About BestSecret
BestSecret is a company based in Aschheim (Germany) founded in 2007.. BestSecret has raised $247.81 million across 1 funding round from investors including Ardian. BestSecret offers products and services including Membership Platform and Jobs Section. BestSecret operates in a competitive market with competitors including ABOUT YOU, Dress for less, solebox, Hirmer and X-Trade, among others.
- Headquarter Aschheim, Germany
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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 Best Secret Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$247.81 M (USD)
in 1 rounds
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Latest Funding Round
$247.81 M (USD), Private Equity Round
Aug 07, 2012
- Investors
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Employee Count
Employee Count
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Products & Services of BestSecret
BestSecret offers a comprehensive portfolio of products and services, including Membership Platform and Jobs Section. 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 exclusive shopping and member services.
Section for job opportunities and company listings.
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Software Development Team
66 people
Leadership Team
27 people
Senior Team
24 people
Sales and Marketing
20 people
Human Resources and Administration
17 people
Finance and Accounting
9 people
Creative and Marketing Team
7 people
Product Management Team
6 people
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Funding Insights of BestSecret
BestSecret has successfully raised a total of $247.81M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $247.81 million completed in August 2012. 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 Funding
- Total Rounds 1
- Last Round Private Equity Round — $247.8M
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First Round
First Round
(07 Aug 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2012 | Amount | Private Equity Round - BestSecret | Valuation | Ardian |
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| 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 BestSecret
BestSecret has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Ardian. 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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Private investment firm specializing in markets and partnerships.
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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 BestSecret
| 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 |
Financial Statements - BestSecret
| 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 |
Bestsecret Comparisons
Competitors of BestSecret
BestSecret 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 ABOUT YOU, Dress for less, solebox, Hirmer and X-Trade, 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
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| domain | founded_year | HQ Location |
Online retailer offering multi-category fashion products for men and women
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| domain | founded_year | HQ Location |
Solebox manages an e-commerce store offering multi-category fashion products.
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| domain | founded_year | HQ Location |
Men's fashion apparel and accessories are sold online by Hirmer.
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| domain | founded_year | HQ Location |
Online marketplace platform offering fashion 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 Bestsecret
Frequently Asked Questions about BestSecret
When was BestSecret founded?
BestSecret was founded in 2007 and raised its 1st funding round 5 years after it was founded.
Where is BestSecret located?
BestSecret is headquartered in Aschheim, Germany. It is registered at Aschheim, Bavaria, Germany.
Who is the current CEO of BestSecret?
Marian Gradl Schikora is the current CEO of BestSecret.
Is BestSecret a funded company?
BestSecret is a funded company, having raised a total of $247.81M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $247.81M, raised on Aug 07, 2012.
What does BestSecret do?
BestSecret was founded in 2007 in Aschheim, Germany, as an online retailer in the fashion sector. Access is granted through invitations from premium partners or existing members, with products including clothing and accessories for women, men, and children sold at discounted prices to registered users. Operations focus on multi-category offerings via the bestsecret.com domain.
Who are the top competitors of BestSecret?
BestSecret's top competitors include ABOUT YOU, Dress for less and Mirapodo.
What products or services does BestSecret offer?
BestSecret offers Membership Platform and Jobs Section.
Who are BestSecret's investors?
BestSecret has 1 investor. Key investors include Ardian.
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