Prime Ventures led a $20m Series A funding round in Orderchamp.

Prime Ventures, a venture capital and growth equity firm, led a $20m Series A funding round in Orderchamp, an operator of an online B2B marketplace intended to brings brands and retailers together. Additional investor include henQ. "The majority of the investment will be used to increase our international footprint, improve the digital purchasing experience and further develop our powerful technology (including machine learning and integrations with commerce systems). Our retailers visit our platform several times a week to source unique products for their store or webshop. That is why we pursue adding dozens of new brands on a daily basis, rather than weekly, which can be purchased quickly and easily by retailers. Based on previous sales data of tens of thousands of retailers, we can better predict whether a product will sell in that particular store. This way, our stores can continue to stand out from the crowd and strengthen local retail," Joost Brugmans, Orderchamp Co-Founder and CEO.