Germany · Growth startup

Who invested in Zalando

5 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Funding summaryUpdated 26 Oct 2026

$243Mraised across 5 rounds since 2010, from 5 sources

$53MDebt$191MGrowth
Latest round
Growth, $191MNov 2013
Step-upi
3.6×
Investors
9
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

201120122013
?Series C?Round?Round$53MDebt$191MGrowth
First round
Series C
Aug 2010
Biggest round
$191M
Growth · Nov 2013
Usual gap between rounds
13 months
the median of 4

The rounds

  1. Nov 2013
    Growth$191M2 new

    From a historical funding record

  2. Oct 2012
    Debt$53M2 new

    Reported by techcrunch.com

  3. Aug 2012
    RoundAmount undisclosed2 new

    Reported by techcrunch.com

  4. Feb 2012
    RoundAmount undisclosed1 new

    Reported by finsmes.com

  5. Aug 2010

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

JP MorganInvestment bank1round
DST GlobalPrivate equity1round
KfWGovernment1round
TH Lee Putnam VenturesGrowth equity1round
Quadrant Capital AdvisorsGrowth equity1round
CommerzbankVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list Zalando as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Access Technology VenturesVC firmPer its own site
FiredropMicro VCPer its own site

Quick answers about Zalando

Who invested in Zalando?

Zalando's investors include JP Morgan, DST Global, KfW, Holtzbrinck Ventures and Ontario Teachers' Pension Plan, and 4 more on record.

How much has Zalando raised?

Zalando has raised $243M across 5 rounds since 2010. 3 rounds did not disclose an amount, so the total is a floor.

When did Zalando last raise?

Zalando's most recent round was a Growth of $191M in Nov 2013.

What was Zalando's biggest round?

Its most recent round, $191M in Nov 2013, is also its largest on record.

Who backed Zalando first?

Zalando's first round on record, in Aug 2010, was backed by Holtzbrinck Ventures and Tengelmann E-Commerce Beteiligungs.

What stage is Zalando at?

Zalando's latest named round is a Growth, in Nov 2013.

Where is Zalando based?

Zalando is based in Germany.

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