total 5,509 B2B E-Commerce companies in Europe, 729 have secured funding. Among them, 506 have reached Series A or higher, and 436 to Series B or beyond.
Founded - 5,509
Funded - 729
Series A+ - 506
Series B+ - 436
Series C+ - 419
Company Stage | No. of companies |
|---|---|
Founded | 5,509 |
Funded | 729 |
Series A+ | 506 |
Series B+ | 436 |
Series C+ | 419 |
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Funding Trends in the B2B E-Commerce sector in Europe
Total funding year-on-year in the B2B E-Commerce sector in Europe
The B2B E-Commerce sector in Europe saw a total funding of more than $10.3B in the last 10 years. The most amount of funding was in 2025 at more than $3.65B.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $3.65B |
2024 | $542M |
2023 | $682M |
2022 | $1.18B |
2021 | $1.72B |
2020 | $975M |
2019 | $293M |
2018 | $889M |
2017 | $247M |
Recent Funding Rounds in B2B E-Commerce in Europe
In the year 2025, till December 2025, B2B E-Commerce companies in Europe have raised $148M in equity funding across 23 rounds.
In the same period last year (i.e. till December 2024), B2B E-Commerce companies in Europe had raised $157M across 28 rounds.
So, 2025 has seen a 5.87% drop in funding in B2B E-Commerce companies in Europe as compared to 2024.
Here are some recent, important funding rounds in B2B E-Commerce companies in Europe:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Angel | 3424 | Dec 03, 2025 | and 1 more | |
Seed | 3683 | Nov 04, 2025 | ||
Series A | 8306 | Oct 22, 2025 | and 4 more | |
Series A | 2265 | Oct 06, 2025 | ||
Series A | 4582 | Oct 01, 2025 | and 2 more |
Top Investors in B2B E-Commerce in Europe
Europa is the top investor in B2B E-Commerce companies in Europe based on number of companies invested.
Here are some top investors in B2B E-Commerce companies in Europe:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Palo Alto (United States) | ||
Sunnyvale (United States) | ||
Menlo Park (United States) | - | |
Berlin (Germany) |
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M&A activity in B2B E-Commerce sector in Europe
In the year 2025, till November 2025, 8 acquisitions happened in B2B E-Commerce sector in Europe. Last year, in 2024, a total of 12 acquisitions happened in B2B E-Commerce sector in Europe.
Here are some recent, important acquisitions in B2B E-Commerce sector in Europe:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Nov 27, 2025 | ||
Business Acquisition | Oct 22, 2025 | ||
Business Acquisition | Jul 25, 2025 | ||
Business Acquisition | Jul 23, 2025 | ||
Business Acquisition | Jul 16, 2025 |
Acquisition trends in B2B E-Commerce sector in Europe
Here are the acquisition trends in B2B E-Commerce sector in Europe:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 8 |
2024 | 12 |
2023 | 26 |
2022 | 29 |
2021 | 25 |
2020 | 16 |
2019 | 20 |
2018 | 16 |
2017 | 19 |
IPOs in B2B E-Commerce in Europe
In the year 2023, till July 2023, 1 IPO happened in B2B E-Commerce sector in Europe.
Here are some recent, important IPOs in B2B E-Commerce sector in Europe:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Jul 28, 2023 | Euronext Exchange (Euronext) | |
May 12, 2021 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Mar 22, 2021 | Aquis Stock Exchange (AQSE) | |
Sep 02, 2013 | London Stock Exchange (LSE) | |
Dec 14, 2005 | London Stock Exchange (LSE) |
Colleges which produce the most B2B E-Commerce companies in Europe
Companies founded by alumni from top colleges in the B2B E-Commerce in Europe
Most number of B2B E-Commerce startups in Europe have been founded by alumni from University of Cambridge, Bocconi University and HEC Paris.
College | No. of companies |
|---|---|
University of Cambridge | 9 |
Bocconi University | 7 |
HEC Paris | 7 |
Harvard University | 6 |
University of Oxford | 6 |
Harvard Business School | 5 |
INSEAD | 5 |
London Business School (LBS) | 4 |
Columbia University | 3 |
Imperial College London | 3 |
Total funding in B2B E-Commerce companies founded by alumni from top colleges in Europe
In the last 10 years, HEC Paris graduates' B2B E-Commerce companies in Europe have raised the most funding among top colleges. Maastricht University alumni are second, and Harvard University alumni are third.
College | Total Funding |
|---|---|
HEC Paris | $1.49B |
Maastricht University | $301M |
Harvard University | $236M |
University of Oxford | $224M |
INSEAD | $156M |
University of Cambridge | $141M |
Tel Aviv University | $100M |
Massachusetts Institute of Technology | $87.5M |
University College London | $67M |
Harvard Business School | $61.9M |
Top News in B2B E-Commerce in Europe
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Cloudfy Launches Enterprise v5: Modular, API-First, AI-Driven B2B CommerceAiThority•Jan 07, 2026•Cloudfy
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Debenhams Group Extends Partnership with Mirakl, Integrating Retail Media PlatformHomeofdirectcommerce•Nov 25, 2025•Debenhams, Mirakl
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Aggreko Report: UK Industry Faces Risk Without Flexible Steam SolutionsManufacturing-Supply-Chain•Oct 01, 2025•Aggreko
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EssilorLuxottica's Essilor Stellest receives FDA approval in the United StatesGlobeNewswire•Sep 26, 2025•EssilorLuxottica
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Nefab Launches Next-Gen EdgePak Collar as Alternative to Wooden Pallet CollarsPackaging Strategies•Sep 08, 2025•Nefab
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Freemans taps Mirakl to scale dropship capabilitiesRetail Technology Innovation Hub•Aug 19, 2025•Freeman, Mirakl, Freemans
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Aggreko Emphasizes Potential of BESS to Improve Efficiency Amidst Energy Price VolatilityEuropean Pharmaceutical Manufacturer•Jul 11, 2025•Aggreko
