About BuyVIP
BuyVIP is a company based in Madrid (Spain) founded in 2006 was acquired by Amazon in October 2010.. BuyVIP has raised $27.8 million across 2 funding rounds from investors including Amazon, 3i Group and Kennet Partners. BuyVIP operates in a competitive market with competitors including Amazon, Privalia, Groupon, Paytm Mall and Miravia, among others.
- Headquarter Madrid, Spain
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Sectors
Retail
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Phone
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Website
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Social
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Funding Insights of BuyVIP
BuyVIP has successfully raised a total of $27.8M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $19.86 million completed in April 2009. 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 2
- Last Round Series C — $19.9M
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First Round
First Round
(19 Jul 2007)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2009 | Amount | Series C - BuyVIP | Valuation |
investors |
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| Jul, 2007 | Amount | Private Equity Round - BuyVIP | 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 BuyVIP
BuyVIP has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Amazon, 3i Group and Kennet Partners. 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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Tech and offline focused VC firm investing primarily in the US and Europe
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Private equity firm focused on mid-market businesses
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Venture capital investments are provided by BDMI to technology companies.
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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 BuyVIP
| 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 - BuyVIP
| 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 |
Buyvip Comparisons
Competitors of BuyVIP
BuyVIP 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 Amazon, Privalia, Groupon, Paytm Mall and Miravia, 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 |
Multi-category products are offered through an online marketplace.
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| domain | founded_year | HQ Location |
Multi-category products are sold via online flash sales at discounts.
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| domain | founded_year | HQ Location |
Online marketplace offering deals on multi-category products and services
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| domain | founded_year | HQ Location |
Multi-category consumer products are offered via an app-based marketplace.
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| domain | founded_year | HQ Location |
Operates an online marketplace for multi-category products.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Buyvip
Frequently Asked Questions about BuyVIP
When was BuyVIP founded?
BuyVIP was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Where is BuyVIP located?
BuyVIP is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Is BuyVIP a funded company?
BuyVIP is a funded company, having raised a total of $27.8M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $7.93M, raised on Jul 19, 2007.
What does BuyVIP do?
BuyVIP was founded in 2006 and is headquartered in Madrid, Spain. An online shopping platform is operated in the e-commerce sector, featuring a catalog of clothing, fashion accessories, electronics, home improvement, and beauty items. New offers are provided each day through time-limited sales events, enabling access to discounted products across these categories for global customers.
Who are the top competitors of BuyVIP?
BuyVIP's top competitors include Amazon, Privalia and Paytm Mall.
Who are BuyVIP's investors?
BuyVIP has 4 investors. Key investors include Amazon, 3i Group, Kennet Partners, and BDMI.