# finderly

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

- Industry: Internet
- Headquarters: Vienna, Austria
- Website: www.shpock.com
- Latest round: Seed (Feb 10, 2012)
- Investors on record: 1

## About

Finderly GmbH operates Shpock, a mobile marketplace that facilitates the buying and selling of second-hand goods through an accessible platform, connecting local buyers and sellers seamlessly.Founded in 2010 and headquartered in Vienna, Austria, finderly GmbH operates Shpock, a platform for local commerce focused on facilitating the sale of pre-owned items. The company was acquired by Russmedia Equity Partners from Schibsted Group in June 2021, enhancing its position in the digital marketplace sector. The CEO of finderly GmbH is Andrej Bielicky, whose previous entrepreneurial experience is not detailed. Since its inception, the company has completed three funding rounds, with the most recent deal occurring on April 27, 2021.Shpock operates as a mobile marketplace that allows users to buy and sell second-hand goods via its intuitive app and website. The platform supports local commerce by enabling users to list items for sale, browse local listings, and connect with buyers, catering to both casual sellers and small businesses across urban and suburban areas in Europe, including the United Kingdom, Austria, and Germany.Shpock's revenue model is based on transaction fees charged for successful sales on its platform. The platform allows users to list items for free, which encourages a high volume of transactions. When sales are completed, a nominal fee is charged, constituting the primary revenue stream. In 2019, the company's EBITDA was reported at -7,816,782.70 EUR.The acquisition of finderly GmbH by Russmedia Equity Partners in June 2021 is expected to bolster the company's focus on digital marketplaces and SaaS businesses. While specific upcoming product launches have not been disclosed, the acquisition is part of a strategic effort to strengthen the company's market presence. Plans for geographical expansion into new regions have not been detailed, although the emphasis remains on enhancing the current platform and services.

## Funding rounds

- Seed, Feb 10, 2012 — Speedinvest

## Investors

- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed
