Bring! Labs AG

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Bring! Labs AG - overview

Established

2013

Location

Zurich, -, Switzerland

Primary Industry

Internet

About

Bring! Labs AG is a Zurich-based tech company that develops a collaborative digital shopping list application for iOS and Android, enhancing the grocery shopping experience for users worldwide. Founded in 2013 in Zurich, Switzerland, Bring! Labs AG focuses on providing a digital shopping solution.


The company, co-founded by Marco Cerqui, Raphael Thommen, and Sandro Strebel, has raised EUR 3. 8 mn in funding as of May 12, 2020, with participation from investors such as G+J Digital Ventures and Swiss Post Ventures. Marco Cerqui serves as CEO. Bring!


offers a digital shopping list application compatible with both iOS and Android, allowing users to create and share shopping lists with family and friends. This application facilitates real-time collaboration, making it especially useful for households where members may shop separately. Launched in 2013, it has grown to serve over 20 million users globally, providing additional features like recipe inspiration and access to retailer promotions, primarily targeting consumers in Europe while expanding internationally. The revenue model of Bring!


is based on user engagement within their app, which may include partnerships and promotional offers with retailers. Users can download the app and create personalized shopping lists without direct charges for basic features, while additional revenue may be generated through collaborations with brands interested in promoting their products within the app. In May 2020, Bring! Labs AG raised approximately EUR 3.


8 mn in venture funding to bolster its growth initiatives. The recent funding will be directed towards enhancing existing services and exploring new product features aimed at improving user experience. Additionally, Bring! plans to expand its market reach, targeting new geographic areas in Europe and beyond to increase its user base and solidify its position in the digital shopping sector.


Current Investors

Swisscom Ventures, Swiss Founders Fund, investiere

Primary Industry

Internet

Sub Industries

Web Applications

Website

www.getbring.com

Verticals

Mobile Apps

Company Stage

Series A

Total Amount Raised

Subscriber access only

Bring! Labs AG - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Unspecified RoundCompletedBring! Labs AG-
Series ACompletedBring! Labs AG-
SeedCompletedBring! Labs AG-

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