PROFISHOP
Am Speicher XI, Abt. 3, Bremen, 28217, Germany
Overview
Profishop operates an online storefront selling products for business and industrial customers—power tools, workbenches, agricultural and catering equipment, and office supplies—by working directly with manufacturers and enabling drop-shipments. Its platform is built around a “just in time” ordering and distribution model that requires no warehouses or inventory purchases by Profishop. The company offers roughly 1.6 million SKUs from about 1,600 manufacturers and is active in 13 markets, with its German storefront currently the largest. Management says Profishop cleared $100 million in sales with 500,000 customers last year and is on track to more than double those numbers this year, and Tiger Global describes 200,000 active buyers in Europe using the platform. The founders—CEO Arasch Jalali and CTO Anna Hoffmann—have grown the business about 100–120% year‑on‑year since starting and say the company has been profitable during its roughly decade‑long history. Profishop is expanding further in Europe and has begun efforts to enter the U.S., using logistics partners for drop‑ship fulfillment there.
- Total raised
- $35M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Mar 2022
Industries
- B2B
- E-Commerce
- Marketplace
- Office Supplies
- Procurement
Recent funding
Equity
Mar 2022
$35M