Young Estonian Startup Upty Acquires Their Larger Finnish Competitor And Opens Up Seed Round
Round Type
Seed
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.
Quick answer
Upty raised an undisclosed amount in a Seed round, dated April 25, 2022. Upty is based in Tallinn, Harju Maakond, Estonia.
- How much did Upty raise?
- Upty raised an undisclosed amount in a Seed round on April 25, 2022.
- What does Upty do?
- 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.
- Where is Upty based and how big is it?
- Upty is based in Tallinn, Harju Maakond, Estonia.
Source: Fundz verified event record.
Who else raised in Commerce And Shopping and Consumer Goods around the same time
Companies in the same sectors as Upty that raised within 45 days of this round, from Fundz verified event records.
- Legion Health raised $3.7M (Seed) on March 17, 2022.
- Bardavon Health Innovations, Inc. raised $8.6M on June 9, 2022.
- Purplle raised $33M (Funding Round) on June 9, 2022.
- Toothsi raised $40M (Funding Round) on May 2, 2022.
- Sten Ti T raised $1.9M (Seed) on April 25, 2022.
- Open Book Extracts raised an undisclosed amount (Series C) on April 6, 2022.
Who to call at Upty, and when
A new round usually means Upty is about to hire and buy. The teams that reach out first get the meeting.
- 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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Upty raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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