HTGF invests in second-hand luxury retailer Rebelle

HTGF, one of Germany's most active venture capital firms, invested in Rebelle because it developed a point of sale (POS) system that allows retailers to put their inventory online at much lower costs, the GP said.

Software-as-a-service (SaaS) start-ups are a prime target for HTGF, with 93 young companies in its portfolio so far.

Company
Rebelle is an online platform that allows users – both individuals and retailers – to upload their second-hand luxury goods for sale. The SaaS platform also offers services such as professional photo-editing, copywriting or verifying the items' authenticity. 

Rebelle's newly developed POS system, which has been offline until now, enables second-hand retailers to access online distribution channels.

The firm, which was founded in 2013, is run by corporation StyleRemains. It is based in Hamburg, where it employs 10 staff.

People
Marvin Andrä is an investment manager at HTGF. Cécille Gaulke and Max Schönemann are Rebelle's co-founders and co-CEOs.

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• Topics
• DACH
• Consumer
• Early-stage
• Germany
• High-Tech Gründerfonds