# share

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

- Industry: Consumer Products
- Headquarters: Berlin, Germany
- Website: www.share.eu
- Latest round: Series B (Feb 23, 2021)
- Investors on record: 1

## About

Based in Germany, share GmbH functions as a social enterprise providing sustainable consumer goods while promoting social responsibility through charitable contributions embedded in product prices.share GmbH was founded in 2017 in Berlin, Germany, and operates as a social enterprise focused on sustainable consumer goods. The founders include Abdelrahman Shaker, Ben Unterkofler, and Iris Braun, with Tobias Flaitz serving as the CEO. The company has completed four deals to date.share GmbH offers over 100 diverse products, including beverages, snacks, and personal care items, all designed to incorporate a charitable contribution into their pricing. Their offerings, such as bio nut bars and organic chips, are marketed to environmentally conscious consumers across Germany, Austria, and Switzerland. Their commitment to sustainability is reflected in their climate-neutral shipping via DHL GoGreen, catering to a demographic invested in ethical consumption.In the most recent fiscal year of 2021, share GmbH reported a revenue of EUR 36,713,828.50 with an EBITDA of EUR -3,521,262.20. The company primarily generates revenue through direct-to-consumer sales via their online shop, utilizing promotional strategies to enhance customer engagement. Competitive pricing and free shipping on orders over EUR 49 are integral to their sales strategy, fostering brand loyalty amongst consumers who value social impact in their purchases.share GmbH's future growth strategy includes the launch of new product lines, although specific details on upcoming products and release dates are currently unavailable. The company is looking to expand into additional European markets, with particular focus on reaching new consumers by the end of 2023. Recent funding from Doehler Ventures will be utilized to support these expansion efforts and the development of new products, further enhancing their market presence.

## Funding rounds

- Series B, Feb 23, 2021 — Creadev

## Investors

- Creadev — Series B