Our top 25 commerce disrupters list includes companies from seven countries raising over $1.8bn in total. However $1.6bn of this, and our top 4 raises, are dominated by companies from just 3 countries; Germany $702m, the UK with $487m and Russia $479m, with 10 out of the top 25 based in the UK.
These fund raises have been generated by companies of a variety of ages ranging over a decade, with the youngest company only 2 years old and the oldest established in 2003.
There is a wide range of investors among this group with many investors appearing more than once. However Balderton Capital and Index Ventures lead the way appearing five times, with Accel Partners appearing four. N.B. If you think we’ve missed any companies please let us know in the comments and we will update the list.
- BestSecret.com raised $248 million in 1 round from 1 investor: Ardian in August 2012. BestSecret is an exclusive shopping community providing its members with designer merchandise discounts. Established in 2007 in Aschheim, the range includes over 7,000 products from more than 900 brands with merchandise discounts of up to 80% for members.
- Zalando has raised $243.4 million in 5 rounds from 9 investors: Ontario Teachers’ Pension Plan, TH Lee Putnam Ventures, Commerzbank, KfW Bankengruppe, JPMorgan, Quadrant Capital Advisors, DST Global, HV Holtzbrinck Ventures and Tengelmann E-Commerce Beteiligungs. Most recent raise was $190m in November 2013. Zalando is a multinational e-commerce startup specialising in selling shoes, clothing, and other fashion & lifestyle products. Founded in 2008 in Berlin, Zalando now offers over 1.500 brands, over 150.000 product choices for over 15 million customers in 15 countries.
- Lamoda has raised $210.9 million in 4 rounds from 6 investors: JPMorgan, Kering, Access Industries, Summit Partners, Tengelmann Ventures and International Finance Corporation. The most recent raise was $11.1 million in January 2014. Lamoda is the leading online retailer in Russia and CIS, offering more than 1,000,000 products and 900 international brands. Founded in 2011 in Moscow, Lamoda operates its own express delivery network supporting next day delivery to more than 25 cities in Russia and Kazakhstan, free shipping & try-on service as well as a 365 day period for free returns.
- Farfetch has raised $200.5 million in 5 round from 9 investors: Felix Capital, Jose Marin, Fabrice Grinda, e.ventures, DST Global, Vitruvian Partners, Condé Nast, Index Ventures and Advent Venture Partners. The most recent raise was $86 million in March 2015. Farfetch is a global community of over 300 visionary fashion boutiques offering an inspirational shopping experience to fashion-forward consumers. Founded in 2008 in London, the innovative e-commerce company exists to bring together independent fashion boutiques to provide a wide selection of elegant brands and styles to an international audience.
- Home24 has raised $138.8 million in 2 rounds from 1 investor: Baillie Gifford. The most recent raise was $120 million in June 2015. Home24 is Germany’s largest online shop for furniture, lighting and home accessories, active in 8 countries in Europe and Latin America. Established in 2012 in Berlin, Home24 are among the top 20 of Europe’s fastest growing e-commerce companies and aim to revolutionize the Home & Living market.
- KupiVIP has raised $119.6 million in 5 Rounds from 13 investors: Intel Capital, EBRD, Acton Capital Partners, Accel Partners, Balderton Capital, Bessemer Venture Partners, Russia Partners, ARLAN, Oliver Jung, Direct Group, Mangrove Capital Partners, MCI Management SA and ABRT Venture Fund. The most recent raise was $15.6 million in October 2012. KupiVIP is a Russian online fashion retailer selling discounted fashion and home goods from high-street and luxury brands. Founded in 2008 in Moscow, online fashion retailer hosts up to 20 private online flash sales every day.
- WikiMart.ru has raised $87.6 million in 8 rounds from 3 investors: Tiger Global Management, Cem Sertoglu and Fabrice Grinda. The last raise was $40 million in September 2014. WikiMart is an online marketplace enabling Russian retailers to sell various product categories ranging from electronics to apparel and one of the fasting growing e-commerce companies in the region.The company was founded in Moscow in 2008, with the goal to become a dominant e-commerce player on the territory of the former Soviet Union.
- WorldStores has raised $70.1 million in 4 rounds from 4 investors: Balderton Capital, Advent Ventures, Serena Capital and Goldman Sachs. The last raise was $38.6 million in March 2015. WorldStores is the UK’s largest online retailer of products for the home and garden including beds, mattresses, bookcases, kitchenware, clocks, sofas, rugs, DIY and sheds from over 800 brands. Established in 2008 in Twickenham, WorldStores has the largest home and garden product catalogue in Europe.
- Lyst has raised $60.5 million in 4 rounds from 9 investors: Draper Esprit, 14W, Balderton Capital, Accel Partners, Group Arnault, Susa Ventures, Seth Berman, Alex Zubillaga and Venrex Investment Management. The last raise was $40 million in April 2015. Lyst is a social curation platform partnered with the world’s top fashion brands and stores that’s changing the way people discover fashion online. Established in 2010 in London, Lyst offers a personalized fashion marketplace where users can create a customized shopping feed of products.
- Spartoo has raised $55.2 million in 3 rounds from 5 investors: Sofina, A Plus Finance, CM-CIC Capital Prive, Endeavour Vision and Highland Capital Partners. The last raise was $32.4 million in October 2012. Spartoo is a European online retailer of shoes and footwear for men, women and children. Spartoo was founded in 2006 and is based in Grenoble, with operations in France, Germany, England, Italy, and Spain, and present in more than 20 countries.
- Sotmarket has raised $50 million in 1 round from 1 investor: IQ One in August 2012. Sotmarket specializes in retail electronics, small appliances and accessories such as smartphones, laptops, tablets and cameras. Established in 2005 in Moscow, the shop ranges around 120 thousand different products for everything you need for a comfortable work and rest in the rhythm of modern life.
- Navabi has raised $45.4 million in 4 rounds from 5 investors: Bauer Venture Partners GmbH, Index Ventures, Bauer Media, Dumont Venture and Seventure Partners. The last raise was $29 million in January 2015. Navabi is striving to become the world’s premier online plus-size, designer fashion retailer. Founded in 2007 in Aachen, the website offers the style-savvy plus-sized customer unprecedented access to the newest looks of the season from european cutting edge plus-size labels via worldwide express delivery.
- Outfittery has raised $37.8 million in 4 rounds from 8 investors: Mangrove Capital Partners, HV Holtzbrinck Ventures, Highland Capital Partners Europe, Northzone, RI Digital Ventures, High-Tech Gruenderfonds, Kreativwirtschaft Berlin and Mangrove. The last raise was $20 million in March 2015. Outfittery offers stress-free shopping Fashion for men by providing an online personal shopping service to dress them for success. Established in 2012 in Berlin, Outfittery offers a personal style expert, free service and shipping and shipping to 8 countries.
- Trendyol has raised $36.9 million in 3 rounds from 2 investors: Kleiner Perkins Caufield & Byers and Tiger Global Management. The last raise was $25 million in July 2011. Trendyol is a Turkish e-commerce site that offers members access to a broad range of style, fashion and trends with the motto “A New Way To Shop”. Established in 2009 in Istanbul, Trendyol provides over 10,000 products everyday with discounts reaching up to 90%.
- Notonthehighstreet has raised $36.2 million in 4 rounds from 6 investors: Silicon Valley Bank, Fidelity Growth Partners Europe, 83North, Index Ventures, Laurel Bowden and Venrex Investment Management. The last raise was $9.3 million in May 2015. Notonthehighstreet.com is a curated online retailer that allows users to browse a variety of individual sellers, bringing together over 3,800 independent small UK businesses that combined sell over 100,000 products. Notonthehighstreet was founded in 2006 in Richmond and also has an office in Berlin.
- Vinted has raised $32.6 million in 2 rounds from 2 investors: Insight Venture Partners and Accel Partners. The last raise was $25.7 million in January 2014. Vinted is one of the most successful startups in the Baltic countries, aiming to change shopping habits all over the world by making second hand the first choice. The Lithuanian mobile social marketplace for pre-loved clothing, founded in 2008 in Vilnius, creates a way to enjoy shopping for less and supports mindful consumption.
- Vestiaire Collective has raised $31.7 million in 3 rounds from 4 investors: Balderton Capital, Condé Nast, Idinvest Partners and Ventech. The last raised was $20 million in September 2013. Vestiaire Collective is a global marketplace for the resale of luxury goods, including handbags, accessories and second-hand clothing for women, men and children. Vestiaire Collective was founded in 2009 in London, with sites currently in the UK and France.
- Menlook has raised $28.8 million in 1 round from 6 investors: Bpifrance, Idinvest Partners, 123Venture, AXA Group, Orkos Capital and Partech Ventures. Menlook selects and distributes the best of apparel, footwear and accessories for men. Established in 2010 in Paris, it now represents hundreds of international partners with tens of thousands of products sold and 120 nationalities among its customers.
- Fyndiq has raised $25 million in 2 rounds from 2 investors: Industrifonden and Northzone. The last raise was $20 million in November 2014. Fyndiq is the Swedish Bargain Superstore that connects merchants with bargain hunters, founded in 2009 in Stockholm. While Fyndiq offers a platform where retailers can sell of their overstock, the e-commerce platform also offers more than 220,000 products to bargain hungry consumers from over 1,100 Swedish merchants.
- Made.com has raised $21.1 million in 3 rounds from 7 investors: Silicon Valley Bank, Level Equity, PROfounders Capital, Archimedia, Brent Hoberman, Jaina Capital and John Hunt. The last raise was $8 million in October 2014. Made.com is an online e-commerce platform directly providing designer furniture without third party involvement, connecting 100,000 customers with renowned designers. Established in 2010 in London, Made.com is revolutionising the home furnishing industry by bringing luxury home design to customers at accessible prices.
- The Cambridge Satchel Company has raised $21 million in 1 round from 1 investor: Index Ventures. The Cambridge Satchel Company is a British company that produces beautiful leather satchels and music bags in a variety of sizes, colours – backpack or shoulder strap styles. Established in 2008 in Cambridge, today The Cambridge Satchel Company delivers to more than 86 countries.
- Stylistpick has raised $19 million in 2 rounds from 3 investors: Accel Partners, Fidelity Growth Partners Europe and Index Ventures. The last raise was $11 million in February 2012. The entertainment-led fast fashion company aims to brings personalization and curation to fashion eCommerce. Stylistpick was founded in London in 2010 and enables subscribers to purchase clothing, lingerie, accessories and footwear.
- SecretSales has raised $17.5 million in 3 rounds from 6 investors: Partech Ventures, 123Venture, Doughty Hanson Technology Ventures, Pentech Ventures, Connect Ventures and brands4friends. The most recent raise was $7.6 million in April 2014. SecretSales is a free members-only shopping club that conducts online private sales of designer brands. Founded in 2007 in London, the website provides a quiet environment for the retail of discounted premium product, promising no loss of integrity or brand devaluation.
- Shopa has raised $12.4 million in 3 rounds from 6 investors: Notion Capital, Octopus Investments, AngelLab, Anil Hansjee, Charles Grimsdale and Rod Banner. The last raise was $11 million in February 2015. Shopa is where shopping gets social, enabling online customers to quickly discover relevant brands and products through other like-minded customers’ recommendation. Founded in 2012 in London, with another office in the US, Shopa is focused on unlocking the opportunities that social commerce brings and monetising the power of personal recommendation.
- Heverest.ru has raised $11.7 million in 3 rounds from 3 investors: e.ventures, Fastlane Ventures and ru-Net Holdings.The last raise was $6 million in April 2013. Heverest is Russia’s leading online retailer of outdoor equipment, sporting goods and adventure gear. Founded in 2011 in Moscow, Heverest.ru offers 150 world-famous athletic and lifestyle brands and ships to all destinations worldwide.
Post produced in partnership with Stephen Millard at Eccomplished