Peerby has raised €1.7 million ($2.1m) in funding, as reported by DutchNew.nl in the article “Dutch online borrowing service Peerby raises €1.7m from abroad”.
Peerby and its Founder Daan Weddepohl are Graduates of the Amsterdam Founder Institute.
Peerby is a small, yet ambitious company with the goal of bringing collaborative consumption to the attention of today’s throwaway culture. By simply inputting your name, email, and postcode, the Peerby app enables users to find whatever item they need through their neighbors in under 30 minutes, effectively connecting people and items in a financially and environmentally conscious manner. Why buy when you can share with Peeby?
Peerby’s ingeniously simple concept has not only received attention through different media channels like The Guardian and New Cities Foundation, it has gotten the attention of investors worldwide, recently netting a cool €1.7 million from the French investment house XAnge, American incubator Techstars and publisher Sanoma in total.The Dutch-based company plans to use recent funding money to expand their ideas to the United States. They hope to have Peerby communities in more than 50 cities before the end of next year.
For more information on Peerby’s unique service, visit their official website.
