Lithuanian B2B trading platform Eany.io, which gathers stock data from manufacturers, distributors, and stores, and shares it with buyers through both physical and online channels, has raised €2 million. The current seed round was led by Market One Capital and Practica Capital.
- Founded in 2024 by Mindaugas Apanavičius, Artūras Petkauskas, and Kęstutis Ramoskevičius, Eany.io develops a B2B platform designed to simplify the trade of electronics, household items, and DIY products.
- The platform collects stock data from manufacturers, distributors, and stores, offering a central hub for transactions and product access. By addressing the inefficiencies of traditional commerce, Eany.io aims to streamline and improve the trading process.
“We help suppliers not only to manage their warehouses more smoothly but also to enter new markets. In this database, the product lists are aggregated, analysed, and given to retail customers via API, while suppliers are provided with feedback on their assortment,” co-founder at Eany.io, Mindaugas Apanavičius, said.
- Over 200 suppliers use the platform to share their data, which helps them increase revenue, improve warehouse efficiency, and clear out slow-moving stock. So far this year, the platform has processed over €9 million in orders.
Details of the deal
- The investment came from Market One Capital, a Warsaw-based venture capital firm that supports early-stage tech startups, with focus on platforms and SaaS, across Europe. Market One Capital’s portfolio includes over 60 investments, with 30 startups and 10 successful exits, including companies like TIER, Silverbird, Booksy, and Lunching.
- The new funding also included investment from Practica Capital, a Vilnius-based venture capital firm that manages €130 million in assets. Practica Capital invests in the Baltic tech founders at seed (including selected pre-seed) and Series A stages.
“We are excited to take part in the effort to reduce clutter and distance between brands and consumers. There are still vast structural inefficiencies in access, logistics, and warehousing, often exploited by incumbent middlemen. We believe that Eany’s founding team’s domain expertise and technical prowess form a winning combination to build a differentiated B2B marketplace to capture immense value,” Partner at Practica Capital, Arvydas Bložė, commented.
- The fresh capital will enable Eany.io to accelerate and optimize its processes, positioning it for growth.
