About Springlane
Springlane is a company based in Dusseldorf (Germany) founded in 2012.. Springlane has raised $23.67 million across 4 funding rounds from investors including KfW, Heliad and S-UBG. The company has 104 employees as of December 31, 2020. Springlane offers products and services including Ice Cream Machine, High-Performance Mixer, Waffle Iron, and Milk Frother. Springlane operates in a competitive market with competitors including Cuciniale, KRUPS, Knister Grill, PolarFoxx and Babynahrungszubereiter, among others.
- Headquarter Dusseldorf, Germany
- Employees 104 as on 31 Dec, 2020
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Sectors
ConsumerRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Springlane Gmbh
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Annual Revenue
$41.12 M (USD)93as on Dec 31, 2020
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Net Profit
$346.9 K (USD)23as on Dec 31, 2021
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EBITDA
$346.9 K (USD)23as on Dec 31, 2021
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Total Equity Funding
$23.67 M (USD)
in 4 rounds
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Latest Funding Round
$11.21 M (USD), Series C
Aug 08, 2019
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Investors
KfW
& 6 more
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Employee Count
104
as on Dec 31, 2020
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Products & Services of Springlane
Springlane offers a comprehensive portfolio of products and services, including Ice Cream Machine, High-Performance Mixer, Waffle Iron, and Milk Frother. 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.
Device for making homemade ice cream easily.
Blender for smoothies and food processing.
Tool for baking waffles at home.
Appliance for frothing milk for beverages.
Funding Insights of Springlane
Springlane has successfully raised a total of $23.67M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $11.21 million completed in August 2019. 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 C — $11.2M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2019 | Amount | Series C - Springlane | Valuation | S-UBG , Apeiron Investment Group | |
| Sep, 2015 | Amount | Series B - Springlane | Valuation | TEV Ventures , KfW |
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| Jul, 2013 | Amount | Series A - Springlane | Valuation | TEV Ventures , HV Capital |
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| 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 Springlane
Springlane has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include KfW, Heliad and S-UBG. 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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Innovative companies are supported with equity and strategic expertise by S-UBG.
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Founded Year | Domain | Location | |
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Venture capital firm backed by Christian Angermayer
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Founded Year | Domain | Location | |
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Private equity investments in growth-stage companies are managed by Heliad.
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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 Springlane
| 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 - Springlane
| 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 |
Springlane Comparisons
Competitors of Springlane
Springlane 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 Cuciniale, KRUPS, Knister Grill, PolarFoxx and Babynahrungszubereiter, 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 |
Provider of intelligent cooktop system to assist in cooking
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| domain | founded_year | HQ Location |
Kitchen appliances are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Offers mobile grills for balcony grilling, camping, and outdoor adventures.
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| domain | founded_year | HQ Location |
Provides LoRa and Bluetooth thermometers for automated monitoring and documentation in safety applications.
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| domain | founded_year | HQ Location |
Offers devices for steaming and mixing healthy baby food quickly and efficiently.
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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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Frequently Asked Questions about Springlane
When was Springlane founded?
Springlane was founded in 2012.
Where is Springlane located?
Springlane is headquartered in Dusseldorf, Germany. It is registered at Dusseldorf, North Rhine-westphalia, Germany.
Is Springlane a funded company?
Springlane is a funded company, having raised a total of $23.67M across 4 funding rounds to date.
How many employees does Springlane have?
As of Dec 31, 2020, the latest employee count at Springlane is 104.
What is the annual revenue of Springlane?
Annual revenue of Springlane is $41.12M as on Dec 31, 2020.
What does Springlane do?
Springlane was founded in 2012 in Dusseldorf, Germany. Kitchen appliances and accessories are developed and produced within the consumer goods sector. Operations involve the creation of items such as ice cream makers, mixers, waffle irons, plant milk makers, dehydrators, cookware, cutlery, and tableware. Functionality and aesthetic design are prioritized to support cooking activities. Replacement parts are supplied for various existing products.
Who are the top competitors of Springlane?
Springlane's top competitors include KRUPS, Cuciniale and Knister Grill.
What products or services does Springlane offer?
Springlane offers Ice Cream Machine, High-Performance Mixer, Waffle Iron, and Milk Frother.
Who are Springlane's investors?
Springlane has 7 investors. Key investors include KfW, Heliad, S-UBG, Apeiron Investment Group, and Ithaca Capital.