# Cheerz

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cheerz

- Industry: Internet
- Headquarters: Paris, France
- Website: www.cheerz.com
- Total disclosed funding: $4.5M
- Latest round: Series A (Aug 13, 2015)
- Investors on record: 4

## About

Cheerz is a Paris-based company specializing in instant photo printing, offering an online platform for customers to print digital photos and create personalized photo gifts.Founded in 2012, Cheerz operates primarily in Europe, providing services that allow customers to print their digital photos. The company was acquired by CEWE Stiftung & Co. KGaA in February 2018 for EUR 45 million. The current CEO is Ana Sculy-Logotheti, and the company has successfully completed four deals in total since its inception.Cheerz specializes in instant photo printing, providing a streamlined online platform for customers to print their digital photos. Their core products include high-quality photo prints and personalized photo gifts designed for families, friends, and photography enthusiasts, primarily within markets like France, Spain, and Italy.Cheerz generates revenue through direct-to-consumer transactions, enabling customers to purchase individual photo prints and related products via their online platform. Their pricing caters to various customer needs, with competitive rates and discounts for bulk orders, fostering a loyal customer base focused on quality and simplicity.Cheerz plans to leverage recent funding from its acquisition to expand its product offerings and enter new markets. The company is focusing on developing new products aimed at enhancing customer experience, with an eye towards launching these in the upcoming years. Specific geographic expansions are targeted in various European markets, utilizing the EUR 45 million from CEWE Stiftung & Co. KGaA's acquisition to support these initiatives.

## Funding rounds

- Series A, Aug 13, 2015, $4.5M — Serena, A Plus Finance, Kima Ventures, IronCapital

## Investors

- Serena (https://capitalatlas.ai/funds/serena) — Series A
- A Plus Finance (https://capitalatlas.ai/funds/a-plus-finance) — Series A
- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Series A
- IronCapital (https://capitalatlas.ai/funds/ironcapital) — Series A
