About Veepee
Veepee is a company based in Saint-denis (France) founded in 2001 by Jacques Antoine Granjon, Xavier Court, Ilan Benhaim, and Michael Benabou. It operates as a D2C. Veepee has completed 9 acquisitions, including Designers & Friends, Le Petit Ballon and Privalia. Veepee offers products and services including Flash Sale Platform. Veepee operates in a competitive market with competitors including BrandAlley, among others.
- Headquarter Saint-denis, France
- Founders Jacques Antoine Granjon, Xavier Court, Ilan Benhaim, Michael Benabou
-
Sectors
Retail
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Veepee Nordics Aps
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$95.02 M (USD), Debt – Conventional
Jul 01, 2021
-
Investors
European Investment Bank
& 1 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
Designers & Friends
& 8 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Veepee
Veepee offers a comprehensive portfolio of products and services, including Flash Sale 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 time-limited discounted brand products
Funding Insights of Veepee
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $95.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Debt – Conventional - Veepee | Valuation |
investors |
|
| May, 2007 | Amount | Private Equity Round - Veepee | Valuation | Summit Partners |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Veepee
Veepee has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include European Investment Bank and Summit Partners. 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 |
|---|---|---|---|---|
|
Finance and advisory services for infrastructure projects are provided.
|
Founded Year | Domain | Location | |
|
Summit Partners is recognized as a growth equity investment firm.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Veepee
Veepee has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Designers & Friends, Le Petit Ballon and Privalia. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Cloud-based data integration is provided for e-commerce platforms.
|
2016 | ||||
|
Marketplace for brands and online retailers
|
2014 | ||||
|
Personalized discovery, learning and shopping for wine
|
2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Veepee
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Veepee Comparisons
Competitors of Veepee
Veepee 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 BrandAlley, 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-category products are retailed online through flash sales.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Veepee
Frequently Asked Questions about Veepee
When was Veepee founded?
Veepee was founded in 2001 and raised its 1st funding round 6 years after it was founded.
Where is Veepee located?
Veepee is headquartered in Saint-denis, France.
Who is the current CEO of Veepee?
Jacques Antoine Granjon is the current CEO of Veepee. They have also founded this company.
What does Veepee do?
Veepee operates as an online retail platform specializing in flash sales, providing discounted products from major brands in categories like fashion, travel, home, and beauty. It features time-limited deals with up to 70 off, encouraging quick purchases through a user-friendly website. The service focuses on daily surprises and exclusive offers, allowing direct buying for consumers. No specific location or client details are mentioned in the available text.
Who are the top competitors of Veepee?
Veepee's top competitors include BrandAlley.
What products or services does Veepee offer?
Veepee offers Flash Sale Platform.
How many acquisitions has Veepee made?
Veepee has made 9 acquisitions, including Designers & Friends, Le Petit Ballon, and Privalia.
Who are Veepee's investors?
Veepee has 2 investors. Key investors include European Investment Bank, and Summit Partners.