Hive is an e-commerce and logistics startup, founded in 2020 and headquartered in Germany. The company's slogan, "The leading operations platform for independent commerce" aligns with its mission to provide a comprehensive operations solution for commerce brands. Through a combination of powerful technology and a network of operations providers, Hive aims to help commerce brands reduce costs by an average of 17% and potentially increase revenue by up to 24%. The ecosystem of Hive covers the entire operations chain across Europe, offering monitoring, control, and optimization tools alongside access to best-in-class operations infrastructure. In its latest funding round in June 2024, Hive secured a €18.20M Series A investment from notable investors including Earlybird, Picus Capital, Tiger Global Management, AMPLIFIER, and Alfa8. This significant investment reflects the confidence of these prominent investors in the potential of Hive to revolutionize the operations landscape for independent commerce.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | €18.20M | 5 | Alfa8 | 24 Jun 2024 |
Debt Financing | €10.00M | 1 | 24 Jun 2024 | |
Series A | $34.00M | 6 | Flixfounders | 11 Nov 2021 |
Seed Round | €6.60M | 8 | Roman Kirsch, Michael Wax +2 | 14 Apr 2021 |
Pre Seed Round | €1.60M | 6 | Sebastian Merkhoffer, Roman Kirsch +3 | 04 Feb 2021 |