Sign In

Dutch local borrowing platform Peerby bags 1.7 million

30 October 2014 12:23
By Tornado Staff

Amsterdam-based Peerby has raised 1.7 million in an investment led by XAnge Private Equity. Existing shareholder Sanoma Ventures also participated in this latest round, as well as TechStars and business angels from Canada and the US. The proceeds will be used for product development and international growth, with a specific focus on the US.

Peerby is a website and app that enables users to borrow things they need from people nearby. The platform was launched in September 2012 and currently boasts more than one million items from 100,000 users in the Netherlands and Belgium, London, and Berlin. Peerby is currently present in eight US pilot cities and wants to expand its US presence to 50 cities next year.

Related stories
25 million in fresh funds and 449 million valuation for Westwing
French fashion e-tailer bags 9 million round led by Gimv
VC fintech frenzy continues with deals in 2 working capital platforms
Social media translation startup Reach7 secures second 'seed' round
Digital trading card developer VirtTrade secures Mercia funds


Tech investments
From our Online Data Service
VC-backed companies
From our Radar

Recent Deals

Nov 25€24.0MInternet commerce
Feb 21€87.0MInternet services
Feb 21€18.0MInternet commerce
Feb 20€4.3MSoftware development
Feb 20€6.0MInternet services
Feb 19€0.4MInternet commerce
Feb 19€8.4MMedical devices

For information on Europe's most extensive database on technology funding click here!


Press Releases

May 28
identiq raises $5m seed, launches privacy-first identity validation...

Apr 29
nethone raised over $1 million from innovation nest

Jan 29
yumpingo raises $10m to transform guest experiences in restaurants

Oct 1
The Link App
the link app launches version 2.0

Mar 29
Addex Therapeutics
addex sucessfully raises chf40 million in capital increase

About usContact usLegal Information
Copyright 1999-2019
Emerging Technology Research Europe Inc. All rights reserved.