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Founded Year

2009

Stage

Take Private | Alive

Total Raised

$196.06M

Valuation

$0000 

About Home24

Home24 is an e-commerce retailer of furniture products. The products offered include sofas, couches, lamps, tables, chairs, office cabinets, showcases, highboards, accessories, and more. The company was founded in 2009 and is based in Berlin, Germany.

Headquarters Location

Otto-Ostrowski-Strasse 3

Berlin, 10249,

Germany

030-700-149-0006

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Expert Collections containing Home24

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Home24 is included in 2 Expert Collections, including E-Commerce.

E

E-Commerce

10,697 items

Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).

H

Home Goods & Furniture

331 items

Tech-enabled companies offering services and products focused on furniture, home accessories, and interior design. This collection includes direct-to-consumer (D2C) startups, peer-to-peer (P2P) marketplaces, and 3D & AR/VR visualization tools, among others.

Latest Home24 News

Home24 SE: General Meeting of home24 SE: Three new candidates proposed for election to Supervisory Board – Management Board Member Brigitte Wittekind resigns

May 25, 2023

Home24 SE: General Meeting of home24 SE: Three new candidates proposed for election to Supervisory Board – Management Board Member Brigitte Wittekind resigns 05/25/2023 | 04:41am EDT Message : EQS-News: home24 SE / Key word(s): AGM/EGM/Personnel home24 SE: General Meeting of home24 SE: Three new candidates proposed for election to Supervisory Board – Management Board Member Brigitte Wittekind resigns 25.05.2023 / 10:40 CET/CEST The issuer is solely responsible for the content of this announcement. General Meeting of home24 SE: Three new candidates proposed for election to Supervisory Board – Management Board Member Brigitte Wittekind resigns Virtual General Meeting to take place on 30 June 2023 XXXLutz-Group proposes three new candidates for the Supervisory Board, Philipp Kreibohm, Co-founder of home24, stands for re-election Brigitte Wittekind to leave home24 at her own request as of 31 May BERLIN, 25 May 2023 – home24 SE will hold its next Annual General Meeting as a virtual Annual General Meeting on Friday, June 30, 2023, starting at 12:00 noon. The invitation was published in the Bundesanzeiger and on the company's website on May 24. One of the items on the agenda is the re-election of the four-member Supervisory Board. Philipp Kreibohm, one of the founders of home24, is proposed for re-election. In addition, Michael Seifert, Nikola Seifert and Matthias Ley are to be elected to the Supervisory Board at the suggestion of the majority owner around the XXXLutz Group. The XXXLutz Group holds around 94% of the shares in home24 SE via XXXLutz KG, RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH. The candidates proposed for election against this background exercise various management functions in the XXXLutz Group of companies. With the planned election, the new ownership structure will be also reflected in the company's Supervisory Board. In the course of the acquisition, home24's management team will also be restructured. COO Brigitte Wittekind will leave the company at her own request effective 31 May 2023 to take on a new professional challenge. Her duties will be divided among an expanded Executive Team, which will also include the CEO and founder of Butlers, Wilhelm Josten, who will thus assume additional responsibility in the Group. "After eight years at home24, it is time for a new challenge. The teams at home24 are in excellent shape and the future prospects together with the XXXLutz Group are very promising," says Brigitte Wittekind. "The successful completion of the takeover was a logical time to take another professional step, giving home24 the opportunity to now set up the management team for the next chapter of home24." The Chairman of the home24 Supervisory Board, Lothar Lanz, extended his thanks to Brigitte Wittekind: "As COO, Brigitte Wittekind has played a very decisive role in enabling home24 to develop from a tech startup into one of the leading online destinations for home&living. The challenges, especially for logistics, were always great: Brigtte Wittekind first adapted all processes and structures to the growing business volume and successfully implemented our ambitious investment program. When supply chains collapsed during the Corona crisis and demand skyrocketed at the same time, she and her teams ensured that our customers could always rely on home24. We wish her every success in her new role and would like to express our sincere thanks for the outstanding work she has done for home24." ÜBER HOME24 home24 is a leading pure-play home & living e-commerce platform in Continental Europe and Brazil. With over 250,000 home & living products in Europe and more than 200,000 articles in Latin America, home24 offers a unique selection of large and small furniture pieces, garden furniture, mattresses and lighting. This curated, broad assortment offers a significant value-for-money value proposition to customers. home24 is headquartered in Berlin and employs around 3,000 people worldwide. The Company is active in seven European markets: Germany, France, Austria, the Netherlands, Switzerland, Belgium and Italy. home24 is also active in Brazil under the Mobly brand. The group also includes the lifestyle brand Butlers with around 100 stores in the DACH region and additional 25 in the rest of Europe. home24’s product range consists of numerous brands, including a large number of private labels. For more information, please visit the Company’s website at www.home24.com. LEGAL DISCLAIMER: This publication contains forward-looking statements. These statements are based on the current views, expectations, assumptions and information of the Company’s management. Forward-looking statements contain no guarantee for the occurrence of future results and developments and are associated with known and unknown risks and uncertainties. Due to various factors, actual future results, developments and events may differ materially from those described in these statements; neither the Company nor any other person accepts any responsibility whatsoever for the accuracy of the opinions or underlying assumptions contained in this publication. The Company assumes no obligation to update the forward-looking statements contained in this publication. 25.05.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com

Home24 Frequently Asked Questions (FAQ)

  • When was Home24 founded?

    Home24 was founded in 2009.

  • Where is Home24's headquarters?

    Home24's headquarters is located at Otto-Ostrowski-Strasse 3, Berlin.

  • What is Home24's latest funding round?

    Home24's latest funding round is Take Private.

  • How much did Home24 raise?

    Home24 raised a total of $196.06M.

  • Who are the investors of Home24?

    Investors of Home24 include XXXLutz, Bygghemma Group, Picus Capital, Rocket Internet, Baillie Gifford and 7 more.

  • Who are Home24's competitors?

    Competitors of Home24 include Westwing Home & Living.

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Compare Home24 to Competitors

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One Kings Lane

One Kings Lane is a flash sales site for home decor. It offers sofas and settees, dining furniture, rugs, table lamps, mirrors, candles and diffusers, and more. It was founded in 2009 and is based in Merrillville, Indiana. In April 2020, One Kings Lane was acquired.

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Fashion For Home

Fashion For Home is an international furniture shop from Berlin offering made-to-order designer furniture and accessories. Users can discover designer furniture, with a particular emphasis on the quality of the materials used and on inspirational design.

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Westwing Home & Living

Westwing Home & Living is a company that focuses on the retail industry, specifically in the domain of home and living products. The company offers a wide range of products including furniture, home decor, lighting, rugs, textiles, kitchen items, and children's items. The primary customer base of Westwing Home & Living is the ecommerce industry. It was founded in 2011 and is based in Munich, Germany.

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