Rebelle, a Hamburg, Germany-based marketplace for second-hand designer fashion, acquired its Munich-based competitor Glamloop.
The purchase, of undisclosed amount, aims to increase Rebelle’s number of articles and the range of services offered to the customers, consolidate its market leadership in Germany as well as to focus on internationalization in additional European markets.
Following the close of the transaction, Glamloop’s activities will be incorporated into the Rebelle brand and website.
Founded in March 2013 by Cécile Gaulke, Max Laurent Schönemann and the Hamburg company builder, Hanse Ventures, Rebelle already offers international deliveries to 25 countries.
The company now employs over 30 people.
In March this year, the company had secured a mid-seven-figure investment from High-Tech Gründerfonds, HCS Beteiligungsgesellschaft mbH, and others, in a second financing round (read here).
Launched in 2013 by Alexandra Podeanu and Kiana Mardi, Glamloop was funded by investments from Capnamic Ventures, OP Ventures and Holtzbrinck Ventures.
FinSMEs
01/09/2014