ManoMano raises $125 million for its home improvement e-commerce platform
Summary
The company operates an e-commerce website and marketplace focused on home improvement and gardening. By focusing on a vertical in particular, the company can provide a large product offering, competitive prices and better customer service. France is still its main market, but the company plans to become the dominant home improvement platform in Europe. According to an interview in JDN, ManoMano plans to take a page out of Amazon’s playbook and expand its Mano Fulfillment service. As the name suggests, ManoMano plans to manage products from third-party retailers and take care of logistics.
Funding
Amount
$125.0M
Total raised
Date
April 1, 2019
Announcement date
Investors
Journal du Net, Bpifrance, General Atlantic, Le Figaro, CM-CIC Capital Privé, Piton Capital
Lead investors
Company
http://www.manomano.fr
Funded company
Classifications
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applications
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