Stuffle operates a flea market–style mobile marketplace where users upload photos, add descriptions, set prices and sell secondhand items locally. The app competes with services such as Shpock and Depop in Europe. Stuffle has pursued growth via a mix of cash financing and a media-for-equity arrangement that supplies premium advertising and a media plan to boost reach. Operating metrics reported by the company include roughly 400,000 downloads, 275,000 listed items and 35,000 successful sales totaling €3.6 million. Prior to the latest round Stuffle had raised €975,000 (~$1.23m); the company also states total investments (cash and media combined) exceed €10 million. Management says the media partnership will specifically address growth needs and support a longer-term acquisition strategy. Stuffle is a mobile location-based 'flea market' app that lets users post used items for sale by uploading a photo, writing a short description, and setting a price. The app is currently iOS-only, with an Android version due next month, providing an avenue for growth. Stuffle was incubated by Hamburg-based Digital Pioneers and spun out as a separate company late last year. In traction reported by TechCrunch, the app has about 147,000 downloads since launching in May, 75,000 items listed, and 12,500 successful sales totaling €1.2m in value. The company has raised a total of €975,000 to date, including a newly reported €500,000 round from High‑Tech Gründerfonds and an earlier investment from Tim Schumacher (founder of SEDO). The funding is expected to help Stuffle compete with rivals such as Shpock and expand its user base with the upcoming Android release.

Total raised

$1M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2013