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.
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Report Incorrect Data
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
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces → →
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • 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
    Employee Count
  • 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.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $125,000
  • First Round

    (03 Mar 2015)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2015 Amount Seed - Sellpy Valuation Sting
Per Bystedt

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
Sting is recognized as a leading startup accelerator in the Nordics.
Founded Year Domain Location
H&M Group Ventures
Venture capital fund investing in multiple sectors
Founded Year Domain Location

Per Bystedt
-
Founded Year Domain Location

Investments & Acquisitions by Sellpy

Investments

Financial Statements - Sellpy

Sellpy Comparisons

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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
Blocket
domain founded_year HQ Location
Marketplace for private car and miscellaneous item sales and digital advertisment platform
Craigslist
domain founded_year HQ Location
Online classified forum
Jumblets
domain founded_year HQ Location
Second-hand goods are traded via a location-based community marketplace.
Marknadstorg
domain founded_year HQ Location
Marknadstorg operates an online marketplace for multi-category used products.
On The Flea
domain founded_year HQ Location
Informational site about mobile phones, trends, and technology updates.

Latest news on Sellpy

Revenue almost doubled, losses more than halved at Sellpy
Aimgroup • 3 years ago
Sellpy boosts H&M's Q1 profit
Aimgroup • 3 years ago
H&M's Sellpy launches new app
Fashionnetwork • 4 years ago

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. The company's 1st funding round was a Seed of $125K, raised on Mar 03, 2015.

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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