About Answear.com
Answear.com is a company based in Krakow (Poland) founded in 2010.. The company has 1,200 employees as of December 31, 2024. Answear.com has completed 1 acquisition, including SneakerStudio. Answear.com offers products and services including Fashion Ecommerce Platform and Answear Club. Answear.com operates in a competitive market with competitors including Zalando, ABOUT YOU, Boozt.com, Eobuwie.pl and Topmall, among others.
- Headquarter Krakow, Poland
- Employees 1200 as on 31 Dec, 2024
- Stage Public
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Answear.Com Sa
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Annual Revenue
$366.96 M (USD)19.73as on Dec 31, 2024
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Net Profit
$-2.44 M (USD)-149.69as on Dec 31, 2024
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EBITDA
$8.8 M (USD)-37.17as on Dec 31, 2024
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Latest Funding Round
$3.45 M (USD), Debt – Conventional
Sep 20, 2023
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Investors
PKO Bank Polski
& 1 more
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Employee Count
1200
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Answear.com
Answear.com is a publicly listed company on the GPW with ticker symbol ANR in Poland, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Answear.com
Answear.com offers a comprehensive portfolio of products and services, including Fashion Ecommerce Platform and Answear Club. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for purchasing premium clothing and accessories online.
Membership service offering discounts and points for repeat purchases.
Funding Insights of Answear.com
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $3.4M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Debt – Conventional - Answear.com | Valuation |
investors |
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| Jul, 2013 | Amount | Series A - Answear.com | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Answear.com
Answear.com has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include PKO Bank Polski and MCI Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Growth-stage companies are invested in and developed by MCI Capital.
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Founded Year | Domain | Location | |
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Commercial banking services for individuals and businesses are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Answear.com
Answear.com has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SneakerStudio. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Wide range of sneakers for men and women offered online.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Answear.com
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Answear.Com Comparisons
Competitors of Answear.com
Answear.com operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zalando, ABOUT YOU, Boozt.com, Eobuwie.pl and Topmall, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online retailer offering multi-category fashion products for men, women, and children
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| domain | founded_year | HQ Location |
Online retailer offering multi-category fashion products
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| domain | founded_year | HQ Location |
Fashion brands are retailed online by Boozt.com across demographics.
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| domain | founded_year | HQ Location |
Fashion footwear and accessories are retailed online by Eobuwie.pl.
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| domain | founded_year | HQ Location |
Online retail platform offering multi-category products
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Answear.Com
Frequently Asked Questions about Answear.com
When was Answear.com founded?
Answear.com was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Where is Answear.com located?
Answear.com is headquartered in Krakow, Poland. It is registered at Krakow, Lesser Poland Voivodeship, Poland.
How many employees does Answear.com have?
As of Dec 31, 2024, the latest employee count at Answear.com is 1,200.
What is the annual revenue of Answear.com?
Annual revenue of Answear.com is $366.96M as on Dec 31, 2024.
What does Answear.com do?
Answear.com was founded in 2010 in Krakow, Poland, and operates as an online retailer within the fashion sector. A diverse catalog is maintained, encompassing apparel, innerwear, footwear, handbags, scarves, jewelry, and additional items sourced from various brands. Offerings are directed toward men, women, and children through e-commerce platforms.
Who are the top competitors of Answear.com?
What products or services does Answear.com offer?
Answear.com offers Fashion Ecommerce Platform and Answear Club.
Is Answear.com publicly traded?
Yes, Answear.com is publicly traded on GPW under the ticker symbol ANR.
How many acquisitions has Answear.com made?
Answear.com has made 1 acquisition, including SneakerStudio.
Who are Answear.com's investors?
Answear.com has 2 investors. Key investors include PKO Bank Polski, and MCI Capital.
What is Answear.com's ticker symbol?
The ticker symbol of Answear.com is ANR on GPW.
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