About Scandlines
Scandlines is a company based in Rostock (Germany) founded in 1998 was acquired by Hermes Investment Management in March 2018. It operates as a Pay-per-Use / Usage-Based, and Direct-to-Consumer (D2C). Scandlines has raised $212.3 million across 5 funding rounds from investors including 3i Group, Federated Hermes and European Union. Scandlines offers products and services including Ferry Services, Onboard Shopping, and Onboard Dining.
- Headquarter Rostock, Germany
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Scandlines A/S
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$212.3 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
3i Group
& 4 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Scandlines
Scandlines offers a comprehensive portfolio of products and services, including Ferry Services, Onboard Shopping, and Onboard Dining. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Ferry transportation is provided between Germany and Denmark.
Shopping facilities are offered onboard for passenger convenience.
Food and beverages are served onboard during crossings.
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Funding Insights of Scandlines
Scandlines has successfully raised a total of $212.3M across 5 strategic funding rounds. 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 5
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2014 | Amount | Grant - Scandlines | Valuation |
investors |
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| Apr, 2014 | Amount | Grant - Scandlines | Valuation |
investors |
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| Jan, 2014 | Amount | Grant - Scandlines | 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 Scandlines
Scandlines has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include 3i Group, Federated Hermes and European Union. 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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Private equity firm focused on mid-market businesses
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Founded Year | Domain | Location | |
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Federated Hermes is engaged in responsible investment and stewardship services.
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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 Scandlines
| 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 - Scandlines
| 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 |
Scandlines Comparisons
Competitors of Scandlines
| 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 Scandlines
When was Scandlines founded?
Scandlines was founded in 1998 and raised its 1st funding round 14 years after it was founded.
Where is Scandlines located?
Scandlines is headquartered in Rostock, Germany. It is registered at Rostock, Mecklenburg-vorpommern, Germany.
Who is the current CEO of Scandlines?
Soren Poulsgaard Jensen is the current CEO of Scandlines.
Is Scandlines a funded company?
Scandlines is a funded company, having raised a total of $212.3M across 5 funding rounds to date. The company's 1st funding round was a Grant of $14.65M, raised on Jan 01, 2012.
What does Scandlines do?
Ferry transportation is provided by Scandlines, connecting key routes between Germany and Denmark, including Puttgarden-Rødby and Rostock-Gedser. Operations are focused on passenger and vehicle transport across the Baltic Sea region. Additional services such as onboard shopping and dining are offered to enhance the travel experience. Emphasis is placed on environmental initiatives, with a green agenda integrated into operations. Tickets are made available online with discounts to encourage early booking. Coverage extends to holiday travel and day trips, catering to both leisure and business travelers.
What products or services does Scandlines offer?
Scandlines offers Ferry Services, Onboard Shopping, and Onboard Dining.
Who are Scandlines's investors?
Scandlines has 5 investors. Key investors include 3i Group, Federated Hermes, European Union, Stena Line, and First State Investments.
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