About Create2STAY
Create2STAY is a company based in Aarhus (Denmark) founded in 2021 by Ojvind Hulgaard, Thomas Ostergaard-Geisler, and Morten Linnet.. Create2STAY has raised $1.06 million across 3 funding rounds from investors including Coop. The company has 12 employees as of November 30, 2024. Create2STAY operates in a competitive market with competitors including Trove, Croissant, Rye, Vendoo and Recustomer, among others.
- Headquarter Aarhus, Denmark
- Employees 12 as on 30 Nov, 2024
- Founders Ojvind Hulgaard, Thomas Ostergaard-Geisler, Morten Linnet
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Create2stay Aps
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Annual Revenue
$209.75 K (USD)140as on Dec 31, 2022
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Net Profit
$-166.42 K (USD)-3205as on Dec 31, 2022
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EBITDA
$-187.58 K (USD)-817as on Dec 31, 2022
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Total Equity Funding
$1.06 M (USD)
in 3 rounds
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Latest Funding Round
$1 M (USD), Seed
Jun 29, 2023
- Investors
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Employee Count
12
as on Nov 30, 2024
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Funding Insights of Create2STAY
Create2STAY has successfully raised a total of $1.06M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in June 2023. 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 3
- Last Round Seed — $1.0M
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First Round
First Round
(14 Jul 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2023 | Amount | Seed - Create2STAY | Valuation | Coop Invest |
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| Oct, 2022 | Amount | Seed - Create2STAY | Valuation |
investors |
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| Jul, 2021 | Amount | Seed - Create2STAY | Valuation |
investors |
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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 Create2STAY
Create2STAY has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Coop. 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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Coop Danmark A/S is engaged in grocery retail operations.
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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 Create2STAY
| 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 - Create2STAY
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Create2stay Comparisons
Competitors of Create2STAY
Create2STAY 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 Trove, Croissant, Rye, Vendoo and Recustomer, 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 |
Recommerce management solutions are delivered to fashion companies worldwide.
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| domain | founded_year | HQ Location |
Multi-category second-hand luxury fashion is offered via an online platform.
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| domain | founded_year | HQ Location |
Recommerce software solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
Software solutions for resellers are provided via a subscription platform.
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| domain | founded_year | HQ Location |
SaaS-based re-commerce solutions are provided for brands.
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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 Create2stay
Frequently Asked Questions about Create2STAY
When was Create2STAY founded?
Create2STAY was founded in 2021.
Where is Create2STAY located?
Create2STAY is headquartered in Aarhus, Denmark.
Who is the current CEO of Create2STAY?
Morten Linnet is the current CEO of Create2STAY. They have also founded this company.
Is Create2STAY a funded company?
Create2STAY is a funded company, having raised a total of $1.06M across 3 funding rounds to date. The company's 1st funding round was a Seed of $31.8K, raised on Jul 14, 2021.
How many employees does Create2STAY have?
As of Nov 30, 2024, the latest employee count at Create2STAY is 12.
What is the annual revenue of Create2STAY?
Annual revenue of Create2STAY is $209.75K as on Dec 31, 2022.
What does Create2STAY do?
Create2STAY was founded in 2021 in Aarhus, Denmark, as a provider of re-commerce software solutions for brands and retailers in the fashion sector. An open and integrated enterprise platform is offered, connecting resale consumers with lifestyle brands to extend product lifecycles and promote circularity. Partnerships are formed with fashion brands, and the platform is integrated into seller storefronts, enabling buy-back options for customers on websites or in operated stores.
Who are the top competitors of Create2STAY?
Who are Create2STAY's investors?
Create2STAY has 1 investor. Key investors include Coop.
What is Create2STAY's valuation?
The valuation of Create2STAY is $41.75K as of Oct 2022.
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