Home24 Receives Investment from Rewe Group

Home24, a Berlin, Germany-based online furniture retailer, raised an undisclosed amount of funding.

German retail group Rewe Group took a minority stake in the company.

Launched in 2009 and backed by Rocket Internet, Home24 is an online store for furniture, lamps, home accessories etc. with more than 50,000 items in its catalog.
Led by CEO Philip Kreibohm, the company today is present in France, Austria, the Netherlands and Brazil (Mobly), beyond Germany.
In 2012, Home24 had net revenue of about €64m.

FinSMEs

20/09/2013

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