Fyndiq
Latest round
- Series A
Last raised
- Nov 2014
Total raised
- $20M
Investors
- 2
About Fyndiq
Founded in 2009 in Stockholm, Sweden, Fyndiq AB operates an online marketplace for a wide range of consumer goods. In February 2023, the company was acquired by Cdon AB, allowing Cdon to leverage Fyndiq’s capabilities and enhance operational synergies. The founders, Dan Nilsson and David Brudö, have a history of entrepreneurial ventures, contributing to the company’s innovative approach in e-commerce.Fyndiq AB specializes in offering an extensive selection of consumer products through its e-commerce platform, primarily focusing on low-cost items across various categories such as electronics, beauty, home goods, and toys. The core products include mobile accessories like chargers and cases, as well as personal care items like teeth whitening strips. The target market consists of diverse consumers, including tech-savvy individuals and families seeking budget-friendly options.Fyndiq AB's revenue model is direct-to-consumer sales through its online marketplace.60, with an EBITDA of SEK 656,670 for the same year.Following the acquisition by Cdon AB in February 2023, Fyndiq AB plans to utilize the SEK 740 mn investment to enhance its marketplace capabilities and operational efficiencies. The company is targeting expansion into other Nordic markets, leveraging its established platform and customer base. Fyndiq is also exploring new product launches to cater to evolving consumer preferences, aiming to strengthen its position in the e-commerce sector.
Who invested in Fyndiq
2 investors across 1 round
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Funding rounds
Series A
Nov 7, 2014
Amount
$20M
Investors
Questions about Fyndiq
Who invested in Fyndiq?
Fyndiq has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Fyndiq raised?
Fyndiq has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Fyndiq last raise money?
Fyndiq's most recent round on record is a Series A, in Nov 2014.
What does Fyndiq do?
Founded in 2009 in Stockholm, Sweden, Fyndiq AB operates an online marketplace for a wide range of consumer goods.
Where is Fyndiq headquartered?
Fyndiq is headquartered in Stockholm, Sweden.
Which VCs invest in companies like Fyndiq?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back internet companies at Fyndiq's stage. Their profiles are linked below.
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