# Kirondo

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

- Industry: Retail
- Headquarters: Berlin, Germany
- Website: www.kirondo.de
- Latest round: Seed (Aug 22, 2013)
- Investors on record: 1

## About

Kirondo operates an online platform facilitating the buying and selling of second-hand children's clothing, promoting sustainable consumption and enabling families to profit from pre-owned items.Founded in 2013, Kirondo is based in Berlin, Germany, and specializes in the resale of second-hand children's apparel. The company was acquired by Percentil in March 2015 for an undisclosed amount. Kirondo has completed a total of 2 deals since its inception, demonstrating its commitment to growth within this niche market.Kirondo specializes in the buying and selling of second-hand children's clothing, providing a sustainable alternative to purchasing new garments. The company offers a streamlined platform where users can list their pre-owned children's apparel, which is evaluated by Kirondo's experts for quality and suitability. This service meets the growing demand for environmentally conscious consumption, allowing parents to declutter while profiting from items no longer in use. Kirondo caters to families seeking children's clothing in sizes ranging from 62 to 176 and operates primarily within Germany, with the potential to expand into broader European markets.In the most recent year, Kirondo reported revenue of EUR 804,221 in 2017. The company follows a transaction-based revenue model, earning income from the sale of second-hand clothing. Sellers receive prepaid shipping labels to send their items at no cost. After evaluation, Kirondo pays sellers for quality items and lists them for sale, offering customers substantial savings on quality second-hand clothing compared to retail prices. The platform facilitates direct transactions between sellers and buyers, promoting sustainability and contributing to charitable causes through donations from its earnings.Kirondo aims to enhance its market presence by expanding its product offerings and geographic reach. The company plans to introduce new features to its platform, although no specific release dates have been provided. Additionally, Kirondo is targeting expansion into broader European markets, leveraging its online platform for increased accessibility. The recent acquisition by Percentil will likely support these initiatives, although specific funding allocations have not been disclosed.

## Funding rounds

- Seed, Aug 22, 2013 — German Startups Group

## Investors

- German Startups Group (https://capitalatlas.ai/funds/german-startups-group) — Seed