Watchmaster

Watchmaster

Online store of pre-owned luxury watches.

HQ location
Berlin, Germany
Launch date
Employees
Enterprise value
$44—66m
Company register number
HRB 166416 B (Charlottenburg (Berlin))
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DateInvestorsAmountRound
-investor investor investor investor

€0.0

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N/A

€0.0

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investor investor

€0.0

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investor investor investor investor investor

€0.0

round
N/A

€0.0

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N/A

€0.0

round
investor

€0.0

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investor

€0.0

round
investor investor investor investor

€0.0

round

€10.0m

Early VC
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD2015201820192020202120222023
Revenues0000000000000000000000000000
% growth----7 %19 %-
EBITDA0000000000000000000000000000
Profit0000000000000000000000000000
% profit margin--(74 %)(53 %)---
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article, Dealroom estimates

Notes (0)
More about Watchmaster
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Watchmaster is a specialized online marketplace for buying and selling certified pre-owned, new, and vintage luxury watches. The company caters to watch enthusiasts and collectors who seek high-quality timepieces from renowned brands such as Rolex, Breitling, Omega, and Tag Heuer. Operating in the luxury watch market, Watchmaster offers a wide range of watches that are immediately available online, ensuring a seamless shopping experience.

The business model revolves around both direct sales and commission-based sales. Customers can purchase watches outright or opt for financing options to fulfill their desires through installment purchases. Additionally, Watchmaster provides a convenient platform for individuals looking to sell their watches. The company offers free evaluations, insured pick-up services, and professional reconditioning by in-house watchmakers. Sellers can choose between direct sales, commission sales, or trade-ins, with immediate payouts upon successful sales.

Watchmaster generates revenue through the sale of luxury watches, commissions on sales, and trade-in transactions. The company ensures certified quality and guaranteed authenticity for all watches, backed by a comprehensive certification process and warranties.

Keywords: luxury watches, certified pre-owned, Rolex, Breitling, Omega, Tag Heuer, online marketplace, professional refurbishments, financing options, trade-ins.

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Investments by Watchmaster

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Montres Modernes et de Collection
ACQUISITION by Watchmaster Jul 2021