Eany.io is a technology company.
Eany.io has raised $2.0M across 1 funding round.
Eany.io has raised $2.0M in total across 1 funding round.
Eany.io has raised $2.0M in total across 1 funding round.
Eany.io's investors include Impellent Ventures, Practica Capital, Banana Capital, Hans Tung, Market One Capital.
Eany.io is a Lithuanian B2B marketplace platform that connects buyers and suppliers for electronics, household, and DIY products, streamlining procurement by aggregating stock data from over 250 suppliers, offering access to 1.8 million+ unique products, and enabling efficient transactions via web portal or API.[1][2][5] It serves businesses across Europe, including SMBs and large retailers, solving inefficiencies in traditional B2B trade such as fragmented sourcing, manual warehouse management, and slow stock turnover by providing competitive pricing, bulk flexibility, reliable delivery, and tools like automated inventory syncing and up to 60-day payment terms.[2][3][4][5] The platform has shown strong growth momentum, processing over €9 million in orders in its first year, securing €2 million in seed funding in 2024 from investors like Market One Capital and Practica Capital, and recently integrating Mentum.ai for AI-enhanced product data catalogs to reduce manual description efforts.[1][2][3]
Eany.io was founded in 2024 by Mindaugas Apanavičius (CEO), Artūras Petkauskas, and Kęstutis Ramoskevičius in Vilnius, Lithuania, under the entity 1ean, UAB.[2][3][4] The idea emerged from recognizing structural inefficiencies in B2B wholesale, such as poor access to supplier data, logistics challenges, and middlemen exploitation, prompting the trio—leveraging their domain expertise—to build a centralized hub that aggregates product lists from manufacturers, distributors, and stores for API delivery to buyers while offering suppliers feedback on assortments and market entry support.[2][3][4] Early traction was rapid: within its first year, over 200-250 suppliers joined, generating €9 million+ in orders, with pivotal funding from Market One Capital and Practica Capital accelerating expansion amid proven demand from European retailers.[2][3][4][5]
(Note: Some sources reference a 2010 founding, likely an error for an earlier entity, as consistent 2024 details align with founders, funding, and growth metrics.[1][2])
Eany.io rides the wave of B2B e-commerce digitization in Europe, where fragmented wholesale markets for consumer goods leave room for platforms tackling logistics, inventory visibility, and middlemen inefficiencies amid rising online retail demands.[2][3][4] Timing is ideal post-2024 funding boom in Baltics tech, fueled by VC interest in SaaS and marketplaces (e.g., Practica Capital's portfolio like Eneba), as EU businesses seek cost efficiencies amid supply chain disruptions and e-commerce growth.[2][3] Market forces like AI data processing advancements (via Mentum.ai) and API-driven automation favor Eany.io, empowering local retailers to compete globally by matching big players' product readiness while boosting supplier liquidity—thus influencing the ecosystem by reducing barriers for SMBs in electronics/DIY sectors.[1][5]
Eany.io is poised for aggressive scaling with its €2M seed, targeting deeper European penetration, product category expansion, and enhanced AI features to capture more of the underserved B2B wholesale niche.[2][3][4] Trends like AI-optimized supply chains, API ubiquity, and cross-border e-commerce will propel growth, potentially driving order volumes beyond €9M annually as supplier networks hit 500+.[1][5] Its influence may evolve from regional disruptor to pan-European standard-setter, challenging incumbents by commoditizing efficient procurement and unlocking value in stagnant wholesale markets—positioning it as a go-to hub for streamlined B2B trading in DIY, household, and electronics.[2][5]
Eany.io has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in March 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2024 | $2.0M Seed | Impellent Ventures, Practica Capital, Banana Capital, Hans Tung, Market One Capital |