Channel Gate Technologies is a digital platform company focused on online furniture retail. The platform includes technology for vending furniture online on its own digital properties and on 3rd party marketplaces, a B2B SaaS business unit called Channel Gate helping furniture manufacturers and retailers list their products on 3rd party marketplaces, and a logistics marketplace called Freight Club which enables shippers to plan, price out, and schedule door-to-door delivery anywhere in North America. Channel Gate currently lists over 350,000 SKUs across the different digital properties and marketplaces, white labels many of its own furniture pieces, and ships over 50,000 packages a month. Channel Gate also collects millions of data points on pricing and product ranking which enables it to create complex data models for maximizing margins in the competitive online vertical. Channel Gate strives to provide North Americans with more options in furniture and home décor and offers furniture manufacturers and vendors that are having difficulty selling furniture online the tools and technology to compete against larger online competitors. The Company was founded in 2004 and is headquartered in British Columbia.
Investment year: 2015
Industry sector: Information technology