Helsinki-based Droppe, a leading B2B distribution company, has successfully secured €3.9 million in a funding round led by OpenOcean, a prominent European early-stage venture capital firm.
Key investors in this round included notable figures such as Miki Kuusi and Marianne Vikkula from Wolt, Ilkka Paananen from Supercell, Robert Gentz from Zalando, and existing investor Lifeline Ventures.
Advertisement
Transforming B2B Sales with Digital Innovation
Droppe, founded in 2020 by Johannes Salmisaari and Henrik Helenius, has developed a Source-to-Order platform designed to streamline how businesses source, order, and manage their supplies. This platform caters to modern digital preferences, offering a seamless experience for procuring safety gear, paper products, workwear, and packaging materials.
Tom Henriksson, General Partner at OpenOcean, praised Droppe’s platform, stating, “Through its Source-to-Order platform, Droppe provides buyers with the easiest way to source, order, and manage the products their operations rely on. For brands, Droppe offers more than just an online distribution channel; it delivers a scalable order management system and powerful data insights, helping brands understand market demand and expand across Europe.”
Enhancing Efficiency and Sustainability
The company’s innovative platform facilitates direct supplier-to-customer transactions, eliminating the need for intermediary storage, repackaging, and additional logistics. This streamlined approach not only enhances operational efficiency but also supports the creation of shorter, more sustainable supply chains across Europe. Over 150 leading European brands specializing in safety, workwear, paper, and packaging products have adopted Droppe’s platform to capture the growing online market and expand into new regions.
Utilizing the Capital
The newly secured funds will empower Droppe to accelerate its mission of transforming B2B distribution from traditional methods to a modern, digitally-focused approach. The company plans to enhance its platform to meet the evolving online expectations of B2B customers and recruit new commercial talent in Helsinki and Cologne to support its expanding European customer base.
Johannes Salmisaari, co-founder of Droppe, expressed excitement about the company’s growth phase, noting the increasing adoption of digital technologies and the shift in business purchasing decisions towards digital experiences. Henrik Helenius, co-founder, added that the funding will help expand their database of suppliers and products, making the sourcing and ordering process more efficient and objective.
With this substantial investment, the finish startup is well-positioned to drive significant advancements in B2B distribution, enhancing both efficiency and sustainability in the supply chain.
