Sportme Verein i. G.

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Sportme Verein i. G. - overview

Location

Berlin, -, Germany

Primary Industry

Internet

About

Sportme Verein i. G. is a Berlin-based company that offers a wide range of sports products and services, specializing in connecting consumers to athletic apparel, equipment, and accessories through an organized comparison platform. Sportme Verein i.


G. operates as a comparison portal catering to various athletic needs. The company is headquartered in Berlin, Germany and was founded by Andrew Greenstein. The company's last funding round occurred on February 25, 2008, where they raised venture financing from IBB Beteiligungsgesellschaft, although financial terms were not disclosed.


The company specializes in providing a comprehensive range of sports products and services, focusing on various athletic needs, including sports apparel, footwear, equipment, and accessories. Their offerings include sports clothing, sports shoes, fitness equipment, and various training aids. The company functions as a comparison portal, helping customers navigate the extensive market of sports products by offering organized categories that facilitate easy selection based on specific needs, targeting consumers in Europe. The company's revenue structure is primarily driven through direct-to-consumer sales via their online platform, connecting buyers with numerous sports products from various brands.


This model generates revenue from each sale, particularly through flagship products like moisture-wicking sports apparel and high-performance footwear, aligned with consumer expectations in quality and performance. Looking ahead, Sportme Verein i. G. plans to expand its product line with new offerings aimed at enhancing consumer choice and meeting diverse athletic needs.


Additionally, the company is considering expansion into other European markets by the end of 2024 to capitalize on the growing interest in fitness and wellness. The venture financing raised in February 2008 will support these initiatives, allowing for further development of their online platform and marketing efforts.


Current Investors

IBB Ventures, Mountain Partners

Primary Industry

Internet

Sub Industries

Social Networking & Communication Platform

Website

www.sportme.de

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Sportme Verein i. G. - financials

Fiscal Year EndedDec 31, 2007Dec 31, 2008
Revenue (USD)--
% Revenue Growth (YoY)--
EBITDA (USD)--
Operating Income (USD)--
Operating Margin--
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NET Income (USD)--
% Net Margin--

Sportme Verein i. G. - employee data

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