About Reichelt
Reichelt is a company based in Sande (Germany) founded in 2002 was acquired by Invision in September 2021.. The company has 273 employees as of December 31, 2020. Reichelt operates in a competitive market with competitors including Newegg, Conrad.com, Cyberport, Kompernass and Computeruniverse, among others.
- Headquarter Sande, Germany
- Employees 273 as on 31 Dec, 2020
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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 Reichelt Elektronik Gmbh & Co. Kg
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
European Union
& 1 more
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Employee Count
273
as on Dec 31, 2020
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Acquired by
Invision
(Sep 20, 2021)
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Funding Insights of Reichelt
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Grant - Reichelt | Valuation |
investors |
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| Jun, 2015 | Amount | Grant - Reichelt | Valuation |
investors |
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| Jan, 2014 | Amount | Grant - Reichelt | 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 Reichelt
Reichelt has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Invision. 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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Invision is engaged in providing investment and succession solutions for mid-sized companies.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Reichelt
| 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 - Reichelt
| 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 |
Reichelt Comparisons
Competitors of Reichelt
Reichelt 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 Newegg, Conrad.com, Cyberport, Kompernass and Computeruniverse, 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 electronic products are sold via an online marketplace.
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| domain | founded_year | HQ Location |
Electronic products and accessories are retailed online by Conrad.com.
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| domain | founded_year | HQ Location |
Computer equipment and consumer electronics are retailed online internationally.
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| domain | founded_year | HQ Location |
Online retailer providing accessories for Lidl and Kaufland products and tools.
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| domain | founded_year | HQ Location |
Electronics products are sold online by Computeruniverse in Germany.
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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 Reichelt
Frequently Asked Questions about Reichelt
When was Reichelt founded?
Reichelt was founded in 2002 and raised its 1st funding round 12 years after it was founded.
Where is Reichelt located?
Reichelt is headquartered in Sande, Germany. It is registered at Sande, Lower Saxony, Germany.
Who is the current CEO of Reichelt?
Ulf Timmermann is the current CEO of Reichelt.
How many employees does Reichelt have?
As of Dec 31, 2020, the latest employee count at Reichelt is 273.
What does Reichelt do?
Reichelt Elektronik was established in 2002 and is headquartered in Sande, Germany. Operations are centered on an online retail model within the electronics sector, where a range of products including cables, wires, fuses, PCBs, batteries, power chargers, cameras, adapters, tools, fiber optics, network accessories, computers, peripherals, and storage media are distributed to customers across Europe. Inventory management and e-commerce fulfillment are handled from the German base.
Who are the top competitors of Reichelt?
Reichelt's top competitors include Newegg, Cyberport and Conrad.com.
Who are Reichelt's investors?
Reichelt has 2 investors. Key investors include European Union, and Invision.
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