
Springlane
E-commerce D2C-brand in the gas grill online market.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor investor | €0.0 | round | |
investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
* | €20.0m | Late VC | |
Total Funding | 000k |
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | (8 %) | 86 % | 93 % | 30 % | 36 % | 14 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | - | - | - | 1 % | - | - | - |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | (82 %) | (46 %) | (17 %) | 1 % | 1 % | (17 %) | - |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
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Springlane was founded in 2012 by Lars Christian Wilde and Marius Till Fritzsche in Düsseldorf, Germany. The company began with a simple yet ambitious vision: to revolutionize the way people engage with cooking and kitchen products online. By offering a wide range of innovative kitchen and grilling products, Springlane quickly carved out a niche in the competitive e-commerce market.
In its early years, Springlane focused on building a robust online platform that not only sold products but also engaged customers with a rich array of recipes and cooking tips. This strategy helped them cultivate a loyal customer base and differentiate themselves from other e-commerce platforms.
A significant milestone in Springlane's journey came in 2019 when the company raised €10 million in a funding round. This influx of capital allowed Springlane to expand its product offerings and enhance its online presence, further solidifying its position in the market.
Today, Springlane continues to thrive as a leader in the online kitchenware space, known for its commitment to quality and customer engagement. The company's journey from a startup to a major player in the e-commerce industry is a testament to the vision and perseverance of its founders, Lars Christian Wilde and Marius Till Fritzsche.