Young Estonian Startup Upty Acquires Their Larger Finnish Competitor And Opens Up Seed Round
Acquiring Company
Upty
Acquired Company
Competitor
TallinnCommerce And ShoppingConsumer GoodsHealth CareDescription
Estonian startup Upty, the leading resale e-store in the Baltic region, is pleased to announce the acquisition of its Finnish peer, Rekki. In addition, Upty is planning to kick-start the fundraising in the coming months in order to pursue the Company's accelerated expansion across Europe.
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Who to call at Upty, and when
When Upty changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Upty raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Upty, from your own LinkedIn network
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Frequently asked
Who acquired Competitor?
Competitor was acquired by Upty, based in Tallinn. The deal was reported on April 25, 2022. The Estonian clothing reseller company was created in 2020 with its main goal being to reduce consumption and the impact of fast fashion on the environment. Upty is privately held and operates in Commerce And Shopping.
When did Upty acquire Competitor?
Upty's acquisition of Competitor was reported on April 25, 2022. Estonian startup Upty, the leading resale e-store in the Baltic region, is pleased to announce the acquisition of its Finnish peer, Rekki. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Competitor do?
Competitor is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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