preis24.de GmbH

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preis24.de GmbH - overview

Location

-, -, Germany

Primary Industry

Consumer Products

About

preis24. de GmbH operates a platform specializing in the comparison of telecommunications services, helping consumers find the best mobile and internet tariffs in Germany. preis24. de GmbH provides a platform for comparing telecommunications services.


In March 2015, 7Commerce acquired an 85% majority stake in the company. The headquarters is located in Germany, although specific office locations are not detailed. There is no mention of previous pivots in business strategy or subsidiaries. The founder information is not disclosed, nor is there specific funding round information available.


Preis24. de primarily offered a platform for comparing telecommunications services, focusing on mobile and internet tariffs. The platform enabled consumers to access and compare various pricing plans from multiple service providers, thereby addressing the challenge of determining the best value for telecommunications needs in a competitive market. The service was designed for individual users seeking to optimize their spending on mobile and internet services and was officially operational until May 31, 2025.


With the transition to Verivox. de, Preis24. de's offerings continue to cater to customers in Germany, allowing users to benefit from a comprehensive selection of attractive tariffs and ongoing updates regarding savings opportunities and comparison analytics. The revenue model for Preis24.


de was structured around partnerships with telecommunications providers, facilitating a B2B approach while also serving individual consumers directly. By leveraging affiliate agreements, the platform generated revenue from referrals when customers selected and activated a service through their site. The transaction structure involved commission-based earnings from service providers, alongside potential subscription models for users seeking premium features or enhanced comparison tools. Flagship services included detailed tariff comparisons and promotional offers, which were essential for attracting a diverse clientele ranging from budget-conscious students to business professionals.


User engagement facilitated ongoing revenue streams through these structured partnerships and consumer-driven transactions. The company's future growth strategy includes the continued enhancement of its platform through the launch of new comparison tools and features targeting users looking for the best telecommunications deals in Germany. The recent acquisition by 7Commerce in March 2015 will likely provide additional resources to support these initiatives. There are plans to expand further into the German market with additional promotional efforts, leveraging data from previous user interactions to refine their offerings.


Specific product launches and expansion details have not been disclosed.


Current Investors

SevenVentures, Sixt Ventures

Primary Industry

Consumer Products

Sub Industries

Consumer Electronics

Website

www.preis24.de

Verticals

E-commerce

Total Amount Raised

Subscriber access only

preis24.de GmbH - financials

Fiscal Year EndedDec 31, 2019Dec 31, 2020Dec 31, 2021
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preis24.de GmbH - employee data

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