Percentil Raises €400K
Percentil, a Madrid, Spain-based marketplace for second hand products for children, raised €400k in funding.
According to Loogic, Backers included Cabiedes & Partners and angel investors François Derbaix, Cesar Oteiza and Yago Arbeloa. The same investors had invested €380k in February 2013.
The company intends to use the funds to expand in Spain and expand in Europe, starting with Germany and France.
Co-Founded by Daniel Bezares, Lourdes Ferrer and Luis Ongil, percentil allows people to sell and buy and second-hand products for children. It has over 35k items in the store and 7,000 customers.
The company employs 25 people.