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| Hello awha hawhwa, |
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A recently published study shows: The Companisto network has now developed into the leading provider in the EU.
For us, this is a joint success – supported by everyone who is part of the Companisto network. We would like to take this opportunity to look back together at some Companisto companies that have gone this way.
In the coming weeks, we would like to present three startups in a small series that have developed remarkably since their funding via Companisto. Today, KoRo is making the start.
When the two founders started KoRo in 2014, one idea was at the center of everything: Bringing food directly to customers without intermediaries – in larger units, with transparent supply chains and at fair prices.
The first few years were marked by experimentation and the continuous development of the business model. Step by step, KoRo built up structures and developed a clear positioning as a direct-to-consumer brand. This formed the basis for what KoRo is today: a Europe-wide known Love Brand, whose products are firmly established online and in the international stationary trade.
But to develop a scalable company from a good idea, it takes capital. In 2018, KoRo therefore opened up to a wider group of investors via Companisto. At this time, the company was still comparatively small – with an annual turnover of around 1 million euros and a valuation of around 5.5 million euros.
In the following years, KoRo succeeded in building a strong customer loyalty through the close integration of community, brand and product. In this way, KoRo grew not only operationally, but also as a brand with clear recognition value.
Another important step was the entry of Dr. Georg Kofler and Social Chain AG in 2019. The participation not only brought additional capital, but above all strategic expertise in building digital brands and in the area of social commerce. The Companists also participated again in another financing round.
In 2022, KoRo then reached a new stage of development: Within the framework of a larger financing round, renowned venture capital companies such as HV Capital, Five Seasons Ventures and Partech participated. These investors are among the leading European VC funds in the areas of consumer, food and technology and specifically support companies in international scaling. Their entry marked the transition from a rapidly growing startup to an established European player.
KoRo's products are now an integral part of the everyday life of many consumers – online and in the supermarket.
In the meantime, KoRo has more than 300 employees. Annual sales in 2024 were 175 million euros. The company valuation is currently – depending on the source and market development – in the range of around 600 to 900 million euros.
From a small startup that especially the Companists believed in in the early years, one of the best-known food startups in Europe has emerged within a few years – and at the same time one of the most successful investments in the history of Companisto. |
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| Companisto GmbH |
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Köpenicker Str. 154, 10997 Berlin
Managing Director: Tamo Zwinge, LL. M. and David Rhotert
Amtsgericht: Berlin Charlottenburg HRB 132811 B
VAT-ID: DE 276 014 929
Phone: +49 30 330 837 49
Email: service@companisto.com |
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| The acquisition of the offered securities and investments is associated with considerable risks and can lead to the complete loss of the invested assets. The expected yield is not guaranteed and may be lower. Whether it is a security or an asset investment can be seen in the description of the investment opportunity. |
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