# Good Hood

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/good-hood

- Industry: Internet
- Headquarters: Berlin, Germany
- Website: www.nebenan.de
- Total disclosed funding: $20M
- Latest round: Series C (Dec 20, 2022)
- Investors on record: 7

## About

Good Hood GmbH operates nebenan.de, a neighborhood networking platform that connects local residents in Germany, enhancing community interactions and fostering local commerce through verified engagement.Founded in 2015 in Berlin, Germany, Good Hood GmbH provides a platform for local residents to connect. The company has executed 7 deals, with its latest funding round being a Series A in December 2022, raising EUR 16.000 mn led by Burda Principal Investments. The founders include Matthias Scheinhardt, Sven Tantau, and Till Behnke, with Philipp Witzmann serving as CEO.Good Hood GmbH's core offering, nebenan.de, is a neighborhood networking platform that facilitates connections among local residents. Users register with their real names and addresses, fostering a trustworthy environment for community interactions. The platform allows individuals to engage in activities such as asking for recommendations, organizing events, and exchanging items through a local marketplace. It targets urban residents across Germany, including major cities like Berlin, Hamburg, Munich, and Frankfurt, with an aim to enhance neighborhood cohesion and support local exchanges.In the most recent year of 2021, Good Hood GmbH reported revenue of EUR 3,457,995.40, with an EBITDA of EUR -6,296,201.20. The company maintains a free service model for individual users while generating revenue through partnerships with local businesses and organizations, offering paid profile listings and collaborating with municipalities for community initiatives.Following the Series A funding in December 2022, Good Hood GmbH plans to enhance its platform with new features aimed at improving user experience and is exploring expansion into additional urban markets within Germany. The recent funding will be utilized to bolster product development and strengthen local partnerships, enhancing community engagement.

## Funding rounds

- Series C, Dec 20, 2022 — Burda Principal Investments
- Series B, Oct 21, 2021 — Burda Principal Investments
- Series B, Sep 1, 2020 — Burda Principal Investments
- Series A, Mar 22, 2018, $20M — pd ventures, Lakestar, NWZ Digital, Burda Principal Investments, Deutsche Tele Medien GmbH
- Seed, Jun 1, 2015 — Saarbruecker21, YoungBrains

## Investors

- Saarbruecker21 (https://capitalatlas.ai/funds/saarbruecker21) — Seed
- YoungBrains — Seed
- pd ventures (https://capitalatlas.ai/funds/pd-ventures) — Series A
- Lakestar (https://capitalatlas.ai/funds/lakestar) — Series A
- NWZ Digital (https://capitalatlas.ai/funds/nwz-digital) — Series A
- Burda Principal Investments (https://capitalatlas.ai/funds/burda-principal-investments) — Series A, Series B, Series C
- Deutsche Tele Medien GmbH — Series A