asgoodasnew

Frankfurt, Germany Founded: 2008 • Age: 18 yrs
Refurbished electronic devices are offered via an online platform.
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About asgoodasnew

asgoodasnew is a company based in Frankfurt (Germany) founded in 2008.. asgoodasnew has raised $34.53 million across 3 funding rounds from investors including MCI Capital, Investitionsbank des Landes Brandenburg and Verdane. asgoodasnew operates in a competitive market with competitors including Rebuy, Back Market, Flip4new, Wirkaufens and myhandycheck, among others.

  • Headquarter Frankfurt, Germany
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $34.53 M (USD)

    in 3 rounds

  • Latest Funding Round
    $21.8 M (USD), Series C

    Dec 11, 2020

  • Investors
    MCI Capital

    & 7 more

  • Employee Count
    Employee Count
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People of asgoodasnew
Headcount 50-200
Employee Profiles 16
Employee Profiles
People
Sophia Knade
Head of Marketing
People
Patrick Brückner
Head of Sales & Business Development
People
Stefan Groitl
CFO
People
Tim Seewoester
Managing Director & CMO

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Funding Insights of asgoodasnew

asgoodasnew has successfully raised a total of $34.53M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $21.8 million completed in December 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series C — $21.8M
  • First Round
  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2020 Amount Series C - asgoodasnew Valuation Verdane
Jan, 2015 Amount Series C - asgoodasnew Valuation Munich Venture Partners
Jun, 2010 Amount Seed - asgoodasnew Valuation Point Nine
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in asgoodasnew

asgoodasnew has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include MCI Capital, Investitionsbank des Landes Brandenburg and Verdane. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm and funds of fund focused on technology-enabled and sustainable companies
Founded Year Domain Location
Venture capital investments are directed toward Germany and the US.
Founded Year Domain Location
Corporate venture arm of Mediengruppe Pressedruck, focusing on media investments.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by asgoodasnew

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - asgoodasnew

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Asgoodasnew Comparisons

Employees
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Competitors of asgoodasnew

asgoodasnew 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 Rebuy, Back Market, Flip4new, Wirkaufens and myhandycheck, 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
Used electronic products are traded via an online marketplace.
domain founded_year HQ Location
Refurbished electronic products are traded via an online marketplace.
domain founded_year HQ Location
Used electronics are exchanged for new gadgets, vouchers, or cash.
domain founded_year HQ Location
Online platform for selling used electronics with valuation and free shipping.
domain founded_year HQ Location
App for evaluating and selling used smartphones with diagnostics and market tools.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Asgoodasnew

asgoodasnew partners with Verdane
Majunke5 years ago
VC-backed Wirkaufens raises €11m
Unquote11 years ago
Asgoodasnew receives €11 million Series C
Clipperton11 years ago

Frequently Asked Questions about asgoodasnew

When was asgoodasnew founded?

asgoodasnew was founded in 2008 and raised its 1st funding round 2 years after it was founded.

Where is asgoodasnew located?

asgoodasnew is headquartered in Frankfurt, Germany. It is registered at Frankfurt, Hesse, Germany.

Who is the current CEO of asgoodasnew?

Daniel Boldin is the current CEO of asgoodasnew.

Is asgoodasnew a funded company?

asgoodasnew is a funded company, having raised a total of $34.53M across 3 funding rounds to date.

What does asgoodasnew do?

Established in 2008 in Frankfurt, Germany, asgoodasnew operates as an e-commerce site focused on refurbished electronics. Mobile phones, MacBooks, tablets, smartwatches, notebooks, and accessories from brands such as Apple, Samsung, Asus, OnePlus, Google, and Honor are sold. All items undergo quality testing before being listed on the platform for purchase.

Who are the top competitors of asgoodasnew?

asgoodasnew's top competitors include Rebuy, Back Market and Flip4new.

Who are asgoodasnew's investors?

asgoodasnew has 8 investors. Key investors include MCI Capital, Investitionsbank des Landes Brandenburg, Verdane, Munich Venture Partners, and pd ventures.

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