Share:
POST
TWEET
SHARE
SHARE
EMAIL

Catawiki announces €150 million investment

By Lauren Fruncillo December 8, 2020 - 11:30 am

Catawiki, a European online marketplace for specialized objects has announced a €150 million investment, led by Permira through its Growth Opportunities Fund.

“Our mission is to become the most popular destination for special objects across the globe, starting with Europe. This investment is the latest confirmation that we are delivering on this mission. It’s also a strong recognition of the hard work of our team.”

“I’m very happy to welcome Permira as our new partners. Their expertise and knowledge will be invaluable as we expand into more markets”
– Ravi Vora, CEO, Catawiki

The marketplace is said to be the most visited for special objects in Europe and currently provides a safe and reliable experience to over 10 million users. The marketplace gives consumers a place to buy carefully selected collectibles in a number of categories which has helped create a unique and successful business model. Catawiki aims to use the money raised to invest in technology, marketing and hiring more experts across Europe to grow their user base and further their expansion.

“Catawiki has created the definitive pan-European curated marketplace for rare and unique items, delighting its passionate enthusiasts along the way. We’re thrilled to back Ravi and his team to accelerate their investments in product, marketing and geographic expansion.”
– Dipan Patel, Partner and Head of Consumer, Permira

Comments are closed.

Featured in this article from the Tamebay Guide – companies that can help you grow and manage your business.

Catawiki

Europe’s fastest growing online auction house, featuring a wide range of special objects

See More Companies >

Recent Comments

7 hours ago
Norvc: @Shirley Also see here: https://tamebay.com/2021/06/eu-value-added-tax-advice-from-royal-mail-from-1st-july-2021.html, option 3 under Royal Mail advice. My previous comment may not be...
7 hours ago
Norvic: @Shirley If you are an eBay seller it doesn't affect you financially, the buyer pays...
7 hours ago
Simon Everett: The Amazon forums are full of chatter about how to circumvent this. Apparently you can upload...
8 hours ago
Bernard: Gav's not wrong. We've been forced to add a postage charge to our amazon prices....