About Flummox
Flummox is a company based in Switzerland founded in 2020 by Marc Marshing.. Flummox has raised $13.01 million across 3 funding rounds from investors including Diethelm Keller Group, Fasanara and Raffaele Terrone. Flummox offers products and services including Brand Acquisition Service, Scaling Expertise, and Supply Chain Management. Flummox operates in a competitive market with competitors including TechStyle, Thrasio, THG, Perch and SellerX, among others.
- Headquarter Switzerland
- Founders Marc Marshing
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Sectors
TechnologyRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.01 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Diethelm Keller Group
& 3 more
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Employee Count
Employee Count
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Products & Services of Flummox
Flummox offers a comprehensive portfolio of products and services, including Brand Acquisition Service, Scaling Expertise, and Supply Chain Management. 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.
Acquires eCommerce brands for scaling and growth.
Provides branding and multichannel strategies for brands.
Offers supply chain and finance support for eCommerce.
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Funding Insights of Flummox
Flummox has successfully raised a total of $13.01M across 3 strategic funding rounds. 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 Last Round
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First Round
First Round
(11 Mar 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series B - Flummox | Valuation | Diethelm Keller Group |
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| Mar, 2022 | Amount | Series B - Flummox | Valuation | Fasanara | |
| Mar, 2022 | Amount | Debt – Conventional - Flummox | 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 Flummox
Flummox has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include Diethelm Keller Group, Fasanara and Raffaele Terrone. 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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Invests in and manages premium, household, BBQ, and industrial brands as a long-term enterprise.
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Founded Year | Domain | Location | |
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An investment management firm specializing in diversified funds and portfolios.
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Founded Year | Domain | Location | |
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RT
Raffaele Terrone |
Co-founder of Scalapay, active angel investor in fintech and tech startups
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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 Flummox
| 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 - Flummox
| 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 |
Flummox Comparisons
Competitors of Flummox
Flummox 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 TechStyle, Thrasio, THG, Perch and SellerX, 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 |
Membership commerce solutions for fashion businesses are provided.
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| domain | founded_year | HQ Location |
Platform acquiring Amazon FBA brands
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| domain | founded_year | HQ Location |
Digital consumer brands are acquired and enabled by technology platform.
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| domain | founded_year | HQ Location |
Customer-centric e-commerce and product development services are provided globally.
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| domain | founded_year | HQ Location |
Brands are acquired and managed for Amazon-based retailers.
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| domain | founded_year | HQ Location |
Platform acquiring eCommerce businesses
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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 Flummox
Frequently Asked Questions about Flummox
When was Flummox founded?
Flummox was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Flummox located?
Flummox is headquartered in Switzerland.
Is Flummox a funded company?
Flummox is a funded company, having raised a total of $13.01M across 3 funding rounds to date. The company's 1st funding round was a Series B of $13.01M, raised on Mar 11, 2022.
What does Flummox do?
Flummox was founded in 2020 in Switzerland and operates in the e-commerce sector. Amazon FBA and Shopify brands are acquired through evaluation and due diligence processes. Legal documents are signed following analysis, with deals closed via fund transfers. Post-acquisition optimization is provided in areas such as branding, marketing, multi-channel selling, supply chain, and finance.
Who are the top competitors of Flummox?
Flummox's top competitors include Mensa Brands, Thrasio and THG.
What products or services does Flummox offer?
Flummox offers Brand Acquisition Service, Scaling Expertise, and Supply Chain Management.
Who are Flummox's investors?
Flummox has 4 investors. Key investors include Diethelm Keller Group, Fasanara, Raffaele Terrone, and Stefano Pardi.