IVALIS is a European leader in inventory management services. The company has finalized a €3 million financing to support its growth in Brazil. The financing will enable long-term investments and the deployment of latest-generation equipment and software, and support gradual expansion beyond the two existing agencies in São Paulo and Rio. IVALIS aims to open 18 agencies to provide satisfactory coverage of the country. The funding is intended to meet demand from customers seeking IVALIS support for their own expansion, including Leroy Merlin, C&A and Marisa. The Brazil development is described as a first step in the company’s commitment to establish itself in Latin America.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2015