OpenOcean invested €3.9M in Droppe, a pioneering Finnish B2B distribution platform, to support its growth and innovation in supply chain efficiency.
Information on the Target
Droppe, a Finnish startup founded in 2020, is revolutionizing B2B distribution by providing a comprehensive digital platform for sourcing, ordering, and managing supplies. With a robust client base of over 1,500 companies across Europe, primarily in the Nordic and DACH regions, Droppe serves a diverse range of businesses—from local service providers and restaurant chains to substantial light manufacturing enterprises. Their innovative platform enables direct shipments from suppliers to customers, enhancing efficiency and sustainability within supply chains.
At the core of Droppe's operations is a commitment to streamline the procurement process. The platform features real-time reporting, insights, and analytics, which facilitate more informed decision-making for both buyers and suppliers. This capability not only simplifies the sourcing of Maintenance, Repair, and Operations (MRO) products but also enhances operational efficiency across various business functions, including procurement, operations, quality, and finance.
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Industry Overview in Finland
Finland's B2B distribution industry is rapidly evolving, driven by technological advancements and increasing demand for efficiency in supply chain management. Companies are increasingly seeking digital solutions that provide agility and transparency, allowing f
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Disclosed details
Transaction Size: $4M