Advised German online second-hand marketplace on growth financing

Subscribe to Transaction News

Advised German online second-hand marketplace on growth financing

Subscribe to Transaction News

Stout acted as exclusive financial advisor to Mädchenflohmarkt, one of the largest online second-hand retailers in Germany, in a financing round led by Christian Wegner, the founder of leading European re-commerce platform Momox. Vorwerk Ventures and Catalpa also participated in the round.

The Stuttgart-based start-up, founded in 2012, offers approximately one-million items for sale via its online second-hand marketplace. On Mädchenflohmarkt, consumers can sell their pre-owned clothing directly to other fashionistas. For those who find this too time-consuming, one can use the company’s concierge service, which charges a fee for taking over processes such as placing and shipping the goods. Mädchenflohmarkt's team is currently comprised of 150 employees across Europe.

View the full news release.

Related Professionals

All Related Professionals