About MagaLoop
MagaLoop is a company based in Berlin (Germany) founded in 2018 by Oliver Ruschpler, Michael Hogemann, and Luca Ongaro. MagaLoop has raised $16.61 million across 3 funding rounds from investors including FJ Labs, Market One Capital and FoodLabs. The company has 15 employees as of December 31, 2020. MagaLoop operates in a competitive market with competitors including Torg, foodcircle, Ablife, kollex and WEGOTRADE, among others.
- Headquarter Berlin, Germany
- Employees 15 as on 31 Dec, 2020
- Founders Oliver Ruschpler, Michael Hogemann, Luca Ongaro
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Magaloop Gmbh
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$16.61 M (USD)
in 3 rounds
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Latest Funding Round
$9.48 M (USD), Series A
May 12, 2022
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Investors
FJ Labs
& 7 more
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Employee Count
15
as on Dec 31, 2020
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Funding Insights of MagaLoop
MagaLoop has successfully raised a total of $16.61M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $9.48 million completed in May 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 MagaLoop
MagaLoop has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include FJ Labs, Market One Capital and FoodLabs.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on Europe based marketplaces, SaaS, and B2B software startups
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FoodLabs is engaged in supporting food innovation startups.
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Early-stage investments are directed toward ICT and health tech startups.
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Investor details for MagaLoop
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Investments & Acquisitions by MagaLoop
Investment portfolio details for MagaLoop
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Financial Statements - MagaLoop
Detailed financials for MagaLoop
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Magaloop Comparisons
Peer comparison for MagaLoop
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Competitors of MagaLoop
MagaLoop 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 Torg, foodcircle, Ablife, kollex and WEGOTRADE, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Food and beverage trading is facilitated through an online marketplace.
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A digital wholesale platform for organic foods is operated.
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Delivers comprehensive retail store aggregation solutions for businesses.
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App for ordering supplies from multiple providers for gastronomy businesses.
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B2B platform for food industry sales, ordering, and payments online.
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Detailed competitors of MagaLoop
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Latest news on Magaloop
Complete news archive for MagaLoop
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Frequently Asked Questions about MagaLoop
MagaLoop was founded in 2018 and raised its 1st funding round 2 years after it was founded.
MagaLoop is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
MagaLoop is a funded company, having raised a total of $16.61M across 3 funding rounds to date.
As of Dec 31, 2020, the latest employee count at MagaLoop is 15.
MagaLoop was established in 2018 and is based in Berlin, Germany. A B2B marketplace is managed through a mobile app, where products across categories including food and beverages, gas stations, bakery goods, confectionery, and tobacco items are listed. Access is enabled for Android and iOS devices, supporting wholesale transactions between businesses.
MagaLoop's top competitors include Torg, foodcircle and Vegshelf.
MagaLoop has 8 investors. Key investors include FJ Labs, Market One Capital, FoodLabs, Redalpine, and Simon Capital.