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flaschenpost Acquisition, Valuation, Funding & Investors
flaschenpost was acquired by Dr.Oetker for $1.2B in November 2020.
flaschenpost acquisition price
$1.2B
Acquired by Dr.Oetker · Nov 2020
Cumulative funding flaschenpost raised
$80M
across 2 funding rounds
Key investors in flaschenpost
Tiger Global
Cherry Ventures
Hedosophia
Vorwerk Ventures
3L Capital
Discovery Ventures
About flaschenpost
flaschenpost is a German online beverage delivery service, founded in 2016, that lets customers order drinks for delivery in under two hours across 23 German cities. The company sells a broad range of beverages through its platform, with about 15% of revenue coming from its own water and beer brands. At its peak scale, flaschenpost was handling roughly 50,000 orders per week with around 1,700 staff across drivers, warehouses, and offices.
Founded
2016
HQ
Website
Status
Acquired
Customer focus
B2C
Revenue model
Product sales
Valuation
$1.2B (acquired Nov 2020)
flaschenpost Acquisition
flaschenpost was acquired by Dr.Oetker for $1.2B on 2 November 2020.
Before the acquisition flaschenpost had raised $80M across 2 funding rounds.
| Acquirer | Date | Type | Price |
|---|---|---|---|
| 2 Nov 2020 | Strategic M&A | $1.2B |
flaschenpost Funding History
flaschenpost has raised a total of $80M across 2 funding rounds.
flaschenpost's first fundraising round was a $24M undisclosed-stage round in April 2018. The most recent completed round was a $56M Series C in March 2019.
flaschenpost funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Mar 2019 | Series C | Hedosophia (lead); Tiger Global (lead); 3L Capital | $56M | - |
| Apr 2018 | Undisclosed stage | Cherry Ventures (lead); Vorwerk Ventures (lead); Discovery Ventures | $24M | Flaschenpost was founded in 2016 as a German beverage delivery service allowing customers to order drinks for delivery in under two hours across 23 German cities. The company operated an online platform where approximately 15% of revenue came from sales of its own water and beer brands. In April 2018, Flaschenpost raised $24.2 million in a Series B funding round led by Family office Sociedade Francisco Manuel Dos Santos, with participation from Vorwerk Ventures (the corporate venturing arm of Vorwerk Group) and Cherry Ventures. The funding was intended to support the company's growth and expansion. Subsequently, Tiger Global Management invested an additional $56.7 million (approximately €50 million) in March 2019. By October 2020, the company was delivering approximately 50,000 orders per week and employed around 1,700 staff across drivers, warehouse, and office positions. In November 2020, Dr Oetker, a packaged food producer, acquired Flaschenpost for €1 billion ($1.16 billion USD), allowing Vorwerk to exit its investment. |
Who has invested in flaschenpost?
6 investors have backed flaschenpost across its funding rounds, including Tiger Global, Cherry Ventures, Hedosophia, Vorwerk Ventures, 3L Capital and Discovery Ventures.
Lead investors include Hedosophia, Tiger Global, Cherry Ventures and Vorwerk Ventures.
flaschenpost Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Mar 2019 | ||
| 1 | Participant | Apr 2018 | ||
| 1 | Lead | Mar 2019 | ||
| 1 | Lead | Mar 2019 | ||
This data is available for Pro users. Sign up to see all 6 flaschenpost investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free Trialflaschenpost Competitors
flaschenpost competitors include listed companies like Xiaocaiyuan, TAB Gıda and Ziyan Foods, and private ones like Choco, Rohlik and Flipdish.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.2B | - | ||
| Private | $345M | - | $1.2B | 3.5x | ||
| Publicly listed | $797M | $220M | $1.2B | 1.4x | ||
| Publicly listed | $979M | $159M | $1.2B | 1.1x | ||
| Private | - | - | $1.3B | - | ||
| Publicly listed | $483M | $65M | $1.2B | 2.2x |
flaschenpost Public Comps
flaschenpost is no longer listed, but its public comps include Xiaocaiyuan, TAB Gıda, Ziyan Foods, BJ's Restaurants, Biglari Holdings, Monogatari, Ichibanya, Guangzhou Restaurant Group, Domino's Pizza Enterprises and Wendy's.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $797M | $220M | 1.4x | 1.4x | 5.1x | 5.9x | |||
| $979M | $159M | 1.3x | 1.1x | 8.1x | 5.4x | |||
| $483M | $65M | 2.3x | 2.2x | 17.4x | 17.7x | |||
| $1.4B | $129M | 1.2x | 1.2x | 13.1x | 11.9x | |||
| $395M | $7M | 2.9x | - | 168.7x | - | |||
| $797M | $90M | 1.6x | 1.3x | 14.5x | 11.0x | |||
| $421M | $40M | 2.5x | 2.4x | 26.2x | - | |||
| $803M | $136M | 1.5x | 1.5x | 9.2x | 9.0x | |||
This data is available for Pro users. Sign up to see all flaschenpost competitors and their valuation data. Start Free Trial | ||||||||
Common questions about flaschenpost
| When was flaschenpost founded? | flaschenpost was founded in 2016. |
| Where is flaschenpost headquartered? | flaschenpost is headquartered in Germany. |
| Is flaschenpost publicly listed? | No, flaschenpost was acquired by Dr.Oetker in November 2020. |
| Who acquired flaschenpost? | flaschenpost was acquired by Dr.Oetker in November 2020. |
| How much was flaschenpost acquired for? | flaschenpost was acquired for $1.2B in November 2020. |
| How much funding has flaschenpost raised? | flaschenpost has raised $80M across 2 funding rounds. |
| What was flaschenpost's last funding round? | flaschenpost's last funding round was a $56M Series C in March 2019, led by Hedosophia and Tiger Global. |
| Who are flaschenpost's investors? | flaschenpost's investors include 3L Capital, Discovery Ventures, Tiger Global, Hedosophia, Cherry Ventures and Vorwerk Ventures. |
| Which companies are comparable to flaschenpost? | Companies comparable to flaschenpost include Choco, Rohlik, Xiaocaiyuan, TAB Gıda, Flipdish and Ziyan Foods. |
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