P+P advised Movinga GmbH on financing
P+P Pöllath + Partners advised Movinga GmbH on its third financing round amounting to $ 25 million.
Main investors include Index Ventures LLP, Earlybird Verwaltungs GmbH and Rocket Internet. This is one of the largest financing rounds in the venture capital area in Germany in 2015.
Movinga, headquartered in Berlin, is a relocation provider and offers its services via an online portal. The start-up company promises among others a transparent fixed price guarantee, dispensing hidden charges or payments.
Movinga has its own fleet of vehicles but engages other companies on request. Movinga was founded in January 2015 by Bastian Knutzen and Chris Maslowski and currently employs more than 300 employees. In 2015, Movinga was elected start-up company of the year.
P+P advised Movinga already on two previous financing rounds with Rocket Internet and Earlybird Venture Capital. P+P advised Movinga with the following team:
- Christian Tönies (lead, partner, M&A/PE)
- Dr. Sebastian Gerlinger (associate, M&A/PE)
