WATCHMASTER Raises $5.5M in Series A

WATCHMASTER a pan-European full-service trading platform for new and pre-owned luxury watches has recently raised $5.5M in Series A. The announcement is made on November 30, 2015. The investors who participated in the round include Cherry Ventures and Piton Capital.

WATCHMASTER has raised $7M so far in three rounds from four investors including Cherry Ventures, Philipp Magin, Piton Capital and Ronny Lange.

watchmaster-raises-5-5m-in-series-a

Stephan Heller and Ronny Ahlswede founded WATCHMASTER in the early summer of 2015. The company is headquartered in Berlin and  employs more than 50 people.

The company has established itself within a very short time in online luxury watch market. It sets Watch Master on innovative Internet technology in digital commerce and combines them with competent and personal advice.

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