About Watchfinder
Watchfinder is a company based in West Malling (United Kingdom) founded in 2002 by Vicky Hennell was acquired by Richemont in June 2018.. Watchfinder has raised $10 million across 2 funding rounds from investors including HSBC, Richemont and Piton Investment Management. Watchfinder operates in a competitive market with competitors including Cudoni, Luxury Promise, Open for Vintage, Subdial and Xupes, among others.
- Headquarter West Malling, United Kingdom
- Founders Vicky Hennell
- Stage Minicorn
-
Sectors
Retail
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Watchfinder.Co.Uk Limited
- Date of Incorporation 03 Sep, 2002
- Jurisdiction LONDON, ENGLAND
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
Unlock access to complete
Funding Insights of Watchfinder
Watchfinder has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in September 2014. 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 Series A — $10.0M
-
First Round
First Round
(17 Apr 2014)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2014 | Amount | Series A - Watchfinder | Valuation | Piton Capital , ProVen VCT |
|
| Apr, 2014 | Amount | Debt – Venture - Watchfinder | Valuation |
investors |
| 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 Watchfinder
Watchfinder has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include HSBC, Richemont and Piton Investment Management. 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 |
|---|---|---|---|---|
|
European stage agnostic VC firm
|
Founded Year | Domain | Location | |
|
Investments are made in growth-stage startups by Beringea.
|
Founded Year | Domain | Location | |
|
Tax-efficient investment opportunities are provided by ProVen for retail investors.
|
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 Watchfinder
| 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 |
Financial Statements - Watchfinder
| 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 |
Watchfinder Comparisons
Competitors of Watchfinder
Watchfinder 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 Cudoni, Luxury Promise, Open for Vintage, Subdial and Xupes, 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 |
Pre-owned luxury goods are sold via an online platform.
|
|
| domain | founded_year | HQ Location |
Pre-owned luxury fashion accessories are consigned through an online platform.
|
|
| domain | founded_year | HQ Location |
Vintage pre-owned fashion products are offered through an online marketplace.
|
|
| domain | founded_year | HQ Location |
Second-hand luxury watches from various brands are traded online.
|
|
| domain | founded_year | HQ Location |
Pre-owned luxury fashion items are consigned and sold online.
|
| 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 Watchfinder
Frequently Asked Questions about Watchfinder
When was Watchfinder founded?
Watchfinder was founded in 2002 and raised its 1st funding round 12 years after it was founded.
Where is Watchfinder located?
Watchfinder is headquartered in West Malling, United Kingdom.
Who is the current CEO of Watchfinder?
Arjen van de Vall is the current CEO of Watchfinder.
Is Watchfinder a funded company?
Watchfinder is a funded company, having raised a total of $10M across 2 funding rounds to date. The company's 1st funding round was a Debt – Venture of $1.68M, raised on Apr 17, 2014.
What does Watchfinder do?
Watchfinder was founded in 2002 and is based in West Malling, United Kingdom. Operations focus on an online platform for buying back and reselling pre-owned luxury watches across the UK market. Awards for Watch Retailer of the Year were received in 2014 and 2015. Annual turnover reached 93.5 million in 2015, with a forecast of 109.1 million for 2016. The website attracts 7.4 million unique visitors annually.
Who are the top competitors of Watchfinder?
Watchfinder's top competitors include Cudoni, Subdial and A Collected Man.
Who are Watchfinder's investors?
Watchfinder has 6 investors. Key investors include HSBC, Richemont, Piton Investment Management, Piton Capital, and ProVen.
What is Watchfinder's valuation?
The valuation of Watchfinder is $34.55M as of Sep 2014.