About Westwing
Westwing is a publicly listed company based in Munchen (Germany) founded in 2011. It operates as an online retail of home decor and furniture is provided. It operates on a Direct-to-Consumer (D2C) model. Westwing has raised $211.7 million across 6 funding rounds from investors including Fidelity Investments, Rocket Internet and European Union. Its website westwing.com draws about 264 thousand monthly visits. Its Indian entity Ing Vysya Bank Limited reported revenue of βΉ2,262 Cr. Westwing offers products and services including Home & Living Products. Its focus areas include Retail, E-commerce and Home & Living. Its competitors include La-Z-Boy, Knoll, Vitra, Calligaris and Miliboo and 4 more; 2 of its 9 listed competitors have raised funding.
Company details
Home decor and furniture are offered through an online platform by Westwing. Operations span multiple European countries, focusing on e-commerce solutions for home and living products. Various markets are served with localized websites for customer convenience.
- Headquarters Munchen, Germany
- Stage Public
- SectorsConsumer
- Website category Home and Garden
- Phoneβ’β’β’β’ β’β’β’β’
- Website westwing.com
- Social LinkedIn X Facebook
- Legal Name Westwing Group Se
- Annual Revenue₹2,262 Cr
FY 2024 · 0% YoY
- Total Equity Funding$211.7M (USD)
in 6 rounds
- Latest Funding Round$32.62M (USD), Series D
Apr 2015
- InvestorsFidelity Investments
& 9 more
Associated legal entities of Westwing
Westwing operates through Ing Vysya Bank Limited, a listed company (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ing Vysya Bank Limited Listed CIN L85110KA1930PLC000124 | Amalgamated | 29 Mar 1930 | Bangalore, Karnataka | ₹2,262 Cr | – | 11 | View details |
Products & Services of Westwing
Westwing offers a comprehensive portfolio of products and services, including Home & Living Products.
Home decor and furniture are sold through online platforms.
Funding Insights of Westwing
Westwing has successfully raised a total of $211.7M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $32.62 million completed in April 2015. 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 $211.7M
- Total Rounds 6
- Last Round Series D β $32.62M
- First Round $50M
(Jun 2012)
- Investors Count 10
All 6 funding rounds of Westwing 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 |
|---|---|---|---|---|---|
| Apr 2015 | $32.62M | Series D | β | β | |
| Feb 2015 | $74,697 | Grant | β | β | |
| Jan 2015 | $29.82M | Series D | β | β | |
| Apr 2014 | $99.26M | Series C | β | β | |
| Nov 2013 | – | Series C | β | β | |
| Jun 2012 | $50M | Series C | β | Summit Partners |
10 investors in total: 10 institutional.
Investors in Westwing
Westwing has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Fidelity Investments, Rocket Internet and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment and holding company controlled by Len Blavatnik | – | accessindustries.com | New York, United States | |
Global investments in internet and technology startups are facilitated. | 2006 | rocket-internet.com | Berlin, Germany | |
Summit Partners is recognized as a growth equity investment firm. | – | summitpartners.com | Boston, United States | |
Venture capital investments are directed toward multiple sectors by Kinnevik. | 1936 | kinnevik.com | Stockholm, Sweden | |
Venture capital firm focused on tech sectors | – | tengelmann-ventures.com | Munich, Germany | |
Venture capital funding is provided to digital company founders. | – | hvcapital.com | Munich, Germany | |
Global seed and early-stage tech investments are managed by Asgard. | – | asgard.vc | Potsdam, Germany | |
Diversified investment portfolios are managed for institutional clients. | 1991 | odey.com | London, United Kingdom | |
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | 1946 | fidelity.com | Boston, United States | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Westwing
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Board of directors of Ing Vysya Bank Limited (Westwing)
Ing Vysya Bank Limited is the primary company behind Westwing. The board of Ing Vysya Bank Limited currently have 11 directors; the longest-serving is Maddali Venkata Satya Apparao, appointed in 2007. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Maddali Venkata Satya Apparao DIN 00484877 | Company Secretary | 27 Jul 2007 | 19 yrs 2 mo | Ing Vysya Bank Limited |
| Santosh Desai DIN 01237902 | Director | 29 Apr 2008 | 18 yrs 5 mo | Ing Vysya Bank Limited |
| Meleveetil Damodaran DIN 02106990 | Director | 21 Jul 2008 | 18 yrs 2 mo | Ing Vysya Bank Limited |
| Vaughn Nigel Richtor DIN 00698356 | Director | 01 Jun 2009 | 17 yrs 4 mo | Ing Vysya Bank Limited |
| Vikram Talwar DIN 00416236 | Director | 20 Dec 2010 | 15 yrs 9 mo | Ing Vysya Bank Limited |
| Mark Edwin Newman DIN 03518417 | Director | 20 Apr 2011 | 15 yrs 5 mo | Ing Vysya Bank Limited |
| Jayant Mehrotra DIN 07681406 | CFO | 29 Apr 2014 | 12 yrs 5 mo | Ing Vysya Bank Limited |
| Alka Marezban Bharucha DIN 00114067 | Additional Director | 25 Jun 2014 | 12 yrs 3 mo | Ing Vysya Bank Limited |
| Adrianus Johannes Antonius Kas DIN 06853983 | Additional Director | 25 Jun 2014 | 12 yrs 3 mo | Ing Vysya Bank Limited |
| Kewal Kundanlal Handa DIN 00056826 | Additional Director | 12 Aug 2014 | 12 yrs 2 mo | Ing Vysya Bank Limited |
| David Han Lee Yong DIN 07015440 | Additional Director | 10 Nov 2014 | 11 yrs 11 mo | Ing Vysya Bank Limited |
People of Westwing
165 people are tracked at Westwing (53 in leadership, 5 in board & advisors, 107 in team).
| Name | Role | Group |
|---|---|---|
Nadia Schiffel | Team Lead Partner Channels | Leadership |
Sam Aksonov | Director Of Engineering | Leadership |
Andreas Hoerning | Chief Executive Officer | Leadership |
Christina Mayr | CMO (interim) | Leadership |
Philippa Luetten | Director Supply Chain & Customer Care | Leadership |
Tomasz Dabek | VP Fulfillment Operations | Leadership |
Przemysław Sokołowski | OMS Business Partner | Leadership |
Shamanth Prasad | Chief Of Staff To The CTO | Leadership |
Iva Galabov | VP Performance Marketing | Leadership |
Jelena Enzmann | Head Of Content Westwing Retail Campaigns Dach/nl/fr/es/it/cee | Leadership |
Housseyn Guettaf | Director Of Engineering | Leadership |
Sebastian Westrich | CFO | Leadership |
Erick Gerber | Chief Operations Officer | Leadership |
Isabel Milanesi | Head Of Marketing Business Development | Leadership |
Aleksandra Kazimierczak | Head Of Sales CEE | Leadership |
Anna Marie Rusinek | Head Of Business Development, Learning & People Analytics | Leadership |
Cătălin C. | Director Of Engineering | Leadership |
Christian Manrich | Head Of Data Engineering | Leadership |
Antonia Louise Gongolo | Head Of CRM | Leadership |
Julia Marie Hensel | Director Westwing Design & B2b Service | Leadership |
145 more people are available in the full profile.
Complete people profiles for Westwing
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IPO & Listings of Westwing
Westwing is a publicly listed company on the XETR with ticker symbol WEW in Germany, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date27 Aug 2021
- Listed onLSE: 0AA2
- Listed entityWestwing Group SE
- Exchange sectorRetail trade
- ISINDE000A2N4H07
- Share price13.50 EUR (+0.75% on the day) · 2026-10-14
- Market capitalisation256,057,235.00 EUR
- Price to earnings10.9
- EPS (diluted, trailing year)1.24 EUR
- Volume (last session)6,507
Financials of Westwing
Figures of Ing Vysya Bank Limited, the primary company behind Westwing, for FY 2024. Revenue was ₹2,262 Cr (0% year on year). Revenue has grown at a compounded annual rate of +7% over three years and +4% over five years.
- ₹2,262 CrRevenue · FY 2024 · 0% YoY
- ₹192 CrPaid-up capital
- +7%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 449.2M EUR | 29.1M EUR | 37.4M EUR |
| 2024 | 444.3M EUR | -5.0M EUR | 26.3M EUR |
| 2023 | 428.6M EUR | -12.4M EUR | 10.7M EUR |
| 2022 | 430.8M EUR | -32.4M EUR | -9.0M EUR |
| 2021 | 522.5M EUR | 12.0M EUR | 33.6M EUR |
Balance sheet, profit and loss, cash flow and ratios of Ing Vysya Bank Limited are on its company page.
Detailed financial statements for Westwing
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Westwing
4 dated milestones of Westwing across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Westwing is founded.
- Funding First funding round of $50.0M.
- Funding Latest funding round, Series D, of $32.6M.
- IPO Lists on the stock exchange (IPO).
Competitors of Westwing
Westwing has 9 listed competitors in our database, 2 of them funded. They include La-Z-Boy, Knoll, Vitra, Calligaris and Miliboo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| la-z-boy.com | 1928 | Chicago, United States | – | 6,692 | Home furniture is manufactured and retailed by La-Z-Boy. | |
| knoll.com | 1938 | East Greenville, United States | – | 1,778 | Modern furniture for homes and offices is designed and manufactured. | |
| vitra.com | 1950 | Muttenz, Switzerland | – | 6 | Multi-category furniture for home and office is manufactured by Vitra. | |
| calligaris.com | 1923 | Manzano, Italy | – | – | Home furniture and decor items are produced by Calligaris. | |
| miliboo.com | 2007 | Annecy, France | $8.6M | – | Contemporary furniture is manufactured and sold online by Miliboo. | |
| fatboy.com | 2002 | Tilburg, Netherlands | – | – | Fatboy is recognized for designing iconic beanbags and furniture. | |
| hannun.com | 2005 | Matadepera, Spain | $1.4M | – | Decorative home furniture is offered by Hannun brand. | |
| bebitalia.com | 1966 | Milan, Italy | – | 26 | High-end modern furniture is designed and manufactured for various spaces. | |
| cassina.com | 1927 | Meda, Italy | – | – | Manufacturer of home furniture |
Detailed competitors of Westwing
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Web traffic of Westwing
The website of Westwing (westwing.com) receives about 264.3K visits a month and ranks #172,425 among all websites worldwide, #2,439 in Home and Garden.
- Monthly visits264.3K
▲ 2.8% vs previous month
- Unique visitors134.7K
per month
- Global rank#172,425
among all websites
- Category rank#2,439
Home and Garden · Home and Garden
- Bounce rate42%
- Pages per visit2.4
- Average visit1 min 03 sec
- DevicesDesktop 45% Β· Mobile 55%
Websites whose visitors overlap most with Westwing. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
archzine.fr | archzine.fr | 100% | – | #582,184 | β |
pensarecasa.it | pensarecasa.it | 93% | – | #580,810 | β |
sartor-stoffe.de | sartor-stoffe.de | 92% | – | #703,574 | β |
18h39.fr | 18h39.fr | 92% | – | #447,231 | β |
bauen.com | bauen.com | 92% | – | #1,675,591 | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 40 similar websites and full traffic analytics for Westwing
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Top companies in Home & Living Products
10 companies that operate in the same segment as Westwing (Home & Living Products), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 527.28 M | – | – | |
App based platform to connect users with local service professionals | 2008 | San Francisco, California, United States | USD 698.85 M | – | – | |
Provider of FMCG conglomerate products | 1837 | United States | – | USD 457.23 M | 923 | |
Multi-category products are rented via subscription model. | 2014 | Bengaluru, Karnataka, India | USD 58.71 M | USD 14.82 M | 422 | |
Multi-category home improvement products are sold online by Wayfair. | 2002 | Boston, Massachusetts, United States | USD 523.3 M | USD 12.46 B | 13,500 | |
AI-enabled smart mattress covers and thermoregulated bedding are provided. | 2014 | New York, New York, United States | USD 325.12 M | – | 61 | |
Multi-category home improvement products are sold through an internet-first brand. | 2010 | London, England, United Kingdom | USD 135.9 M | – | – | |
Developer and manufacturer of heating, ventilation, air conditioning and refrigeration equipment | 1924 | Osaka, Osaka Prefecture, Japan | – | USD 29.47 B | 96,337 | |
Mattresses and bedding are provided by an internet-first brand. | 2014 | New York, New York, United States | USD 341.3 M | – | – | |
Internet-first brand offering multi-category home furniture | 2012 | Bengaluru, Karnataka, India | USD 108.06 M | USD 26.92 B | 43,024 |
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Related news about Westwing
Complete news archive for Westwing
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Frequently Asked Questions about Westwing
Westwing was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Westwing is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Westwing is a funded company, having raised a total of $211.7M across 6 funding rounds to date. The company's 1st funding round was a Series C of $50M, raised on Jun 2012.
The primary company behind Westwing, Ing Vysya Bank Limited, reported revenue of βΉ2,262 Cr for FY 2024, down 0% year on year.
Home decor and furniture are offered through an online platform by Westwing. Operations span multiple European countries, focusing on e-commerce solutions for home and living products. Various markets are served with localized websites for customer convenience.
Westwing's top competitors include La-Z-Boy, Knoll and Calligaris.
Westwing offers Home & Living Products.
Yes, Westwing is publicly traded on XETR under the ticker symbol WEW.
Westwing has 10 investors. Key investors include Fidelity Investments, Rocket Internet, European Union, Odey Asset Management, and Kinnevik.
Westwing operates through Ing Vysya Bank Limited.
The legal entities of Westwing currently have 11 directors, including Mark Edwin Newman, Vikram Talwar, Vaughn Nigel Richtor and others.
The website of Westwing receives about 264 thousand visits a month and ranks #172,425 among all websites worldwide.