– Marketplace Notonthehighstreet.com secures investment from Hubert Burda Media in £21m funding round

MIL OSI – Source: Hubert Burda Media in English – Press Release/Statement

Headline: – Marketplace Notonthehighstreet.com secures investment from Hubert Burda Media in £21m funding round

background information:

 

Hubert Burda Media

Dorothee Stommel

Phone: +49 (0)89 9250 2065

Notonthehighstreet.com

Louise Winmill

Phone: +44 (0)7881 827 789

About Hubert Burda Media

Hubert Burda Media, headquartered in Munich, is an international technology and media company with over 540 brands and products that are oriented to the needs of consumers. Burda has 175 million users and approximately 60 million paying consumers. Its commercial success is driven by over 10,000 employees around the world: Burda is active in 19 markets, above all in Germany – where it is one of the countries’ largest media groups – in Europe, the United States and Asia. Innovation is the driving force behind the organization, which builds on its original roots and values as a family-owned company.

Burda has been a pioneer in adopting digital technology and is a trusted partner for the long-term success of digital business. Examples include Etsy.com (invested since 2006) or Xing (invested since 2009). With DLD (Digital, Life, Design) Hubert Burda Media has established a global network on innovation, digitization, science and culture with conferences around the world. BurdaPrincipal Investments is the company’s unit to provide growth capital to digital ventures in the Unites States, Europe, and Asia.

About Notonthehighstreet.com

Notonthehighstreet.com is the leading curated modern marketplace connecting the best small creative businesses, with the world. The brand has gained the trust and loyalty of its customers through offering an alternative to the High Street: a curated product selection with unique designs, high-quality craftsmanship and inspiring stories behind the people that make them.

Founded in 2006 by Holly Tucker MBE and Sophie Cornish MBE, the brand has experienced exceptional growth with gross sales (TTV) in 2016 reaching £158 million and delivering a compound growth rate of 135% since launch. Under the leadership of newly appointed CEO Simon Belsham, there is renewed energy and focus on building a brand that will captivate customers for decades to come by supporting Partners’ growth and innovation.

With a team of over 200 at its headquarters in Silicon Upon Thames, South West London, Notonthehighstreet.com is chaired by retail veteran Darren Shapland and backed by media and technology company, Burda and venture capitalists including Index Ventures, Industry Ventures and Eight Roads Ventures.