Mirakl secured 100 million euros

French marketplace solution provider Mirakl has secured 100 million euros in debt financing. The funding will be used to enhance its technology and to finance acquisitions. The company was already valued at over 2,92 billion euros in 2021, after a Series E funding round of 468 million euros.

Customers can create and manage marketplaces with its SaaS solution. It was founded in 2012, and since then has raised close to 1 billion euros in funding.

The company’s previous funding round took place in 2021, where it raised 555 million dollars (468 million euros). Last year, the company announced a recurring revenue of 87.44 million euros (100 million dollars) in 2021. At that time, Mirakl was valued at 3.1 billion euros.

Adrien Nussenbaum, co-founder and co-CEO of Mirakl says that this latest debt financing is an additional milestone demonstrating Mirakl’s financial strength and greater financial maturity. Through the RCF the company will be able to carry out M&A transactions that will further strengthen Mirakl’s technological progress and the success of our customers’ marketplaces. The signing of this RCF reflects the confidence of the company’s banking partners in supporting its long-term growth strategy.