# Move24 Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/move24-group

- Industry: Logistics & Distribution
- Headquarters: Berlin, Germany
- Website: www.move24.com
- Total disclosed funding: $51M
- Latest round: Series C (Sep 29, 2017)
- Investors on record: 7

## About

Move24 Group GmbH operates in the digital solutions industry, offering web hosting, domain registration, and online marketing tools to enhance businesses' online presence.Founded in 2015, Move24 Group GmbH is based in Berlin, Germany, and specializes in providing digital solutions aimed at facilitating online operations for businesses. The company has undergone five significant deals since its inception, with the most recent funding round being a Series C in which they raised EUR 13 million from SevenVentures on September 29, 2017. The company's current valuation stands at EUR 232.61 mn, reflecting its growth trajectory in the digital services market.The company specializes in providing a range of digital solutions, focusing on web hosting, domain registration, and online marketing tools. Their offerings include user-friendly website builders and e-commerce platforms tailored for small to medium-sized enterprises (SMEs) and individual entrepreneurs. Move24 Group's services are operational in North America and Europe, designed to meet the needs of a diverse clientele requiring reliable solutions to enhance their digital footprint.Move24 Group GmbH's revenue model is based on subscription services, partnerships, and direct sales. Clients typically engage in annual or monthly subscriptions for their web hosting and domain registration services. Their service packages often bundle offerings such as integrated marketing solutions and enhanced security features, adding value for users. Flagship products include their proprietary website builder and e-commerce tools, strategically priced to accommodate varying user needs for optimized online engagement.Move24 Group GmbH plans to leverage its most recent Series C funding of EUR 13 million to enhance its product offerings and expand into new markets. The company aims to launch new products designed to improve user experience and increase market penetration in North America and Europe by 2025. The funding will support the development of innovative digital solutions and services, allowing the company to cater to an expanding client base while bolstering its competitive position in the digital solutions sector.

## Funding rounds

- Series C, Sep 29, 2017, $15M — SevenVentures
- Series C, Apr 13, 2017, $14M — DN Capital, HV Capital, Future Energy Ventures, Piton Capital, Cherry Ventures
- Series B, Oct 17, 2016, $14M — DN Capital, HV Capital, Piton Capital, RWE Innogy, Cherry Ventures
- Series A, Nov 23, 2015, $7.5M — DN Capital, HV Capital, Piton Capital, Cherry Ventures
- Seed, Aug 28, 2015 — HV Capital, Piton Capital

## Investors

- HV Capital (https://capitalatlas.ai/funds/hv-capital) — Seed, Series A, Series B, Series C
- Piton Capital (https://capitalatlas.ai/funds/piton-capital) — Seed, Series A, Series B, Series C
- DN Capital (https://capitalatlas.ai/funds/dn-capital) — Series A, Series B, Series C
- Cherry Ventures (https://capitalatlas.ai/funds/cherry-ventures) — Series A, Series B, Series C
- RWE Innogy — Series B
- Future Energy Ventures (https://capitalatlas.ai/funds/future-energy-ventures) — Series C
- SevenVentures (https://capitalatlas.ai/funds/sevenventures) — Series C