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
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$125 K (USD)
in 1 rounds
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Latest Funding Round
$125 K (USD), Seed
Mar 03, 2015
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Investors
Sting
& 2 more
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Employee Count
Employee Count
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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 Funding
- Total Rounds 1
- Last Round Seed — $125,000
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First Round
First Round
(03 Mar 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Seed - Sellpy | Valuation | Sting |
| 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 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. 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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Sting is recognized as a leading startup accelerator in the Nordics.
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Founded Year | Domain | Location | |
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Venture capital fund investing in multiple sectors
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Founded Year | Domain | Location | |
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PB
Per Bystedt |
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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 Sellpy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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.
|
2016 |
Financial Statements - Sellpy
| 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 |
Sellpy Comparisons
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. 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 |
Marketplace for private car and miscellaneous item sales and digital advertisment platform
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| domain | founded_year | HQ Location |
Online classified forum
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| domain | founded_year | HQ Location |
Second-hand goods are traded via a location-based community marketplace.
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| domain | founded_year | HQ Location |
Marknadstorg operates an online marketplace for multi-category used products.
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| domain | founded_year | HQ Location |
Informational site about mobile phones, trends, and technology updates.
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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 Sellpy
Frequently Asked Questions about Sellpy
When was Sellpy founded?
Sellpy was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Sellpy located?
Sellpy is headquartered in Stockholm, Sweden.
Is Sellpy a funded company?
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.
What does Sellpy do?
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.
Who are the top competitors of Sellpy?
Sellpy's top competitors include Craigslist, Blocket and Jumblets.
Who are Sellpy's investors?
Sellpy has 3 investors. Key investors include Sting, Per Bystedt, and H&M Group Ventures.
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