windeln.de obtains additional growth capital
- Investment volume in mid-single-figure millions
- Growth story convinces existing group of investors
Munich, 27 February 2012 – windeln.de, Germany’s largest online shop for everyday baby products, has successfully completed a further financing round. The company convinced current investors Acton Capital Partners, DN Capital and High-Tech Gründerfonds in the past year with its strong growth and professional management, making full internal placement of the financing round possible. A figure in the high single-figure millions has now been injected into the company.
In 2011, its first full financial year, windeln.de showed an impressive development. Founded in 2010, the online shop’s shipping volume grew to 1,000 packages per day. The range includes over 11,000 products for babies and young parents. More than 100,000 parents are now regular customers. Most orders come from existing customers, which underscores the high level of satisfaction among users. The capital injection is to be used to further expand the range, thereby securing market leadership. Following a successful TV campaign in 2011, windeln.de will continue to invest in building a strong
- Investment volume in mid-single-figure millions
- Growth story convinces existing group of investors
Munich, 27 February 2012 – windeln.de, Germany’s largest online shop for everyday baby products, has successfully completed a further financing round. The company convinced current investors Acton Capital Partners, DN Capital and High-Tech Gründerfonds in the past year with its strong growth and professional management, making full internal placement of the financing round possible. A figure in the high single-figure millions has now been injected into the company.
In 2011, its first full financial year, windeln.de showed an impressive development. Founded in 2010, the online shop’s shipping volume grew to 1,000 packages per day. The range includes over 11,000 products for babies and young parents. More than 100,000 parents are now regular customers. Most orders come from existing customers, which underscores the high level of satisfaction among users. The capital injection is to be used to further expand the range, thereby securing market leadership. Following a successful TV campaign in 2011, windeln.de will continue to invest in building a strong