Home24 Receives €15.9M Financing

home24Home24, a Berlin, Germany-based online furniture store, received a €15.9m in its latest round of financing in December 2014.

Backers included existing and new shareholders. Its post-money valuation amounts at €814.8m.

The company intends to use the funds to expand in Europe and Latin America.

Led by Domenico Cipolla, Managing, Home24 is an online furniture store with more than 150,000 products (furniture, lamps and home accessories) from approximately 1000 brands. It is currenttly present in Germany, France, Austria, the Netherlands, Switzerland, Belgium, Italy and, under the brand Mobly Home24, in Brazil.
Home24 employs approximately 1,000 people worldwide.



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