TA Ventures leads €2.3m Style Lounge series-A

Other investors included Axivate Capital and Astutia Ventures, as well as family offices. Former head of Nestlé Germany, Gerhard Berssenbrügge, also injected capital.

The company will use the investment to expand into new countries, having recently launched in France and the Netherlands, and to extend its marketing efforts.

According to unquote" data, Style Lounge received capital funding from TA, TruVenturo and Astutia in April 2015.

TA is a Ukraine-based venture capital firm with a strong focus on online startups. It recently invested in Equippo, an online marketplace for used construction equipment.

Axivate is a Netherlands-based investment company. In July 2014, it acquired a 51% stake in The Feedback Company, a Dutch developer of customer feedback analysis software.

Company
Style Lounge was founded in 2014 and went online at the start of 2015. The company is based in Hamburg with 50 employees. It operates a metasearch engine for clothing and lifestyle products. Style Lounge currently cooperates with around 100 partners and provides an assortment of 1.2 million products.

People
Johannes Heinen and Felix Jahn are the founders of Style Lounge.

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• Topics
• DACH
• Consumer
• Expansion
• Germany