About Hier app
Hier app is a Technology company based in Berlin (Germany) founded in 2020 by Lara Hammerle. Procurement solutions for grocery retailers are offered by Hier app. It operates in the Technology, Retail, and Transportation, Automotive & Logistics sectors. Hier app has raised $7.9 million across 1 funding round from investors including Speedinvest, Entrepreneur First and Scott Chacon. Its chief executive, as recorded, is Lara Hammerle. Its focus areas include Food and Agriculture Tech, Online Grocery, Technology Enablers and Grocery Retailers. Its competitors include Torg, Retail.me and Unamera; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Total Equity Funding$7.9M (USD)
in 1 rounds
- Latest Funding Round$7.9M (USD), Seed
Dec 2021
- InvestorsSpeedinvest
& 9 more
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 $7.9M
- Total Rounds 1
- Last Round Seed — $7.9M
- First Round $7.9M
(Dec 2021)
- Investors Count 10
All 1 funding rounds of Hier app with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2021 | $7.9M | Seed | – | Collab Fund |
10 investors in total: 7 institutional and 3 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of a program turning individuals into funded technology company founders | joinef.com | London, United Kingdom | ||
Early-stage companies are invested in by A.Capital Ventures. | acapital.com | Menlo Park, United States | ||
A venture fund focused on supply chain resilience technologies. | amplifierlab.io | |||
Early-stage venture capital and startup acceleration are provided. | 2011 | speedinvest.com | Vienna, Austria | |
Venture capital fund investing in climate-tech sectors | paleblue.vc | Malmo, Sweden | ||
Early-stage VC firm | yes.vc | San Francisco, United States | ||
Private equity firm investing in multiple sectors | collabfund.com | New York, United States | ||
SC Scott Chacon | Co-founder of GitHub, angel investor, and blockchain advocate based in India. | unknown_7b6bbb1f05724b32a | ||
CF Caterina Fake | Co-founder of Flickr, angel investor, and tech innovator based in the US. | unknown_c16d67d39740475ea | ||
DK Daniel Khachab | Co-founder of Choco, active angel investor in Indian startups | unknown_94022db7eb4648a78 |
Investor details for Hier app
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Hier app
3 people are tracked at Hier app (3 in leadership).
| Name | Role | Group |
|---|---|---|
Lara Hammerle | Founder & CEO | Leadership |
Mark Hunter | Managing Director | Leadership |
Paul Emil Barbig | Head Of Commercial (sales, Customer Onboarding, Account Management) | Leadership |
Complete people profiles for Hier app
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
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Timeline of Hier app
2 dated milestones of Hier app across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Hier app is founded.
- Funding First funding round of $7.9M.
Competitors of Hier app
Hier app has 3 listed competitors in our database, 1 of them funded. They include Torg, Retail.me and Unamera.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| usetorg.com | 2022 | Berlin, Germany | $2.93M | Food and beverage trading is facilitated through an online marketplace. | ||
| retail.me | 2016 | Hamburg, Germany | 20 | B2B platform offering trade marketing and sales for retailer and manufactures | ||
| unamera.com | 2016 | Lichtentanne, Germany | Raw materials for brewing are traded via an online marketplace. |
Detailed competitors of Hier app
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Related news about Hier App
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Frequently Asked Questions about Hier app
Hier app was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Hier app is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Lara Hammerle is the CEO of Hier app, as recorded in our data. They have also founded this 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 2021.
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.
Hier app has 10 investors. Key investors include Speedinvest, Entrepreneur First, Scott Chacon, Caterina Fake, and Daniel Khachab.