About Hier app
Hier app is a company based in Berlin (Germany) founded in 2020 by Lara Hammerle.. Hier app has raised $7.9 million across 1 funding round from investors including Speedinvest, Entrepreneur First and Scott Chacon. Hier app operates in a competitive market with competitors including Tridge, Consentio, Bigblue, Torg and Retail.me, among others.
- Headquarter Berlin, Germany
- Founders Lara Hammerle
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Sectors
TechnologyRetail Transportation, Automotive & Logistics Agriculture
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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
$7.9 M (USD)
in 1 rounds
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Latest Funding Round
$7.9 M (USD), Seed
Dec 15, 2021
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Investors
Speedinvest
& 9 more
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Employee Count
Employee Count
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Funding Insights of Hier app
Hier app has successfully raised a total of $7.9M through 1 strategic funding round. The most recent funding activity was a Seed round of $7.9 million completed in December 2021. 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 1
- Last Round Seed — $7.9M
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First Round
First Round
(15 Dec 2021)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Seed - Hier app | Valuation | Collab Fund |
| 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 Hier app
Hier app has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Speedinvest, Entrepreneur First and Scott Chacon. 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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Provider of a program turning individuals into funded technology company founders
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Founded Year | Domain | Location | |
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Early-stage companies are invested in by A.Capital Ventures.
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Founded Year | Domain | Location | |
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A venture fund focused on supply chain resilience technologies.
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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 Hier app
| 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 - Hier app
| 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 |
Hier App Comparisons
Competitors of Hier app
Hier app 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 Tridge, Consentio, Bigblue, Torg and Retail.me, 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 |
Farm products are traded via an online B2B marketplace.
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| domain | founded_year | HQ Location |
App-based B2B marketplace for fruits and vegetables is operated.
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| domain | founded_year | HQ Location |
Shipping solutions for online sellers are automated by Bigblue.
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| domain | founded_year | HQ Location |
Food and beverage trading is facilitated through an online marketplace.
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| domain | founded_year | HQ Location |
B2B platform offering trade marketing and sales for retailer and manufactures
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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 Hier App
Frequently Asked Questions about Hier app
When was Hier app founded?
Hier app was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Hier app located?
Hier app is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of Hier app?
Lara Hammerle is the current CEO of Hier app. They have also founded this company.
Is Hier app a funded company?
Hier app is a funded company, having raised a total of $7.9M across 1 funding round to date. The company's 1st funding round was a Seed of $7.9M, raised on Dec 15, 2021.
What does Hier app do?
Founded in 2020 and based in Berlin, Germany, Hier app operates in the grocery retail procurement sector. Regional suppliers are connected to retailers through a platform where orders can be placed via barcode scanning on the shop floor or by selecting from predefined sets. Digital order processing is facilitated for suppliers, along with shipping notifications, invoice transmission, and updates to prices and products.
Who are the top competitors of Hier app?
Who are Hier app's investors?
Hier app has 10 investors. Key investors include Speedinvest, Entrepreneur First, Scott Chacon, Caterina Fake, and Daniel Khachab.