About Service Partner
Service Partner is a company based in Berlin (Germany) founded in 2015 was acquired by Karcher New Venture in April 2019.. Service Partner has raised $11.32 million across 4 funding rounds from investors including EQT Ventures, Target Global and Rheingau Founders. The company has 17 employees as of December 31, 2018. Service Partner operates in a competitive market with competitors including Shiawa, among others.
- Headquarter Berlin, Germany
- Employees 17 as on 31 Dec, 2018
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Service Partner One Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.32 M (USD)
in 4 rounds
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Latest Funding Round
$10 M (USD), Series A
Jul 06, 2016
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Investors
EQT Ventures
& 9 more
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Employee Count
17
as on Dec 31, 2018
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Acquired by
Karcher New Venture
(Apr 05, 2019)
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Funding Insights of Service Partner
Service Partner has successfully raised a total of $11.32M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in July 2016. 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 4
- Last Round Series A — $10.0M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2016 | Amount | Series A - Service Partner | Valuation |
investors |
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| Nov, 2015 | Amount | Seed - Service Partner | Valuation |
investors |
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| Jun, 2015 | Amount | Seed - Service Partner | 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 Service Partner
Service Partner has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include EQT Ventures, Target Global and Rheingau Founders. 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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Venture capital investments in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Venture capital firm
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Founded Year | Domain | Location | |
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Tech focused Incubator & VC firm investing in the UK & Germany
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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 Service Partner
| 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 - Service Partner
| 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 |
Service Partner Comparisons
Competitors of Service Partner
Service Partner 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 Shiawa, 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 |
SaaS platform for office management is offered to facility managers.
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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 Service Partner
Frequently Asked Questions about Service Partner
When was Service Partner founded?
Service Partner was founded in 2015.
Where is Service Partner located?
Service Partner is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Service Partner a funded company?
Service Partner is a funded company, having raised a total of $11.32M across 4 funding rounds to date.
How many employees does Service Partner have?
As of Dec 31, 2018, the latest employee count at Service Partner is 17.
What does Service Partner do?
Service Partner was founded in 2015 in Berlin, Germany, within the digital services sector. Office management is facilitated through online platforms and the ServiceBase webiPad app, enabling bookings for cleaning, drinks, fruit baskets, coffee machines, water dispensers, and supplies. Operations span 500 offices across six European cities, with clients including McKinsey Company, Salesforce, Commerzbank, Spotify, Twitter, and WeWork.
Who are the top competitors of Service Partner?
Service Partner's top competitors include Shiawa.
Who are Service Partner's investors?
Service Partner has 10 investors. Key investors include EQT Ventures, Target Global, Rheingau Founders, Viessmann Generations Group, and Earlybird.
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