Sellpy

Stockholm, Sweden Founded: 2014 • Age: 12 yrs Acquired By H&M Group Ventures
Second-hand multi-category products are sold via an online consignment platform.
Annual revenue - Latest available
Total funding $125,000 1 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

About Sellpy

Sellpy is a company based in Stockholm (Sweden) founded in 2014 was acquired by H&M Group Ventures in October 2019. Sellpy has raised $125 thousand across 1 funding round from investors including Sting, Per Bystedt and H&M Group Ventures. Sellpy operates in a competitive market with competitors including Blocket, Craigslist, Jumblets, Marknadstorg and On The Flea, among others.

  • Headquarter Stockholm, Sweden
  • Sectors
    Retail
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $125 K (USD)

    in 1 rounds

  • Latest Funding Round
    $125 K (USD), Seed

    Mar 03, 2015

  • Investors
    Sting

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    H&M Group Ventures

    (Oct 10, 2019)

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Funding Insights of Sellpy

Sellpy has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in March 2015. 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 Sellpy

Sellpy has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Sting, Per Bystedt and H&M Group Ventures.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Sting is recognized as a leading startup accelerator in the Nordics.
Locked Locked Locked
Venture capital fund investing in multiple sectors
Locked Locked Locked

Per Bystedt

-
Locked Locked Locked
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Investor details for Sellpy

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Investments & Acquisitions by Sellpy

Investments
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Investment portfolio details for Sellpy

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Financial Statements - Sellpy

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Detailed financials for Sellpy

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Sellpy Comparisons

Sellpy Primary company
Description
Second-hand multi-category products are sold via an online c...
Location
Stockholm, Sweden
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Sellpy

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Competitors of Sellpy

Sellpy 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 Blocket, Craigslist, Jumblets, Marknadstorg and On The Flea, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Marketplace for private car and miscellaneous item sales and digital advertisment platform
Locked Locked Locked
Online classified forum
Locked Locked Locked
Second-hand goods are traded via a location-based community marketplace.
Locked Locked Locked
Marknadstorg operates an online marketplace for multi-category used products.
Locked Locked Locked
Informational site about mobile phones, trends, and technology updates.
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Detailed competitors of Sellpy

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Latest news on Sellpy

Sellpy boosts H&M's Q1 profit
Aimgroup3 years ago
H&M's Sellpy launches new app
Fashionnetwork4 years ago
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Complete news archive for Sellpy

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Frequently Asked Questions about Sellpy

Sellpy was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Sellpy is headquartered in Stockholm, Sweden.

Sellpy is a funded company, having raised a total of $125K across 1 funding round to date.

Sellpy was founded in 2014 in Stockholm, Sweden, as an e-commerce platform focused on second-hand goods. Operations center on a consignment model where items in categories like fashion, beauty, electronics, home appliances, decor, pet supplies, and baby care are listed and sold. The service is accessible through mobile applications on iOS and Android devices, serving users primarily in the European market.

Sellpy's top competitors include Craigslist, Blocket and Jumblets.

Sellpy has 3 investors. Key investors include Sting, Per Bystedt, and H&M Group Ventures.

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