Observed Signal · Jan 14, 2025 · Funding · Source: Trending Topics · Impact: 2/5 · Sentiment: Positive
Minimist Raises €350,000 Pre-Seed for Second-Hand Sales Management
Vienna-based startup Minimist has raised €350,000 in a pre-seed funding round. Founded by former Google and Spotify manager Stephan Hofmann and serial entrepreneur Henrik Feldt, Minimist develops software for centrally managing second-hand product sales across multiple online marketplaces, including Vinted, Google Shopping, Shopify and eBay. The company addresses a gap: while 80% of European consumers research purchases online, 93% of second-hand shops lack an effective digital presence. The platform uses machine learning to automatically recognize objects in photos and suggest prices, reducing the effort of digitizing used goods by up to 95%, according to the company. Investors include Eversports founder Hanno Lippitsch, former Bitpanda and TourRadar CMO Michael Pötscher, Findologic founder Matthias Heimbeck, impact investor Sebastian Sessler and Duit Family Office. Within four months, Minimist has signed 14 second-hand retailers in Europe as partners and plans to use the funds to expand and develop further features.
Pre-seed funding for a niche yet AI-enabled recommerce management startup; relevant to the e-commerce technology ecosystem but of limited direct impact on the AdTech industry.
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Key Takeaways & Evidence Grounding
- Minimist raised €350,000 in a pre-seed funding round.
- The startup was founded by Stephan Hofmann and Henrik Feldt.
- The software manages second-hand sales across Vinted, Google Shopping, Shopify and eBay.
- Minimist uses machine learning to recognize objects in photos and suggest prices.
- The company has onboarded 14 second-hand stores in Europe within four months.
- Investors include Hanno Lippitsch, Michael Pötscher, Matthias Heimbeck, Sebastian Sessler and Duit Family Office.
Connected Companies & Entities
6 Entities mapped“Das von Ex-Google- und Spotify-Manager Stephan Hofmann und Serial Entrepreneur Henrik Feldt gegründete Unternehmen entwickelt Lösungen; ange...”
“Das von Ex-Google- und Spotify-Manager Stephan Hofmann und Serial Entrepreneur Henrik Feldt gegründete Unternehmen....”
“Angebunden sind Vinted, Google Shopping, Shopify und eBay....”
“Angebunden sind Vinted, Google Shopping, Shopify und eBay....”
“Angebunden sind Vinted, Google Shopping, Shopify und eBay....”
“Ex-Bitpanda- und TourRadar-CMO Michael Pötscher....”
Ontology Mapping & Concepts
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