# KennstDuEinen

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

- Industry: Internet
- Headquarters: Frankfurt, Germany
- Website: www.kennstdueinen.de
- Total disclosed funding: $9.7M
- Latest round: Series B (Jan 26, 2011)
- Investors on record: 4

## About

KennstDuEinen is an online platform that connects consumers with service providers through verified reviews and ratings, enhancing decision-making for users across various industries.Founded in 2007 in Frankfurt, Germany, KennstDuEinen connects users with service providers. The company has completed a total of 3 deals, with its most recent funding event being a Series B round led by Google Inc. in January 2011, raising EUR 6.60 mn, bringing the total amount raised to EUR 6.60 mn and current company valuation to EUR 21.865 mn. The CEO, Carsten Schmidt, oversees operations and strategic direction.KennstDuEinen.de offers a comprehensive online platform focused on connecting consumers with various service providers across multiple industries. The core service includes verified customer reviews and ratings for professionals ranging from hairstylists to tax advisors, effectively assisting users in making informed decisions when selecting service providers. Launched to enhance consumer confidence, the platform rigorously verifies the authenticity of reviews to ensure reliability. Serving customers in Germany and its neighboring regions, the platform caters to a diverse client base, including individual consumers seeking services and businesses aiming to improve their online reputation. Key geographical markets include major cities such as Berlin, Munich, and Hamburg, where users can search for top-rated providers based on their specific needs and locations.KennstDuEinen.de generates revenue primarily through service provider listings on its platform, which may include both free and premium options. The transaction structure involves businesses registering on the site, with varying subscription models that allow for enhanced visibility and access to consumer reviews. Providers may opt for a paid listing that positions them prominently in search results, thereby attracting more potential customers. The pricing strategy is tiered, aligning with the level of exposure desired by the service providers. The platform's model focuses on facilitating interactions between consumers and service providers, strengthening its role in B2B and direct-to-consumer transactions.KennstDuEinen plans to leverage its recent funding from the Series B round to enhance its platform capabilities and expand its service offerings. The company aims to launch several upcoming features designed to improve user experience by the end of 2022. Additionally, there are strategies in place to expand into new markets in Central Europe, targeting regions such as Austria and Switzerland by 2023. This growth strategy is supported by the recent funding, which is intended to enhance marketing efforts and product development.

## Funding rounds

- Series B, Jan 26, 2011, $8.6M — Google Inc., b2venture, Clover Ventures Pvt. Ltd.
- Series A, Dec 22, 2009, $0.4M — b2venture, VM Digital Beteiligungs GmbH, Clover Ventures Pvt. Ltd.
- Seed, Jan 20, 2009, $0.7M — b2venture

## Investors

- b2venture (https://capitalatlas.ai/funds/b2venture) — Seed, Series A, Series B
- VM Digital Beteiligungs GmbH — Series A
- Clover Ventures Pvt. Ltd. — Series A, Series B
- Google Inc. — Series B