11 million euros for Homebell in Series B financing round
Berlin — Berlin-based startup Homebell receives new capital totaling around €11 million in a Series B financing round. The new investors include (among others) insurance companies AXA and Helvetia as well as SevenVentures, the financial investor of the ProSiebenSat1 media group. Part of the financing amount flows into TV advertising time provided by the ProSiebenSat1 Group. Homebell was founded in Berlin in September 2015.
The company offers online placement of handyman services such as painting or electrical work. Homebell was already able to collect millions of euros in investments at the start. The investors at the time included Index Ventures, the investment company Lakestar and the Rocket Internet fund Rocket Internet Capital Partners.
With the new money, the platform intends to further expand its presence in Germany and the Netherlands and grow by adding new product categories. In the future, for example, the website will also offer customers inspiration and ideas for renovation.
Advisor Homebell: P+P Pöllath + Partners
The P+P Venture Capital Team Christian Tönies, LL.M. Eur. (Partner, Lead, VC, Munich/Berlin) and Dr. Sebastian Gerlinger, LL.M. (Senior Associate, VC, Munich/Berlin) has advised Homebell since its inception and so also in the current financing round.