About Watchmaster
Watchmaster is a Retail company based in Berlin (Germany) founded in 2015. It operates as a luxury watches are traded and serviced through an online platform. Watchmaster has raised $23.75 million across 5 funding rounds from investors including Milano Investment Partners, OLMA Luxury Holdings and Cherry Ventures. The company has 72 employees. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Accessories. Its legal entity is Watchmaster ICP GmbH. Its competitors include Vestiaire Collective, Rebelle, Saclab, carou and SecondSkin and 4 more; 2 of its 9 listed competitors have raised funding.
Company details
Watchmaster was established in 2015 as an ecommerce platform focused on new and pre-owned luxury watches. Operations are based in Berlin, Germany, with sales directed to customers and collectors worldwide via a network of certified dealers and watchmakers. Services provided include purchasing, selling, repairs, maintenance, and free authenticity estimates, ensuring all items are verified as genuine.
- Headquarters Berlin, Germany
- Employees 72
- SectorsRetail
- Website watchmaster.com
- Social LinkedIn X
- Legal Name Watchmaster Icp Gmbh
- Annual Revenue$5.91 M (USD)0as on Dec 31, 2015
- Net Profit-$1.7 M (USD)0as on Dec 31, 2015
- EBITDA-$1.7 M (USD)0as on Dec 31, 2015
- Total Equity Funding$23.75M (USD)
in 5 rounds
- InvestorsMilano Investment Partners
& 4 more
- Employee Count72
Funding Insights of Watchmaster
Watchmaster has successfully raised a total of $23.75M across 5 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 $23.75M
- Total Rounds 5
- First Round $5.5M
(Nov 2015)
- Investors Count 5
All 5 funding rounds of Watchmaster with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2020 | – | Series B | – | Milano Investment Partners, OLMA Luxury Holdings | |
| Nov 2018 | $4.55M | Debt – Conventional | – | – | – |
| Nov 2018 | $10.25M | Series B | – | – | – |
| Feb 2016 | $8M | Series B | – | Cherry Ventures | |
| Nov 2015 | $5.5M | Series A | – | Piton Capital, Cherry Ventures | – |
5 investors in total: 5 institutional.
Investors in Watchmaster
Watchmaster has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Milano Investment Partners, OLMA Luxury Holdings and Cherry Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are directed toward the lifestyle sector. | 2017 | milanoinvestment.com | Milan, Italy | |
Investment in luxury sector startups and SMEs is facilitated by OLMA Luxury Holdings. | 2012 | olma.com | Dublin, Ireland | |
Provider of early-stage venture capital funding for European technology companies | – | cherry.vc | Berlin, Germany | |
Tech startups are funded by Mutschler Ventures venture capital firm. | – | mutschler-ventures.com | Baar, Switzerland | |
European stage agnostic VC firm | – | pitoncap.com | London, United Kingdom |
Investor details for Watchmaster
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People of Watchmaster
9 people are tracked at Watchmaster (1 in leadership, 8 in team); the tracked headcount is 72.
| Name | Role | Group |
|---|---|---|
Amelie Verena Thora Sonntag | Head of Client Advisory | Leadership |
Ehsan Basouri | Frontend Developer | Team |
Valentino Paleari | VIP Sales Manager | Team |
Shwetha .k | MS Dynamics NAV developer | Team |
Lena Krüger | Content Creator | Team |
Amir Khalid | IT Project Manager | Team |
Patrick Hartmann | Sales Manager | Team |
Linus Fuchs | Executive Board Member | Team |
Steve Gallagher Photography | Photographic Consultant | Team |
Complete people profiles for Watchmaster
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Watchmaster
3 dated milestones of Watchmaster across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Watchmaster is founded.
- Funding First funding round of $5.5M.
- Funding Latest funding round, Series B,.
Competitors of Watchmaster
Watchmaster has 9 listed competitors in our database, 2 of them funded. They include Vestiaire Collective, Rebelle, Saclab, carou and SecondSkin, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vestiairecollective.com | 2009 | Paris, France | $666.96M | – | Pre-loved luxury fashion is traded via an online consignment marketplace. | |
| rebelle.com | 2013 | Hamburg, Germany | – | 74 | Pre-owned luxury fashion is traded via an online consignment platform. | |
| saclab.com | 2018 | Munich, Germany | $1.7M | – | Secondhand luxury handbags are sold via an online marketplace platform. | |
| carou.com | 2015 | Darmstadt, Germany | – | – | Online store selling secondhand clothes, accessories, and shoes for men, women, and kids. | |
| secondskin.club | 2015 | Berlin, Germany | – | – | Operates an online marketplace for second-hand luxury fashion items. | |
| secondglam.com | 2010 | Eisenach, Germany | – | – | Hosts a digital marketplace for preowned luxury fashion products. | |
| vite-envogue.de | 2012 | Hamburg, Germany | – | – | Online platform for trading pre-owned designer clothing and accessories. | |
| sanpetuna.com | 2018 | Neuss, Germany | – | – | Operates an online luxury outlet for men's new and pre-owned fashion items, blending style and affordability. | |
| seenbefore.de | 2015 | Berlin, Germany | – | – | Provides an online consignment platform for used luxury fashion items. |
Detailed competitors of Watchmaster
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Watchmaster
The website of Watchmaster (watchmaster.com) receives about 8.2K visits a month.
- Monthly visits8.2K
▲ 9.6% vs previous month
Top companies in Fashion & Lifestyle E-Commerce
10 companies that operate in the same segment as Watchmaster (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 719 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Vilnius County, Lithuania | USD 872.04 M | USD 2 M | 4,595 | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 887 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | USD 73.11 M | 493 |
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Frequently Asked Questions about Watchmaster
Watchmaster was founded in 2015.
Watchmaster is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Watchmaster is a funded company, having raised a total of $23.75M across 5 funding rounds to date. The company's 1st funding round was a Series A of $5.5M, raised on Nov 2015.
Watchmaster has 72 employees.
Annual revenue of Watchmaster is $5.91M as on Dec 31, 2015.
Watchmaster was established in 2015 as an ecommerce platform focused on new and pre-owned luxury watches. Operations are based in Berlin, Germany, with sales directed to customers and collectors worldwide via a network of certified dealers and watchmakers. Services provided include purchasing, selling, repairs, maintenance, and free authenticity estimates, ensuring all items are verified as genuine.
Watchmaster's top competitors include Vestiaire Collective, Rebelle and Saclab.
Watchmaster has 5 investors. Key investors include Milano Investment Partners, OLMA Luxury Holdings, Cherry Ventures, Mutschler Ventures, and Piton Capital.
Watchmaster operates through Watchmaster Icp Gmbh.