Retail TIM STRACKE | CHRONO24 Founder & Co-CEO SPEAKER BIO Tim is co-owner and co-CEO of Chrono24, the world's marketplace for luxury watches. Chrono24’s transaction volume exceeded €0.7bn in 2015 and currently grows at 30-40%. In 2015, Insight Venture Partners invested €21m in Chrono24. In 2001, Tim founded Mentasys, which became Germany’s leading online price comparison service provider. He later sold it to a subsidiary of Bertelsmann. Tim is an active investor in technology companies and he advises entrepreneurs on strategy, finance and marketing/sales. Tim also acts a a venture partner with Target Partners, Germany. KEY CORPORATE FACTS & KPIs COMPANY OVERVIEW Headquarters Karlsruhe, Germany Chrono24 is the leading global marketplace for luxury watches. Established in 2003, it has been reshaping the international market for high-quality timepieces ever since. Professional dealers and private Office Locations Karlsruhe, Berlin, New York, Hong Kong sellers from all over the world offer nearly 200,000 watches on the platform. Every day, Chrono24 attracts more than 350,000 watch enthusiasts from over 80 countries. Founded 2003 Chrono24’s headquarters in Karlsruhe, Germany, and branch office in Berlin, Hong Kong and New York combine a growing number of over 85 employees. No. of Employees 85 Active Markets Worldwide Other KPI #1 Sales Volume 2015: €750m Other KPI #2 Monthly Visits: 10m Business Overview Internet marketplace for luxury watches Ownership Structure Private Total Funding $23m raised Key Investors Insight Venture Partners Website chrono24.com 22
NOAH 2016 Berlin Speaker Book Page 102 Page 104