Catawiki, a European online marketplace for specialized objects has announced a €150 million investment, led by Permira through its Growth Opportunities Fund.
“Our mission is to become the most popular destination for special objects across the globe, starting with Europe. This investment is the latest confirmation that we are delivering on this mission. It’s also a strong recognition of the hard work of our team.”
“I’m very happy to welcome Permira as our new partners. Their expertise and knowledge will be invaluable as we expand into more markets”
– Ravi Vora, CEO, Catawiki
The marketplace is said to be the most visited for special objects in Europe and currently provides a safe and reliable experience to over 10 million users. The marketplace gives consumers a place to buy carefully selected collectibles in a number of categories which has helped create a unique and successful business model. Catawiki aims to use the money raised to invest in technology, marketing and hiring more experts across Europe to grow their user base and further their expansion.
“Catawiki has created the definitive pan-European curated marketplace for rare and unique items, delighting its passionate enthusiasts along the way. We’re thrilled to back Ravi and his team to accelerate their investments in product, marketing and geographic expansion.”
– Dipan Patel, Partner and Head of Consumer, Permira