In a significant development for the European startup ecosystem, Volta, a new company with a team based in Milan and Paris, has raised a substantial €6 million pre-seed round. This investment will enable Volta to further develop its innovative vertical software-as-a-service (SaaS) platform focused on B2B sales.
A New Era for B2B Transactions
Volta’s product is positioned as an equivalent to Shopify but specifically designed for B2B transactions. While Shopify has expanded its offerings to include a B2B commerce platform, Volta aims to capitalize on the untapped potential of the B2B market by providing a dedicated solution.
The Current State of Midsize Wholesale and Distribution Companies
According to Volta, many midsize wholesale and distribution companies in Europe are still relying on manual order processing and paper catalogs. These companies often attend trade shows and meet with clients in person, but they struggle to manage multiple versions of their catalogs. This inefficiency can lead to errors and missed opportunities.
Volta’s Solution
Volta’s platform aims to simplify the catalog management process for these companies. Users can upload their existing catalogs from Excel files or their Enterprise Resource Planning (ERP) system, ensuring that the taxonomy is correct before importing it into Volta. Employees can then create customized catalogs, share them with potential clients, track negotiations in real-time, and update orders as needed.
A Complementary Solution
Volta’s approach differs from traditional ERP systems by focusing on catalog management rather than replacing existing processes. When a purchase order is signed, the transaction is processed through the ERP system, ensuring seamless integration between Volta and existing infrastructure.
Pricing and Inventory Data Synchronization
Volta’s platform maintains real-time synchronization with the company’s ERP system for pricing and inventory data. This feature ensures that all stakeholders have access to the most up-to-date information.
A Comprehensive Solution for Midsize Wholesale and Distribution Companies
Volta also offers features such as:
- Customer Management: Users can create company profiles, categories, and group clients into different categories.
- Catalog Creation: Employees can create customized catalogs from Volta’s interface and share them with potential customers.
A Bright Future Ahead for Volta
The pre-seed round represents the largest investment in Volta to date. The funds will be used to further develop the platform, expand the team, and drive growth. With its innovative approach and commitment to simplifying B2B transactions, Volta is poised to make a significant impact on the European startup ecosystem.
A Strong Foundation for Growth
Volta’s team brings a unique combination of expertise in software development, business management, and market analysis. The company has established strong partnerships with key industry players, ensuring a solid foundation for growth.
A New Era for B2B Transactions
The €6 million pre-seed round is a testament to the potential of Volta’s innovative platform. As the company continues to develop and refine its solution, it is likely to disrupt the traditional B2B transaction landscape and create new opportunities for midsize wholesale and distribution companies.
Conclusion
Volta’s success demonstrates the growing importance of innovation in the European startup ecosystem. With its commitment to simplifying B2B transactions, Volta is poised to make a lasting impact on the industry. As the company continues to grow and develop, it will be interesting to see how it evolves and adapts to meet the changing needs of midsize wholesale and distribution companies.
About Volta
Volta is a SaaS platform that enables midsize wholesale and distribution companies to simplify their B2B transactions. The company’s innovative approach focuses on catalog management, providing users with real-time synchronization with their ERP system for pricing and inventory data.
Contact Us
For more information about Volta or its innovative platform, please visit our website at www.volta.com. You can also reach out to us directly through our contact page. We look forward to connecting with you!
Additional Resources:
- Volta Website: www.volta.com
- Contact Form: https://volta.com/contact
- Social Media: Follow Volta on LinkedIn, Twitter, and Facebook for the latest updates and news.
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About Romain Dillet
Romain Dillet is a seasoned journalist with a passion for technology and innovation. With over a decade of experience covering the startup world, he brings a unique perspective and expertise to his reporting. Romain’s in-depth analysis and commentary have made him a respected voice in the industry.
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