Eunimart is the world's first Open Source Platform for Commerce built on Blockchain to help enterprises connect all channels of sales, supply chain, marketing, finance and operations.
Los Angeles, CA, USA
One Liner
One Liner
Eunimart is the world's first Open Source Platform for Commerce built on Blockchain to help enterprises connect all channels of sales, supply chain, marketing, finance and operations.
What Problem We are Solving
Problem
Covid-19 accelerated existing trends in ecommerce including the overall growth of ecommerce as a share of total global retail. The US Department of Commerce estimated a 30% jump in ecommerce revenues between 2019 to 2020 in the US alone, and that growth is expected to persist. The change in customer buying patterns is driving predictions that ecommerce as a share of global retail will grow from 17% at the start of the pandemic to 52% by 2025. Within the ecommerce sector, crossborder sales have nearly doubled since 2020 from less than 12% to 21% in the last year, and crossborder continues growing at triple the rate of domestic ecommerce as a whole.
Though accelerated by the pandemic, this trend predates covid-19: as early as 2018 Amazon noted that crossborder sales growth among its 3P merchants was 60% greater than its overall sales growth. Brands are scrambling to adapt to this new reality even as new marketplaces (and new markets) proliferate around the world. Most need 2 things to adapt successfully: A true omnichannel partner to enable them to manage multiple channels of sales, including shipping + supply chain +marketing +operations + finance, across all channels. Intelligence and data insights to help scale without prohibitive capital requirements.
About Us
About Us
Eunimart is a vertical PaaS (platform as a service) model, driving growth by building a 3-sided flywheel of ecosystem partners, channels of sales, and sellers. Today ecommerce sellers struggle to find the right partners to support their operational needs, and to succeed on multiple channels of sales due to the significant friction involved. Meanwhile, marketplaces are trying to build demand and support sales growth, but typically see only 1 to 1.5% of their sellers bringing in as much as 90% of their total GMV.
We see three core components needed for success: tech-enabled merchants with the ability to quickly expand to new channels profitably; merchant access to the ecosystem partners they need to enable operations in every market (e.g. warehousing, logistics, marketing); and marketplaces and webstores with the capacity to support the profitable growth of most of their merchants. Eunimart is building the capacity to seamlessly integrate each of these three critical elements into a powerful flywheel for sustained growth across channels of sale around the world.
We follow a Product Led Pricing model, such that companies pay us after they have achieved value in the form of revenues growth or cost reduction. We have a SaaS pricing model where merchants can signup and use most of the platform for free. However, if they cross 300 orders a month or 2 channels of sales, they move into the first paid model - $35/user/month. There are several pricing tiers based upon usage. We also have a commission pricing model, where merchants don’t need to pay upfront to use our AI models, but will be charged a % commission on the GMV.
Eunimart is a true ecosystem enabler, allowing brands to use our platform in a modular manner. Brands can plug in existing solutions and use our artificial intelligence to scale their business rapidly and double revenues on average and save approximately one third of costs with minimum effort. Unlike other multichannel aggregators that cannot easily integrate with existing software solutions and have no marketing or Artificial Intelligence solutions to help scale revenues, Eunimart is the ONLY platform that enables merchants with Shopify or Amazon stores to succeed on global, omnichannel retail.
We follow an organic approach for lead generation. 1. Inbound - customers find us through SEO, content and PR. 2. Outbound – a combination of Account Based Marketing, targeted intent based marketing on platforms like G2, Capterra and affiliate marketing. 3. Channel partnerships and organic referrals
Eunimart is a true ecosystem enabler, allowing brands to use our platform in a modular manner. Brands can plug in existing solutions and use our artificial intelligence to scale their business rapidly and double revenues on average and save approximately one third of costs with minimum effort. Unlike other multichannel aggregators that cannot easily integrate with existing software solutions and have no marketing or Artificial Intelligence solutions to help scale revenues, Eunimart is the ONLY platform that enables merchants with Shopify or Amazon stores to succeed on global, omnichannel retail.
We are open to meeting up to grab a coffee, or just to chat.
We would really enjoy your feedback and insight into our venture and would be happy to discuss anything that you are currently working on to see if we can be of service!
Share
Capital
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Name
Amount
Amount Left
$600,000.00
Amount Raised (This Round)
$2,400,000.00
Amount Raise To Date
$5.56M
Type of Raise
Equity
Valuation
$16M
Friends & Family
$150K
Preseed
$2.4M
Seed Bridge
$3M
Grant Dollars Awarded
$12K
TAM SAM SOM
TAM
$90B
SAM
$5B
SOM
$969M
Business Stage
Business Stage
Seed
Business Type
Business Types
Investor-Backed, Venture Capital Backed
Categories
SaaS
Enterprise
B2B2C
B2B
E-Commerce
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