Polish-founded Saleor closes $8M round led by Target Global and Zalando

Saleor, a Poland and US-based startup developing an open source e-commerce platform, has closed a $8 million seed round led by Target Global and Zalando. SNR VC Kevin Mahaffey, Cherry Ventures, and TQ Ventures also joined as investors.

• Founded in 2020, Saleor is an open source, headless, composable e-commerce platform built for taming the complexity of multimarket commerce. It was originally started by the web agency of founders Mirek Mencel and Patryk Zawadzki, who then spun it out as its own startup.
• In 2021, the company closed a $2.5 million seed round to build its SaaS cloud offering. Today, the platform is used by such brands as Lush and Breitling. The startup claims its API for e-commerce does the back-end heavy lifting for online shopping while its customers can only focus on front end development.

We’re thrilled to welcome Target Global and Zalando to the Saleor team. With the new capital, we’ll further establish Saleor as the most composable, multimarket-ready platform available while keeping the dev community at the heart of what we do. We’ll help developers deliver business value for their companies more quickly and reliably than ever,

Mirek Mencel, Saleor CEO and co-founder, commented.

• The investment was provided by Target Global, a pan-European technology investment firm with more than €3 billion in assets under management, and the e-commerce giant Zalando. Kevin Mahaffey’s SNR fund, Cherry Ventures, and TQ Ventures, also participated in the funding round.
• The startup intends to use the freshly secured capital to drive growth, expand its agency program, and bolster its core product.