Trouva
Trouva[edit]
Trouva is a London-based online marketplace that sells unique, hard-to-find pieces[1], focusing on homewares and lifestyle products[2]. The company sells over 200,000 products from more than 800 independent boutiques via its platform[3]. Trouva works with independent retailers across across 13 countries[4] including the United Kingdom, Germany, France, Spain and The Netherlands[5].
History[edit]
Trouva was co-founded in 2015 by Alex Loizou, Mandeep Singh and Glen Walker[6]. In November 2017, the company raised a $10 million Series A funding round[7] to expand its shop network globally and establish an office in Lisbon. The funding round was led by BGF, alongside Index Ventures and Octopus Ventures[8].
In June 2018, Trouva announced that it had expanded internationally for the first time with the launch of 20 Berlin boutiques. In November 2018, Trouva continued its international expansion when it launched independent shops from Amsterdam, Copenhagen and Madrid on the platform. In 2018, Trouva announced that it had appointed former Uber and Betfair Executive Niall Wass as Chair.
In November 2019, Trouva raised $21.8 million in further investment from Octopus Ventures, C4 Ventures (founded by Pascal Cagni,former Vice-President and General Manager of Apple), Downing Ventures, BGF and LocalGlobe, taking the total amount raised to approximately $36 million[1]. As of November 2019, Trouva brings together independent boutiques from over 300 European towns and cities on its platform, including Paris, Lisbon, Rome and Barcelona[9]. The marketplace formally announced the launch of its German site trouva.de in 2019[6].
References[edit]
- ↑ 1.0 1.1 Lunden, Ingrid (27 November 2019). "Trouva an online marketplace for independent boutiques raises $22M". TechCrunch. Unknown parameter
|url-status=ignored (help) - ↑ Howell, Madeleine (2018-04-03). "17 of the best online homeware and interiors shops". The Telegraph. ISSN 0307-1235. Retrieved 2020-01-06.
- ↑ "Trouva raises £17m to fuel further European expansion | Business Leader News". Business Leader. 2019-11-27. Retrieved 2020-01-06.
- ↑ "Trouva raises £17m investment to fuel European expansion". UKTN (UK Tech News). 2019-11-27. Retrieved 2020-01-06.
- ↑ "Trouva: Boutique Locations". www.trouva.com. Retrieved 2020-01-19.
- ↑ 6.0 6.1 "Trouva secures GBP17m investment to fuel European expansion | Private Equity Wire". www.privateequitywire.co.uk. 2019-11-27. Retrieved 2020-01-19.
- ↑ "Trouva raises $10 million for marketplace that brings brick-and-mortar boutiques online". VentureBeat. 2017-11-12. Retrieved 2020-01-19.
- ↑ Kelly, Liam (2017-11-12). "Boutique deal for London tech start-up Trouva". The Sunday Times. ISSN 0956-1382. Retrieved 2020-01-19.
- ↑ Tucker, Charlotte. "London-based Trouva raises €19.8 million to further expand its unique object curation business across Europe | EU-Startups". Retrieved 2020-01-19.
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