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Bling raised €11.2 million in a Series A funding round led by Owl Ventures

Jun 27, 2024•about 1 year ago

Amount Raised

€11.2 Million

Round Type

series a

BerlinFinancial Services

Investors

Angel InvestPeakNeosferCommerzbank Group’s VcOwl Ventures

Description

Bling, Europe’s first Super-App for families, has successfully completed a Series A equity funding round, raising a total of €11.2 million. With this funding, the Berlin-based company aims to further solidify its leading position by providing easy-to-understand, family-friendly digital solutions that help educate and simplify families‘ everyday lives in the areas of savings, investments, communications, and security.

Company Information

Company

Bling

Location

Berlin, Berlin, Germany

About

Founded in 2021, Bling’s mission is to improve the financial and media literacy of children and families by using simple visualizations and educational information in the app. Launched in the summer of 2022 with a pocket money card and accompanying app, Bling quickly evolved into a holistic platform for families, via partnerships with industry leaders across verticals including Société Générale and Evergreen, providing Bling’s B2B2C partners with unique access to the family target group

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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