GEBRAUCHT.DE COMPLETES CONVERTIBLE BRIDGE LOAN TO SUPPORT GROWTH BEFORE SERIES A
Updated: Sep 4, 2018
29 AUGUST 2018 – Castel Capital has participated in a convertible loan, raising funds for Gebraucht.de, an online C-to-C and B-to-C marketplace for used items, which recently completed a bridge round.
Gebraucht.de is a startup founded in Berlin (Germany), with a vision to become the ultimate online destination to sell used goods by providing the most convenient and trustworthy platform with guided selling process. The company is experiencing significant growth in Germany and will use funds to accelerate growth before Series A, which is planned in 2019.
In addition to Germany, the company is expanding into Austria, France and Spain.