About Style Lounge
Style Lounge is a company based in Hamburg (Germany) founded in 2014 was acquired by Fashiola in July 2019.. Style Lounge has raised $2.52 million across 2 funding rounds from investors including Rocket Internet, Fashiola and TA Ventures. The company has 2 employees as of May 31, 2020. Style Lounge offers products and services including Clothing Platform, Accessories Service, and Shoes Platform. Style Lounge operates in a competitive market with competitors including Realry, Melize, Rare Carat, Zipcart and Gemisimo, among others.
- Headquarter Hamburg, Germany
- Employees 2 as on 31 May, 2020
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Stylelounge 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
$2.52 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Rocket Internet
& 4 more
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Employee Count
2
as on May 31, 2020
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Acquired by
Fashiola
(Jul 31, 2019)
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Products & Services of Style Lounge
Style Lounge offers a comprehensive portfolio of products and services, including Clothing Platform, Accessories Service, and Shoes Platform. 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.
Online service for purchasing fashion clothing and items
Platform selling bags, watches, and jewelry online
Online retail for sneakers, sandals, and boots
Funding Insights of Style Lounge
Style Lounge has successfully raised a total of $2.52M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(11 Aug 2015)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Series A - Style Lounge | Valuation |
investors |
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| Aug, 2015 | Amount | Series A - Style Lounge | 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 Style Lounge
Style Lounge has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Rocket Internet, Fashiola and TA 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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Early-stage technology startups are supported through venture capital investments.
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Founded Year | Domain | Location | |
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Global investments in internet and technology startups are facilitated.
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Founded Year | Domain | Location | |
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Astutia is focused on long-term investment strategies in alternative asset classes.
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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 Style Lounge
| 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 - Style Lounge
| 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 |
Style Lounge Comparisons
Competitors of Style Lounge
Style Lounge 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 Realry, Melize, Rare Carat, Zipcart and Gemisimo, 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 |
Multi-brand fashion products are aggregated online by Realry.
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| domain | founded_year | HQ Location |
Prices of multi-category fashion products are compared online.
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| domain | founded_year | HQ Location |
Online platform selling lab-created and natural diamonds for engagement rings and jewelry.
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| domain | founded_year | HQ Location |
Online platform for searching, comparing, and purchasing products from multiple stores globally.
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| domain | founded_year | HQ Location |
Serves as a price comparison platform for loose diamonds to help buyers find the best deals.
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| domain | founded_year | HQ Location |
Price comparison for fashion items is provided by TeeNOW online.
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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 Style Lounge
When was Style Lounge founded?
Style Lounge was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Style Lounge located?
Style Lounge is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
Is Style Lounge a funded company?
Style Lounge is a funded company, having raised a total of $2.52M across 2 funding rounds to date. The company's 1st funding round was a Series A of $2.52M, raised on Aug 11, 2015.
How many employees does Style Lounge have?
As of May 31, 2020, the latest employee count at Style Lounge is 2.
What does Style Lounge do?
StyleLounge was established in 2014 in Hamburg, Germany, as an online meta-search engine within the fashion sector. Price comparisons, along with checks on availability and color options, are facilitated for clothing and lifestyle products across more than 100 online retailers. Over a million items, including apparel and accessories from brands such as Adidas, Nike, Lascana, and Alba Moda, are indexed for user selection and evaluation.
Who are the top competitors of Style Lounge?
What products or services does Style Lounge offer?
Style Lounge offers Clothing Platform, Accessories Service, and Shoes Platform.
Who are Style Lounge's investors?
Style Lounge has 5 investors. Key investors include Rocket Internet, Fashiola, TA Ventures, Astutia, and Axivate Capital.
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