Berlin, 8.12.2020. Online auction platform Catawiki raises €150 million in a new round of growth funding led by Permira and Accel. Project A is a constant supporter of Catawiki‘s journey to become the leading online marketplace for special objects, having invested in early 2014.
Catawiki is conducting online auctions of 65,000 special objects each week in 22 categories, with buyers from over 50 countries. More than 240 in-house curators help ensure a wide range of special items and high-quality collectibles, ensuring that all objects are carefully selected in advance.
Uwe HorstmannGeneral Partner of Project A, says: “Profitable while rapidly growing to €500m GMV, made possible by curation of objects with technology, customer acquisition and very strong retention – all we’ve just seen the beginning of Catawiki in Europe and beyond. » Since the first investment in Catawiki in 2014, Project A has also supported the online auction platform at an operational level, mainly in terms of acquisition and customer retention.
Founded in 2008 in the Netherlands, Catawiki is Europe’s most visited curated marketplace for collectibles, art, design, jewelry, watches, classic cars and more. Through its protected marketplace, users are assured of an exciting, safe and hassle-free shopping experience. Headquartered in Amsterdam, Catawiki has nearly 650 passionate employees working in its European offices serving clients around the world. It has 10 million monthly unique visitors and is now a large, fast-growing business with healthy profit margins.