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- Schüttflix
Schüttflix Funding, Investors & Competitors
Schüttflix has raised $117M across 4 funding rounds, most recently a $51M Series A in August 2023.
Last Schüttflix funding round
$51M
Series A · Aug 2023
Cumulative funding Schüttflix raised
$117M
across 4 funding rounds
Key investors in Schüttflix
Speedinvest
HV Capital
STRABAG
FJ Labs
Molten Ventures
Kinled Holding
WaVe-X
Christian Hülsewig
About Schüttflix
Schüttflix is a Gütersloh-based digital platform connecting construction firms with suppliers of bulk materials like sand, gravel, and crushed stone in Germany. Launched in 2018, it facilitates just-in-time deliveries via an app integrating freight forwarders and waste handlers. The service covers North Rhine-Westphalia and expanding regions, streamlining logistics for over 500 registered construction companies.
Founded
2018
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Commission
Schüttflix Funding History
Schüttflix has raised a total of $117M across 4 funding rounds.
Schüttflix's first fundraising round was a $9M Series A in April 2020. The most recent completed round was a $51M Series A in August 2023.
Schüttflix funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Aug 2023 | Series A | STRABAG; IK Umwelt Krefeld; FJ Labs; Goldbeck; DEVK; The Hagedorn Group; WaVe-X | $51M | Schüttflix is a German ConstructionTech marketplace and delivery platform specializing in bulk construction materials such as sand, crushed rock, and gravel. The company operates as a digital hub connecting construction companies, building material suppliers, and waste disposal organizations, offering functions including paperless delivery documentation, live tracking, and price comparison portals to improve efficiency in construction supply chains. In August 2023, Schüttflix raised €45 million in fresh capital led by founders and existing investors, supplemented by a working capital line. New investors in this round included FJ Labs, DEVK Insurance, and family offices, alongside returning backers Strabag, the Hagedorn Group, and strategic partner IK Umwelt. The company achieved significant growth in 2022, nearly doubling its turnover to approximately €90 million compared to the previous year. Beginning in 2023, Schüttflix expanded into construction site disposal services as an additional high-revenue growth area. Management indicated the company expected to reach breakeven within 12 to 24 months from the funding announcement, positioning the capital to support expansion during a period of industry crisis and heightened demand for efficiency solutions. |
| Sep 2021 | Series A | Molten Ventures (lead); STRABAG; Speedinvest; Thomas Hagedorn; Christian Hülsewig; HV Capital | $50M | Schüttflix is a German ConstructionTech startup founded in 2018 that operates a digital B2B platform connecting suppliers and carriers directly with construction sites for bulk materials delivery and waste disposal, replacing traditional analog processes. By September 2021, it had delivered over 2.5 million tonnes of materials via more than 100,000 shipments in Germany, demonstrating strong market penetration in a pen-and-paper dominated industry. On September 30, 2021, Schüttflix raised USD 50 million in a Series A financing round led by Draper Esprit (now Molten Ventures), with participation from existing investors including the founding team (CEO Christian Hülsewig and co-founder Thomas Hagedorn), HV Capital, Speedinvest, and STRABAG. This followed a prior €8 million round in 2020 led by Speedinvest, bringing total funding to approximately €57 million. The new capital supports international expansion into Austria, Poland, and the Czech markets in 2022, leveraging government programs like the EU Green Deal and post-COVID recovery funds to capitalize on sustained construction demand. Schüttflix also plans to develop additional digital products for construction-site supply and waste management, bolstered by strategic partnerships such as with STRABAG. Traction includes over 400% business growth since January 2021, as stated by Draper Esprit's Christoph Hornung, highlighting the platform's value in digitizing a traditional sector. Shareholders also include German actress Sophia Thomalla. |
| Aug 2020 | Seed | HV Capital (lead) | $7M | Schüttflix is a Germany-based marketplace for construction materials and bulk goods, founded in 2018 by Christian Hülsewig and Thomas Hagedorn. The company connects suppliers, forwarders, and construction firms in a market estimated at 50 billion euros in Germany. In 2020, Schüttflix extended its seed round to €14 million, including participation from HV Capital (also known as HV Holtzbrinck Ventures) and Speedinvest, following an initial €8 million raise three months prior. The platform had over 1,500 suppliers and forwarders on its network with average monthly sales growth of nearly 40 percent at that time. |
| Apr 2020 | Series A | Speedinvest (lead); Kinled Holding | $9M | Schüttflix is a B2B digital marketplace platform for the construction industry, founded in 2018 by Christian Hülsewig and Thomas Hagedorn. The platform enables ordering and delivery of bulk construction materials such as sand and gravel, connecting material producers and freight forwarders with customers across building, civil engineering, and landscaping sectors. In 2020, Schüttflix completed an €8 million ($8.7M) funding round led by Speedinvest, with support from the company's founders. At the time of this funding, Schüttflix reported €500,000 in monthly sales across three German regions and had established traction in the traditionally analog construction materials market. The capital was designated for scaling operations across Germany and preparing for international expansion into European markets in 2021 and beyond. |
Who has invested in Schüttflix?
13 investors have backed Schüttflix across its funding rounds, including Speedinvest, HV Capital, STRABAG, FJ Labs, Molten Ventures and Kinled Holding.
Lead investors include Molten Ventures, HV Capital and Speedinvest.
Schüttflix Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Sep 2021 | ||
| 2 | Lead | Apr 2020 | ||
| 2 | Lead | Aug 2020 | ||
| 1 | Participant | Aug 2023 | ||
| 1 | Participant | Aug 2023 | ||
| 1 | Participant | Aug 2023 | ||
| 1 | Participant | Sep 2021 | ||
| 1 | Lead | Sep 2021 | ||
| 1 | Participant | Apr 2020 | ||
| 1 | Participant | Aug 2023 | ||
| 1 | Participant | Sep 2021 | ||
This data is available for Pro users. Sign up to see all 13 Schüttflix investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialSchüttflix Competitors
Schüttflix competitors include listed companies like Copart and RB Global, and private ones like Faire, OfBusiness, Zetwerk and Inxeption.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $4.6B | $1.9B | $27B | 4.9x | ||
| Publicly listed | $4.6B | $1.4B | $16B | 4.1x | ||
| Private | $500M | - | $5.2B | 10.4x | ||
| Private | $2.1B | - | $4B | 1.9x | ||
| Private | $102M | $20M | $3.1B | - | ||
| Private | $300M | - | $3B | 10.0x |
Schüttflix Public Comps
Schüttflix is still privately-owned, but its public comps include Recruit Holdings, Uber, Booking Holdings, Airbnb, Prosus, UPS, DoorDash, Canadian National Railway, Carvana and FedEx.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $24B | $4B | 6.4x | 6.0x | 37.9x | 25.2x | |||
| $52B | $6.2B | 3.0x | 2.8x | 24.9x | 14.6x | |||
| $27B | $8.3B | 4.9x | 4.6x | 15.9x | 12.4x | |||
| $12B | $2.4B | 7.2x | 6.5x | 36.3x | 18.2x | |||
| $9.7B | $1.1B | 9.1x | 8.0x | 83.8x | 123.7x | |||
| $89B | $12B | 1.2x | 1.2x | 9.2x | 8.8x | |||
| $14B | $1.5B | 6.0x | 4.9x | 55.8x | 23.7x | |||
| $12B | $6.5B | 7.2x | 6.8x | 13.6x | 13.9x | |||
This data is available for Pro users. Sign up to see all Schüttflix competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Schüttflix
| When was Schüttflix founded? | Schüttflix was founded in 2018. |
| Where is Schüttflix headquartered? | Schüttflix is headquartered in Gütersloh, Germany. |
| Is Schüttflix publicly listed? | No, Schüttflix is a private, VC-backed company. |
| How much funding has Schüttflix raised? | Schüttflix has raised $117M across 4 funding rounds. |
| What was Schüttflix's last funding round? | Schüttflix's last funding round was a $51M Series A in August 2023. |
| Who are Schüttflix's investors? | Schüttflix's investors include STRABAG, Speedinvest, HV Capital, IK Umwelt Krefeld, FJ Labs, Goldbeck, Thomas Hagedorn, Molten Ventures, Kinled Holding, DEVK and 3 others. |
| Which companies are comparable to Schüttflix? | Companies comparable to Schüttflix include Copart, RB Global, Faire, OfBusiness, Zetwerk and Inxeption. |
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