Second hand: the Campsider marketplace raises 2.5 million euros

Date:

Three years after its launch in Annecy (Haute-Savoie), the start-up Campsider is carrying out a hybrid fundraising of 2.5 million euros, of which 400,000 euros are integrated into a crowdfunding collection, via the Sowefund platform. .

The seed round was led by the Founders Future structure, followed by Inovexus, Machame and Fair Equity, as well as by several business angels such as Christian George, founder of the second-hand platform Vestiaire Collective or Xavier Le Guen, VP Wintersports at equipment manufacturer Salomon. In April 2022, the young company had already raised 2 million euros, with the aim of increasing its workforce, redesigning its site and launching an application.

Campsider made itself known by offering second-hand outdoor products, on average 55% cheaper than new, mainly on skiing and cycling. A way to extend the lifespan of equipment, while avoiding buying new equipment for occasional sporting activities. The brand has thus been able to form partnerships with equipment manufacturers in the sector, such as Tecnica, Millet, Brooks, Guidetti and Lowa.

An opening of capital to the general public, from 150 euros

From now on, the brand aims to become the European leader in the sector by 2029, and is counting in particular on this round of financing to develop in Germany, the Benelux, Spain, Switzerland and the United Kingdom.

The platform now boasts 5 million euros in annualized business volume, a community of more than 150,000 members, 200,000 products available and 2 million visitors per year. A business volume that it hopes to double by 2025, by integrating data and AI on a technological level. The start-up also wants to strengthen some of its activities while opening new categories (golf, water sports, horse riding).

“To build the future of the sports industry and expand the circular consumption movement, it seemed essential to us to integrate our community into our development in a ‘mutualist’ logic”, say Arthur Rocle and Thomas Gounot, founders of Campsider . This is the reason why 16% of the total amount of the fundraising, i.e. 400,000 euros, should be provided by a crowdfunding raise. The collection is open to everyone, for a minimum amount of 150 euros, through the crowdfunding platform Sowefund.

This article is originally published on usine-digitale.fr

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Electric Scooter XElectric Scooter X

Popular

More like this
Related

In-store inflation returns to ‘normal’ level in the UK

Store price inflation "returned to normal levels" in the...

On January 31, 2021, the United Kingdom left the single market

The fact that the British left Europe was a...

Recognition of the State of Palestine by three European countries: new political achievements made

Proclaimed in November 1988 by the Palestine Liberation Organization...

Early legislative elections in the United Kingdom: Labor in the majority again?

In the United Kingdom, Prime Minister Rishi Sunak created...