Europe's Zappos.com Spartoo Raises €12 Million

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Spartoo.com, the European version of Zappos.com, has closed a €12 million Series B round of funding round led by Highland Capital Partners and Endeavour Vision with A Plus Finance and CM-CIC Capital Privé participating. This brings the online shoe retailer’s total funding to €17.5 million.

Launched in 2006, Spartoo claims over 4 million unique visitors per month (Nielsen, November 2009) and a base of 600,000 regular customers. Spartoo operates sites in France, the United Kingdom, Italy, Belgium and Luxembourg.

It’s unclear whether Spartoo will meet a similar fate as Zappos; the company was acquired last year by Amazon for a whopping $1.2 billion. Of course, Zappos offered both clothing and footwear, whereas Spartoo is dedicated to selling just shoes and bags.

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  • http://www.fiftybyfifty.com/lifeoffarhan/2010/01/13/bad-comparison/ Apples and oranges, an EU Zappos? – Who is Farhan Lalji?

    […] Crunch UK has a post up about Spartoo.com raising 12M Euros today, calling the company the “Zappos of Europe”, sure Zappos and Spartoo both sell shoes, have an s and a p in their name, but I’m not sure if […]

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  • http://fr.techcrunch.com/2011/05/16/spartoo-passe-le-cap-des-100-salaries-et-continue-a-renforcer-son-equipe/ Spartoo passe le cap des 100 salariés et continue à renforcer son équipe

    […] le cap des 100 salariés. L’année derenière, le “Zappos européen” a fait une levée de 12 millions d’euros auprès d’Endeavor Vision, CM-CIC Capital Privé, A Plus Finance […]

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  • http://eu.techcrunch.com/2011/10/21/european-online-shoe-store-spartoo-com-projects-e100-million-turnover-this-year/ European online shoe store Spartoo.com projects €100 million turnover this year

    […] has raised about €17 million from a mix of French, pan-European and American investment banks – […]

  • http://www.rer-group.co.uk/?p=3393 European online shoe store Spartoo.com projects €100 million turnover this year | RER Group

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