# Profishop

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

- Industry: Retail
- Headquarters: Bremen, Germany
- Website: www.profishop.de
- Total disclosed funding: $35M
- Latest round: Series B (Jan 18, 2022)
- Investors on record: 1

## About

Based in Bremen, Germany, and founded in 2012 by its CEO, Arasch Jalali, and CTO, Anna Hoffmann, Profishop GmbH formerly known as Crowdshop GmbH operates as an online retailer that provides its customers with corporate consumables including storage equipment, office supplies, hardware, software, electronics, and others. In March 2022, Profishop GmbH raised USD 35 million in venture funding led by new investor Tiger Global Management. As of April 2022, the company operates in 13 countries with a team of more than 100 people. The company offers more than 1.5 million products.

Profishop GmbH B2B procurement platform offers equipment, materials, industrial durable, and consumer goods such as car workshop equipment, container, and tanks, furniture, paper, foils, office equipment, promotional items, software, storage media, accesories, agricultural machinery, fasteners, tools, building materials, chemicals, batteries, cables, connectors, watches, hazard detector, protective gear, first aid, working clothes, laboratory supplies, fluid power, hygiene product, lubricant, sprays, electrical installation, and kitchen appliances. In addition, the company also offers a 360° procurement service.

The company will use the venture funding to further develop its platform and expand its operations to other countries.

## Funding rounds

- Series B, Jan 18, 2022, $35M — Tiger Global Management

## Investors

- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B