Dwarfs

Amsterdam, Netherlands Founded: 2021 • Age: 5 yrs Acquired By Olsam
Multi-category products are retailed through an online platform.
Annual revenue - Latest available
Total funding $31.2M 2 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Dwarfs

Dwarfs is a company based in Amsterdam (Netherlands) founded in 2021 by Michiel Van Der Meer and Demian Beenakker was acquired by Olsam in December 2023. Dwarfs has raised $31.16 million across 2 funding rounds from investors including Olsam, Harlan Capital Partners and Solid Ventures. Dwarfs offers products and services including Online Gift Platform, Candle Holders, and Frying Pans. Dwarfs operates in a competitive market with competitors including Amazon, Wish Shopping, Groupon, bol.com and Wehkamp, among others.

  • Headquarter Amsterdam, Netherlands
  • Founders Michiel Van Der Meer, Demian Beenakker
  • Sectors
    Retail
  • Phone
    Locked
  • Website
    Locked
  • Social
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Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $31.16 M (USD)

    in 2 rounds

  • Latest Funding Round
    $31.16 M (USD), Series C

    Nov 29, 2022

  • Investors
    Olsam

    & 4 more

  • Employee Count
    Not available
  • Acquired by
    Olsam

    (Dec 22, 2023)

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Products & Services of Dwarfs

Dwarfs offers a comprehensive portfolio of products and services, including Online Gift Platform, Candle Holders, and Frying Pans.

Product name locked
Category locked
Primary

Platform for buying gifts and home items directly online

Product name locked
Category locked
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Decorative items for lighting and home enhancement

Product name locked
Category locked
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Cookware for everyday kitchen use and cooking

Funding Insights of Dwarfs

Dwarfs has successfully raised a total of $31.16M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $31.16 million completed in November 2022. 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.

Investors in Dwarfs

Dwarfs has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Olsam, Harlan Capital Partners and Solid Ventures.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Private equity funds are invested in buyouts across key sectors.
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NorthWall Capital is focused on alternative credit solutions in Western Europe.
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Investor details for Dwarfs

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  • Investor domains
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Investments & Acquisitions by Dwarfs

Investments
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Investment portfolio details for Dwarfs

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  • Transaction dates
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Financial Statements - Dwarfs

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Detailed financials for Dwarfs

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Dwarfs Comparisons

Dwarfs Primary company
Description
Multi-category products are retailed through an online platf...
Location
Amsterdam, Netherlands
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Dwarfs

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Competitors of Dwarfs

Dwarfs 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, Wish Shopping, Groupon, bol.com and Wehkamp, among others.

Company Name Domain Founded year HQ Location Description
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Multi-category products are offered through an online marketplace.
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Online marketplace platform offering multi-category consumer products
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Online marketplace offering deals on multi-category products and services
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Multi-category products including books and electronics are sold online.
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Multi-category products are retailed online by Wehkamp.
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Detailed competitors of Dwarfs

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Latest news on Dwarfs

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Complete news archive for Dwarfs

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Frequently Asked Questions about Dwarfs

Dwarfs was founded in 2021.

Dwarfs is headquartered in Amsterdam, Netherlands.

Demian Beenakker is the current CEO of Dwarfs. They have also founded this company.

Dwarfs is a funded company, having raised a total of $31.16M across 2 funding rounds to date.

Dwarfs was established in 2021 in Amsterdam, Netherlands, as an e-commerce venture. An online retail platform is maintained, through which a range of consumer goods is distributed, encompassing kitchen appliances, home decor, blankets, dog baskets, pregnancy pillows, trash cans, hammocks, hanging chairs, Christmas presents, and gifts. Operations are led by co-founders Demian Beenakker, serving as CEO, and Michiel Van Der Meer, as COO.

Dwarfs's top competitors include Amazon, bol.com and Wish Shopping.

Dwarfs offers Online Gift Platform, Candle Holders, and Frying Pans.

Dwarfs has 5 investors. Key investors include Olsam, Harlan Capital Partners, Solid Ventures, Jan Keys De Jager, and NorthWall Capital.

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