PE-backed Amen sold to Tape.tv

Tape.tv, an online music video platform based in Germany, wholly acquired Amen for an undisclosed amount. Amen's staff will merge with Tape.tv.

Sunstone and Slow Ventures jointly invested €1m as part of an overall $2.9m injection in April last year, also backed by Ashton Kutcher's A-Grade Investments. In 2011, the company raised a seed funding round, which is said to have been a $2m injection by Index and Sunstone.

Index, Sunstone and Slow were not available for comment.

Company
Amen is based in Berlin, where it was founded in 2011. The firm has developed online rating app Amen, which allows users to write statements and reviews that are rated by fellow users with either "Hell no" or "Amen".

The firm also launched guide app Thanks in January this year. It uses the data collected from users of the Amen app to recommend the most popular restaurants, films or other leisure activities.

People
Felix Peterson is CEO and co-founder of Amen. He will join Tape.tv as new head of production. Florian Weber is also Amen's co-founder. Conrad Fritzsch and Stephanie Renner are Tape.tv's CEOs.

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• Topics
• DACH
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• Germany
• Index Ventures
• Sunstone Capital A/S