About PROFISHOP
PROFISHOP is a company based in Bremen (Germany) founded in 2012 by Arasch Jalali and Anna Hoffmann.. PROFISHOP has raised $35 million across 2 funding rounds from investors including TAKKT, Tiger Global and Howzat Partners. The company has 47 employees as of December 31, 2020. PROFISHOP operates in a competitive market with competitors including Ankorstore, Wer liefert was, EC21 Inc, tradingtwins and expondo, among others.
- Headquarter Bremen, Germany
- Employees 47 as on 31 Dec, 2020
- Founders Arasch Jalali, Anna Hoffmann
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Profishop Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$35 M (USD)
in 2 rounds
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Latest Funding Round
$35 M (USD), Series A
Mar 16, 2022
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Investors
TAKKT
& 2 more
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Employee Count
47
as on Dec 31, 2020
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Funding Insights of PROFISHOP
PROFISHOP has successfully raised a total of $35M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $35 million completed in March 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $35.0M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series A - PROFISHOP | Valuation | Tiger Global Management |
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| Mar, 2019 | Amount | Seed - PROFISHOP | Valuation | TAKKT , Howzat Partners |
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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 PROFISHOP
PROFISHOP has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include TAKKT, Tiger Global and Howzat Partners. 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 and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Early stage venture capital firm investing in UK
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Founded Year | Domain | Location | |
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Business equipment is manufactured for industrial, office, and foodservice sectors.
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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 PROFISHOP
| 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 - PROFISHOP
| 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 |
Profishop Comparisons
Competitors of PROFISHOP
PROFISHOP 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 Ankorstore, Wer liefert was, EC21 Inc, tradingtwins and expondo, 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 |
Multi-category products are facilitated via an online B2B marketplace platform.
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| domain | founded_year | HQ Location |
Multi-category products are listed on a B2B platform.
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| domain | founded_year | HQ Location |
Multi-category products are offered via an online B2B listing platform.
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| domain | founded_year | HQ Location |
B2B listings for multi-category products and services are facilitated online.
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| domain | founded_year | HQ Location |
Multi-category products are distributed online by expondo.
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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 PROFISHOP
When was PROFISHOP founded?
PROFISHOP was founded in 2012 and raised its 1st funding round 7 years after it was founded.
Where is PROFISHOP located?
PROFISHOP is headquartered in Bremen, Germany. It is registered at Bremen, Bremen, Germany.
Who is the current CEO of PROFISHOP?
Arasch Jalali is the current CEO of PROFISHOP. They have also founded this company.
Is PROFISHOP a funded company?
PROFISHOP is a funded company, having raised a total of $35M across 2 funding rounds to date.
How many employees does PROFISHOP have?
As of Dec 31, 2020, the latest employee count at PROFISHOP is 47.
What does PROFISHOP do?
PROFISHOP was established in 2012 in Bremen, Germany, as a B2B procurement platform. Multi-category products are offered, encompassing operating equipment, office supplies, hardware, software, construction materials, craft tools, agriculture items, electronics, industrial supplies, and additional sectors. Operations focus on facilitating procurement for businesses across these areas, with the platform accessible through profishop.de.
Who are the top competitors of PROFISHOP?
PROFISHOP's top competitors include Ankorstore, Wer liefert was and EC21 Inc.
Who are PROFISHOP's investors?
PROFISHOP has 3 investors. Key investors include TAKKT, Tiger Global, and Howzat Partners.