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Akeneo
Akeneo
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Akeneo is a technology company that develops product information management (PIM) and product data intelligence software to improve customer experience.[1][2] The company was founded in 2013 by Frédéric de Gombert, Benoit Jacquemont, Nicolas Dupont and Yoav Kutner. Akeneo is headquartered in Nantes, France and has offices in the United States, United Kingdom, Germany, Spain, Italy, Israel and Australia with more than 400 employees.[3][4] It has worked with customers including Shop.com, Fossil, Midland Scientific, Air Liquide, Rexel, Babolat, LVMH and Auchan.[5]

Key Information

History

[edit]

Before founding Akeneo, Frédéric de Gombert, Benoit Jacquemont and Nicolas Dupont had worked together at the open source company, Smile. They began developing a single product database to compete with Excel and brought Yoav Kutner onboard in founding Akeneo.[6][7] The name comes from the Greek word akene, like the achenes' fruits that contains all the fruits' information and spread them along the winds. The company started producing a system for managing product information for use across distribution channels.[5] Available under the open source license 3.0,[8] the first public beta of Akeneo PIM was released in September 2013.[9][10]

In January 2016, the company's chief executive officer, Frédéric de Gombert, received the prize Young Entrepreneur Prize in Digital from the French newspaper, La Tribune.[11] Akeneo was a co-founder and partner of the Open Source School created by Smile and the École privée des sciences informatiques.[12] The company also opened offices in Düsseldorf, Germany and Boston, Massachusetts during early 2016.[13]

The Deloitte Technology Fast 500 named Akeneo on its EMEA list for 2017.[14] Akeneo expanded into Israel after acquiring Sigmento, product data automation startup company. The acquisition worked to merge Sigmento's technology with Akeneo's products for data enrichment automation.[15] The company also opened offices in Spain, Poland and the United Kingdom during early 2018.[1] By late 2018, Akeneo had partnered with Magento to integrate its PIM software with the e-commerce system.[16]

In March 2019, the company expanded into Italy and later announced that it would be opening an office in Australia in 2020.[17] Akeneo was recognized as a leader in product information management applications on an IDC Marketscape report in late 2019.[18]

In September 2023, it was announced Akeneo had acquired the Paris-headquartered AI data collection, cleansing, categorisation and enrichment platform, Unifai.[19]

Funding

[edit]

Before beginning official funding, KIMA Venture and Nestadio Capital contributed €350,000 to the company in 2013.[20] In September 2014, Akeneo received initial funding of $2.3 million led by Alven Capital.[21] The company raised a Series B funding round of $13 million led by Partech Ventures in March 2017.[22] Salesforce Ventures made a strategic investment in the company as it continued to expand in North America.[23] It completed a $46 million Series C funding round in September 2019 led by Summit Partners.[24]

Finally, a last $135 million Serie D funding was completed in March 2022, always led by Summit Partners.[25]

Products

[edit]

Akeneo's products include two versions of its open-source PIM software: a free community edition (CE) as well as an enterprise software as a service (SaaS) edition (EE). More than 70,000 companies use the free community edition (CE) version.[5] Akeneo PIM open source software is built under license OSL 3.0 and written in PHP. In addition, the company launched additional modules for onboarding product information from suppliers, the Akeneo Onboarder, content syndication and AI-based curation of product content capabilities.[26][27]

In February 2020, the company released PIM 4.0 that included features such an asset manager, data quality insights, product attribute mapping and connection management by using API-based integration.[2][28] Akeneo PIM is featured in the leader quadrant on the G2 PIM vendor grid.[29]

Versions

[edit]

Note that the names of CE releases are based on Bugs Bunny episodes, and EE releases on vegetals that have akenes.

Release date Community Edition Enterprise Edition
September 2013 1.0.0-beta1 "A Wild Hare" -
March 2014 1.0.0 "Hare we go" -
April 2014 1.1.0 "Rabbit Punch" -
August 2014 1.2.0 "Acrobatty Bunny" 1.0.0 "Dandelion"
February 2015 1.3.0 "Hare Force" 1.3.0 "Strawberry"
September 2015 1.4.0 "Rhapsody Rabbit" 1.4.0 "Samara"
March 2016 1.5.0 "Fresh Hare" 1.5.0 "Sunflower"
September 2016 1.6.0 "Wackiki Wabbit" 1.6.0 "Tulip tree"
March 2017 1.7.0 "The Old Grey Hare" 1.7.0 "Artichoke"
September 2017 2.0.0 "Rebel Rabbit" 2.0.0 "Hazel"
January 2018 2.1.0 "Prest-O Change-O" 2.1.0 "Walnut"
April 2018 2.2.0 "Bonanza Bunny" 2.2.0 "Chestnut"
June 2018 2.3.0 "What’s up Doc?" 2.3.0 "Lychee"
February 2019 3.0.0 "Super-Rabbit" 3.0.0 "Rose"
April 2019 3.1.0 "Slick Hare" 3.1.0 "Lettuce"
June 2019 3.2.0 "Rabbit Transit" 3.2.0 "Edelweiss"
February 2020 4.0.0 "Hare Tonic" 4.0.0 "Daisy"
March 2021 5.0.0 "Bully for Bugs" 5.0.0 "Buttercup"
March 2022 6.0.0 "Buccaneer Bunny" 6.0.0 "Edition Maple"
March 2023 7.0.0 "Sahara hare" 7.0.0

References

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[edit]
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from Grokipedia
Akeneo is a French software company and global leader in Product Information Management (PIM) and Product Experience Management (PXM), offering an AI-powered SaaS platform known as the Akeneo Product Cloud that enables brands, retailers, manufacturers, and distributors to centralize, enrich, and optimize product data for consistent customer experiences. Founded in 2013 by Frédéric de Gombert, Nicolas Dupont, Benoit Jacquemont, and Yoav Kutner, Akeneo is headquartered in , , and operates worldwide with over 400 employees across multiple offices. In October 2024, Romain Fouache succeeded de Gombert as CEO, with de Gombert remaining as President. The company's mission is to empower business leaders through innovative software, educational resources, and a vibrant focused on product , ensuring every product interaction guides consumers toward optimal purchases across digital and physical touchpoints. Akeneo's platform normalizes, categorizes, and syndicates product information and assets, supporting integration with systems, , and print channels via an extensive app and partner of over 200 collaborators. It serves more than 900 enterprise customers and has achieved over 80,000 downloads of its open-source Community Edition, highlighting its influence in the and digital commerce sectors. Akeneo's growth has been marked by significant funding rounds, including investments from firms like Alven and others, positioning it as a key player in the with a focus on and AI-driven enhancements for .

History

Founding and early development

Akeneo was founded in 2013 in , , by Frédéric de Gombert, Benoit Jacquemont, Nicolas Dupont, and Yoav Kutner as an open-source alternative to (PIM) systems, which were often rigid and expensive for growing businesses. The founders, drawing from their experience in and open-source development—including Kutner's prior role as co-founder of —aimed to address the limitations of traditional tools by developing a more accessible solution. The company's initial focus centered on creating a flexible, community-driven PIM tool designed to centralize and enrich product data for platforms and multichannel retail operations. This approach emphasized modularity and ease of use, allowing businesses to manage product information efficiently without heavy reliance on manual processes like spreadsheets. By prioritizing an open-source model, Akeneo sought to foster collaboration among developers and users, enabling customization to meet diverse needs in product cataloging. In late , Akeneo launched the first beta version of its Community Edition, a free open-source offering that highlighted core features such as attribute management, category organization, and variant handling to streamline product catalogs. This release marked the platform's entry into the market, targeting small and medium-sized enterprises (SMEs) seeking cost-effective solutions. During its early years, Akeneo encountered challenges in gaining traction among European SMEs, where many organizations still depended on rudimentary tools like Excel for product data handling, leading to inefficiencies in scaling operations. Building a user base required educating the market on the benefits of PIM technology while competing against established proprietary vendors, though the open-source nature helped attract initial developers and early adopters in the region.

Global expansion and milestones

Akeneo began its international expansion in early 2016 with the opening of its first U.S. office in Boston, Massachusetts, aimed at serving the North American market and supporting growth in solutions. This move was followed by the establishment of an office in , , later that year, marking the company's entry into the European market beyond . By 2019, Akeneo had further expanded with offices in the (), (), and (), reflecting its strategy to localize support for global clients in key commerce regions. Additional locations, including , , were added by 2023, bringing the total to seven offices worldwide and enabling closer collaboration with partners and customers across continents. Key operational milestones underscored Akeneo's scaling from a French startup to a global leader in product information management. In 2018, the company achieved Premier Technology Partner status with Magento, integrating its PIM platform to enhance product data quality and conversion rates for e-commerce merchants. Partnerships with platforms like Shopify emerged around the same period, facilitating seamless product data synchronization and omnichannel experiences, with formal Premier Partner recognition solidified in 2025. Akeneo also actively participated in major industry events, such as DMEXCO in Cologne, Germany, where it showcased PIM capabilities and networked with digital commerce leaders. In October 2024, Romain Fouache was appointed CEO, succeeding co-founder Fred de Gombert who transitioned to the role of President and board member, alongside a refreshed brand identity to better align with evolving market demands. By 2025, Akeneo had grown its workforce to over 400 employees across its global offices, a significant increase that supported expanded operations and innovation. The company shifted its product focus toward Product Experience Management (PXM), evolving from core PIM to a broader suite that includes and activation tools for . A pivotal advancement came in 2023 with the Spring Release, which introduced AI-driven features for and enrichment within the PIM platform, automating processes to accelerate time-to-market and improve product accuracy.

Funding

Early investment rounds

Akeneo secured its initial seed funding of €350,000 in 2013 from KIMA Ventures and Nestadio Capital, which supported the foundational development of its open-source (PIM) platform shortly after the company's founding. In September 2014, the company raised $2.3 million in a led by Alven Capital, with participation from existing seed investors; this capital enabled Akeneo to expand its team from 15 to 25 employees and conduct initial market testing . The Series B round followed in March 2017, bringing in $13 million led by Partech Ventures, with Alven Capital joining as a continuing ; the proceeds were directed toward doubling the R&D team to enhance the Enterprise Edition of the PIM software and accelerating expansion across . These early investment rounds collectively provided approximately $15.65 million, which was primarily allocated to efforts aimed at improving PIM and supporting Akeneo's entry into key markets.

Later funding and valuation

In , Akeneo secured a $46 million Series C funding round led by , with participation from existing investors Alven, Partech, and Ventures. This investment was aimed at accelerating the company's expansion in , particularly through enhanced sales and marketing efforts in the United States, where Akeneo established its U.S. headquarters in . The funds also supported increased research and development in product data intelligence and automation, alongside plans to hire over 100 new staff members in the following year. Building on this momentum, Akeneo raised $135 million in a Series D round in March 2022, once again led by and joined by Alven and Partech. This brought the company's total funding to over $196 million. The capital was directed toward an accelerated product development roadmap, including advancements in AI-driven features and (DAM) integration, as well as strategic hiring to support international growth and partnerships. Post-2020, these investments facilitated significant hiring sprees, enabling Akeneo to scale its workforce and enhance capabilities in product experience management. As of 2025, Akeneo has not announced any major funding rounds beyond the Series D, shifting emphasis toward profitability and .

Corporate structure

Leadership and governance

Frédéric de Gombert serves as co-founder and President of Akeneo, having previously led the company as CEO since its inception in 2013, where he has overseen product vision and global operations. Romain Fouache serves as CEO, appointed effective November 4, 2024. Key executives include Benoit Jacquemont, co-founder and CTO, responsible for technical architecture; Nadine Pichelot, appointed in 2023 following the 2019 funding round to manage financial strategy; and board members representing major investors such as (including Steffan Peyer) and Partech. As a private company, Akeneo operates under an investor-led board that guides strategic decisions, with a focus on sustainability through CSR commitments and open-source contributions central to its PIM platform development. Akeneo's diversity initiatives include signing the Parity Pact in 2022, committing to at least 20% women on the company board by 2025 and 40% by 2028, alongside hosting its first Women in Leadership Summit in 2024; the company also maintains a Customer Advisory Board comprising experts such as Matt Nancekivell and Julia Remmele to inform strategic direction. Under the current leadership, Akeneo has seen significant employee growth, expanding its workforce to support international operations.

Offices and workforce

Akeneo is headquartered in , , where the majority of its research and development operations are conducted. The company operates seven offices worldwide, including locations in , ; , ; , ; , ; , —which serves as the regional headquarters for the ; and , . These offices support Akeneo's global operations and facilitate collaboration across time zones. As of 2025, Akeneo employs over 400 individuals representing more than 20 nationalities, with an average age of 34. Employees are distributed globally, reflecting the company's international presence and commitment to diversity. A significant portion of the team focuses on roles, aligning with Akeneo's emphasis on in and AI-driven solutions. Since its founding in 2013, Akeneo has scaled its workforce substantially to meet growing demand for its platform. In response to the 2020 shift toward , the company implemented a hybrid model, typically involving 1–2 days per week in the office and the remainder remote or flexible. This structure promotes work-life balance, , and inclusivity, supported by five employee resource groups addressing topics such as women in tech, LGBTQIA+, , parents, and people of color. Akeneo's culture is guided by core values including Diligent Benevolence, Humble Hunger, Responsible Pioneers, and Inclusive Community, fostering an environment of kindness, excellence, and customer focus. The company encourages employee participation in its open-source community, evidenced by over 80,000 downloads of the Community Edition and partnerships with more than 200 contributors. Benefits include a allowance, two days of time off annually, four mental health sessions per year, enhanced , and a sustainable transportation allowance to support eco-friendly commuting.

Products and services

Core PIM platform

Akeneo PIM serves as the foundational open-source (PIM) platform designed to centralize and manage product data across an organization's various systems and channels. It provides a for product information, enabling businesses to organize and enrich data related to attributes, locales, channels, and categories, which supports efficient handling of complex product catalogs in multichannel environments. The platform's data model revolves around key entities such as products, product models, families, attributes, categories, and channels. Attributes define product characteristics and can be localizable (varying by or ) or scopable (varying by sales channel), while categories enable for and discovery. Locales handle multilingual and regional adaptations, and channels represent distribution outlets like sites or print catalogs, ensuring data is tailored for specific contexts. Akeneo PIM is available in three primary editions: the Community Edition, which is free and open-source under the Open Software License (OSL) 3.0, offering core features for small to medium-sized businesses including basic data management and access; the Growth Edition, a paid SaaS option designed for growing businesses with enhanced features such as improved collaboration tools and scalability support; and the Enterprise Edition, a paid SaaS or on-premise option that includes advanced capabilities such as enhanced workflows, read-only fields, and professional support, along with higher throughput limits for larger-scale operations. Core functionalities encompass data enrichment through rules and completeness scoring, automated generation for configurable products via variants and product models, and import/export operations supporting CSV files and APIs for bulk data handling. The platform also facilitates multichannel syndication by distributing enriched product information to platforms, marketplaces, and other endpoints, streamlining content delivery. Technically, Akeneo PIM is built on the PHP framework with a backend, utilizing ORM for data persistence and for search performance, allowing it to scale effectively for catalogs containing hundreds of millions of stock-keeping units (SKUs).

Extensions and integrations

Akeneo's ecosystem extends beyond its core Product Information Management (PIM) platform through modular add-ons that enhance functionality for handling, vendor collaboration, and data sharing. A key extension is Akeneo , introduced as part of the 2025 Autumn Release, which enables the centralized management of digital assets such as images and videos directly linked to product records within the PIM. This native integration streamlines workflows by allowing teams to store, organize, retrieve, and distribute files alongside structured product data, reducing silos between content and . The 2025 Autumn Release further incorporates AI-powered features to automate and optimize product processes. These include AI Auto-Mapping for automated content localization, which intelligently aligns product attributes with channel-specific requirements to accelerate market launches and improve accuracy across global sales channels. Additionally, Next Gen AI capabilities provide dynamic rules for compliance and , offering transparency and control over AI-generated outputs to ensure regulatory adherence and build trust in automated enrichments. Complementing these, AI-driven tools in Akeneo handle automated asset tagging with descriptive keywords and transformations like resizing or cropping for tailored channel needs, while broader AI enhancements support insights through features like the Agent for efficient catalog management. Other notable extensions include the Supplier Data Manager, a portal designed for vendor that facilitates the collection, enrichment, and of supplier-provided product and assets. It supports automated error flagging, customizable workflows for corrections, and integration with PIM, , or pricing systems, enabling scalable and reducing time-to-market for retailers and distributors. Similarly, Shared Catalogs allow for secure B2B sharing of tailored product via brandable online portals, where stakeholders can access up-to-date catalogs, select products, and export data in formats like PDF or XLSX without requiring IT intervention, fostering among sales, service, and partner teams. Akeneo's connectivity is bolstered by over 150 pre-built apps and integrations available through its , connecting the PIM to a wide array of third-party systems. These include ERP platforms like , eCommerce solutions such as and Salesforce Commerce Cloud, and marketplaces like Amazon, facilitating seamless data synchronization and activation across sales channels. DAM integrations with tools like Bynder and further extend asset management capabilities. At the heart of these extensions lies the Product Cloud vision, a unified SaaS platform for Product Experience Management (PXM) that optimizes data flow from enrichment to activation across omnichannel environments. By centralizing product stories—including information, assets, and experiences—this architecture eliminates inefficiencies from disparate tools, enabling AI-driven , faster global expansion, and measurable improvements such as a 70% reduction in time-to-market and enhanced productivity.

Acquisitions

Sigmento acquisition

In January 2018, Akeneo, a French provider of open-source (PIM) solutions, acquired Sigmento, an Israeli startup specializing in AI-driven data automation for . The acquisition aimed to enhance Akeneo's PIM platform by incorporating advanced capabilities to automate and improve product data enrichment processes. Sigmento's core technology leveraged and algorithms to help online retailers organize unstructured product data, automatically generate enriched descriptions, and optimize content for visibility. By aggregating public data from millions of products, the platform enabled merchants to streamline catalog management with minimal manual input, focusing on key attributes like features, specifications, and SEO-friendly metadata. Following the acquisition, Akeneo integrated Sigmento's technology directly into its PIM offerings, expanding its internal database to include over 50 million products and introducing automated enrichment tools for descriptions and other data points. This merger strengthened Akeneo's ability to deliver comprehensive product experiences, allowing retailers to transform raw information into compelling brand assets for multichannel distribution. The strategic move addressed growing demands for intelligent automation in , positioning Akeneo as a leader in data-driven PIM solutions.

Unifai acquisition

In September 2023, Akeneo acquired Unifai, a Paris-based AI platform founded in 2017 that specializes in automating product data processes for e-tailers, distributors, and marketplaces. The deal, announced on September 19 and with an undisclosed value, enabled Akeneo to incorporate Unifai's machine learning and generative AI technologies into its Product Cloud platform, focusing on streamlining supplier data onboarding and enrichment. Unifai's core capabilities include AI-driven data collection, cleansing for validation and normalization, categorization, and enrichment, which automate the handling of unstructured product information from diverse sources. Unifai's technology employs generative AI to produce content such as product descriptions and romance copy, while supporting natural language-based and data optimization to ensure accuracy and consistency across channels. These features facilitate in product data querying and , allowing for more efficient validation and generation of tailored recommendations without manual intervention. Post-acquisition, Unifai's AI tools were integrated to achieve up to 50% time savings in data onboarding and 95% accuracy in enrichment processes, enhancing Akeneo's overall ecosystem. The acquisition's outcomes became evident in Akeneo's Summer 2025 release, which introduced the AI Data Architect Agent—an agentic AI solution that automates the creation and evolution of governable product data models in minutes, reducing traditional implementation timelines from months to days. This agent supports smarter data modeling by extracting structured information from images and PDFs, enabling composable product configurations, and enforcing compliance rules through adaptive governance features. Drawing from Unifai's foundational AI, these advancements position Akeneo as a leader in Product Experience Management (PXM), addressing the rising demand for AI-powered solutions in retail to deliver personalized and compliant product experiences at scale.

Recognition and impact

Analyst evaluations

Akeneo has been recognized as a Leader in the IDC MarketScape for Worldwide Applications for Commerce 2024-2025, evaluated among 19 vendors for its open-source accessibility, comprehensive product activation capabilities, and strong emphasis on to support enterprise-level digital commerce operations. The assessment highlights Akeneo's ability to provide a centralized platform that ensures data completeness across multichannel environments, enabling efficient syndication to over 450 marketplaces such as Amazon and . In the IDC MarketScape for Worldwide Product Experience Management and Plus Applications for Digital Commerce 2025, Akeneo was again named a Leader, praised for its completeness of vision in delivering consistency through AI-driven data enrichment and . The report notes the platform's scalability for midmarket and enterprise users, supported by a cloud-native architecture that facilitates flexible workflows and extensive integrations with , CRM, and commerce systems, fostering a robust for . Akeneo is positioned as a Representative Vendor in Gartner's 2025 Market Guide for Solutions, where it is evaluated alongside 20 providers for its end-to-end support of the product data lifecycle, including over 160 native integrations and advanced AI capabilities for content optimization. This recognition underscores Akeneo's in open-source models, allowing customizable and syndication that enhance product experiences across sales channels. In the ISG Provider Lens 2025 for for , Akeneo earned top 3 rankings in Capability, Manageability, and , positioning it as a strong solution for manufacturers seeking AI-powered enrichment and syndication capabilities. On , Akeneo has been ranked as a Leader in the category for 2025, based on user reviews that award it high scores in ease of use (9.0/10) and estimated ROI (8.8/10), reflecting its intuitive interface and value in streamlining product operations. These ratings are corroborated by customer testimonials emphasizing quick adoption and measurable efficiency gains in .

Customer adoption and case studies

Akeneo has established a strong presence in the enterprise market, serving over 900 customers worldwide as of early 2025, with a particular emphasis on luxury and retail sectors. Notable adopters include , which leverages the platform for product data management to enhance customer experiences across global channels; , a watch and accessories brand that utilizes Akeneo to centralize product information; and Shop.com, an that integrates the PIM solution to streamline its vast product catalog. These implementations highlight Akeneo's role in supporting luxury retail PIM needs, where accurate and enriched product data drives personalized shopping journeys. Key case studies illustrate the platform's practical impact. , operating in 140 countries with 30,000 distribution points and 400 retail locations, adopted Akeneo to replace manual Excel processes and legacy systems, creating a for product data across 13 locales and integrations with , PLM, and DAM tools. This enabled global scalability without additional headcount, faster seasonal launches via custom views, and consistent customer-facing information, earning Akeneo's Expansion Award. In 2025, , an AI-powered beauty platform backed by , integrated Akeneo PIM to enhance product recommendations, using facial scanning and quizzes to generate personalized BeautyDNA profiles for skincare and makeup suggestions, thereby revolutionizing beauty buying experiences. Akeneo will support 's expansion to include more brands and categories. In April 2025, Akeneo presented its annual PXM Champions Awards at the Unlock 2025 event in , recognizing customers for outstanding implementations. Recipients included for operational efficiency, KoRo for reducing time-to-market, Kruitbosch for collaboration enhancements, and Groupe Emosia for scalable product syndication, demonstrating Akeneo's impact on growth and innovation across retail sectors. Adoption trends reflect robust growth, particularly in the following the $135 million Series D funding in 2022, which fueled product enhancements and market expansion. By late 2023, Akeneo surpassed 850 worldwide customers, driven by major North American enterprises like CarParts.com and , indicating accelerated penetration. The company has also targeted mid-market retailers through its open-source Community Edition, which has garnered over 80,000 downloads, enabling cost-effective entry into PIM while upselling to enterprise features. Akeneo's implementations deliver measurable impact, as evidenced by a Forrester Total Economic Impact study on its PIM solution, which projected benefits for a composite including $45.4 million in gains from improved and , alongside reduced operational inefficiencies. These outcomes underscore the platform's contribution to scalable product syndication and enriched experiences across channels.

References

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