The Munich-based startup Bobbie is digitizing the building materials trade and, with its platform, provides an interface between construction companies and manufacturers. International investors from the Primecrowd network have now invested a single-digit million euro amount in Bobbie. The capital will be used to expand the platform and expand the team, which currently consists of 15 people.
Bobbie creates transparency in the traditional building materials market. Construction companies, trade professionals, and DIY enthusiasts will gain an overview of building materials manufacturers and their products on the platform. The investor network Primecrowd is now investing a seven-figure sum in the Munich-based company. This is the largest deal to date for Primecrowd's German branch.
Bobbie wants to bring “fresh energy to a sluggish industry”
"The building materials trade has existed for 120 years and operates largely according to long-outdated patterns. With our service, we bring fresh energy to a sluggish industry,"
says Tim Kuhlmann, Managing Director of Bobbie.
"The new capital offers us the opportunity to further expand our platform and connect the numerous large and small manufacturers with construction companies and their customers even more efficiently and cost-effectively."
Markus Kainz, founder and CEO of Primecrowd, says:
"No deal has ever been completed as quickly as this one. At the same time, the investment volume exceeds all our previous financing rounds."
