P+P advises Berlin startup Homebell on new round of financing
The Berlin-based startup Homebell receives new capital in the amount of a total of approximately 11 million Euro in a series B financing round. In addition to the insurance companies AXA and Helvetia, the new investors include (inter alia) SevenVentures, the financial investor for the media group ProSiebenSat1. One part of the financing sum goes to TV advertising spots provided by the ProSiebenSat1 group.
Homebell was founded in September 2015 in Berlin. The company provides online placement of services provided by tradespeople such as painting or electrical work. Homebell was able to collect millions in investments upon establishment. The investors at that time included, inter alia, Index Ventures, the investment firm Lakestar, as well as the Rocket Internet fund, Rocket Internet Capital Partners.
The platform wants to use the new capital to continue to develop its presence in Germany and the Netherlands and to grow new product categories. Thus, in the future, the website will also offer customers inspiration and ideas related to all aspects of renovation.
The P+P venture capital team of
- Christian Tönies (partner, lead, VC, Munich/Berlin) and
- Dr. Sebastian Gerlinger (senior associate, VC, Munich/Berlin) #
have advised Homebell since it was founded, including on the current round of financing.
