
Sequoia et al. in $19m round for 6Wunderkinder
Sequoia Capital, Earlybird and Atomico have backed 6Wunderkinder in a $19m series-B financing round, in what marks US-based Sequoia’s first investment in Germany.
6Wunderkinder will use the fresh funding to expand globally, with a special focus on entering the US market.
Earlybird and Atomico are previous backers of the German start-up. In its most recent investment in 6Wunderkinder, Earlybird bought a 15.49% stake from High-Tech Gründerfonds (HTGF) in 2012, according to unquote" data. HTGF backed the firm with €500,000 at inception in 2010. The firm stated it has raised around $30m in overall external financing since then.
In 2011, London-based venture capital firm Atomico backed 6Wunderkinder in a $4.2m series-A financing round.
Sequoia has invested in other cloud-based applications in the past, such as file hosting service Dropbox and note-taking and archiving software Evernote – both of which are based in the US. The investment in 6Wunderkinder is not the first time the GP has backed a European company; unquote" data has recorded 12 Sequoia investments in Europe since 2006. In its latest European deal, the GP backed Scottish travel search engine Skyscanner, an investment that valued the firm at $800m.
Company
6Wunderkinder is the firm behind to-do list managing app Wunderlist. Wunderlist is a cloud-based managing platform that enables users to organise and share their personal to-do lists and tasks. In April this year, 6Wunderkinder launched Wunderlist Pro, an application allowing users to manage their professional to-do lists.
The firm reports approximately 6 million registered users. It is based in Berlin and was founded in 2010. 6Wunderkinder currently has 41 staff.
People
Sir Michael Moritz is Sequoia's chairman and will join 6Wunderkinder's managing board. Christian Reber is 6Wunderkinder's CEO.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater