About Flip4new
Flip4new is a company based in Frankfurt (Germany) founded in 2009 was acquired by Foxway in May 2021.. The company has 42 employees as of December 31, 2021. Flip4new operates in a competitive market with competitors including Rebuy, asgoodasnew, Wirkaufens, myhandycheck and BuyZoxs, among others.
- Headquarter Frankfurt, Germany
- Employees 42 as on 31 Dec, 2021
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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 Flip4new
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2012 | Amount | Seed - Flip4new | Valuation |
investors |
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| Sep, 2010 | Amount | Seed - Flip4new | Valuation |
investors |
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| May, 2010 | Amount | Angel Round - Flip4new | 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 Flip4new
Flip4new has secured backing from 5 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Foxway, SOSV and Lars Hinrichs. 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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Venture capital and accelerator services are provided across multiple sectors.
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Founded Year | Domain | Location | |
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SquareOne is focused on investing in B2B tech startups.
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Founded Year | Domain | Location | |
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Provides investment management services focused on portfolio construction and risk assessment.
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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 Flip4new
| 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 - Flip4new
| 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 |
Flip4new Comparisons
Competitors of Flip4new
Flip4new 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, asgoodasnew, Wirkaufens, myhandycheck and BuyZoxs, 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.
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| domain | founded_year | HQ Location |
Refurbished electronic devices are offered via an online platform.
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| domain | founded_year | HQ Location |
Online platform for selling used electronics with valuation and free shipping.
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| domain | founded_year | HQ Location |
App for evaluating and selling used smartphones with diagnostics and market tools.
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| domain | founded_year | HQ Location |
Operates as a multi-category online reseller for used goods.
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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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Frequently Asked Questions about Flip4new
When was Flip4new founded?
Flip4new was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is Flip4new located?
Flip4new is headquartered in Frankfurt, Germany. It is registered at Frankfurt, Hesse, Germany.
How many employees does Flip4new have?
As of Dec 31, 2021, the latest employee count at Flip4new is 42.
What is the annual revenue of Flip4new?
Annual revenue of Flip4new is $7.09M as on Dec 31, 2018.
What does Flip4new do?
Flip4new was founded in 2009 in Frankfurt, Germany, and operates as an e-commerce platform in the electronics sector. Consignment-based trading is facilitated, where trade-in values for used gadgets are calculated online. These values can be applied toward new devices, vouchers, or cash payouts. Only the difference between the new items price and the trade-in value is charged to users.
Who are the top competitors of Flip4new?
Flip4new's top competitors include Rebuy, asgoodasnew and Wirkaufens.
Who are Flip4new's investors?
Flip4new has 5 investors. Key investors include Foxway, SOSV, Lars Hinrichs, SquareOne, and Lars Hinrichs.
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