Sweden · Retail startup

Hygglo

Hygglo is a leading peer-to-peer rental platform based in Stockholm, Sweden, founded in 2016.

Funding reportedLast round: Seed

RetailStockholm, Sweden

About Hygglo

Hygglo is a leading peer-to-peer rental platform based in Stockholm, Sweden, founded in 2016.

The company promotes access over ownership, aiming to maximize item utilization and support a circular economy. With operations in Sweden, Norway, Finland, Denmark, the UK, and the US, Hygglo has expanded significantly, especially after acquiring UK competitor Fat Llama in August 2022. Hygglo allows individuals and businesses to rent out their unused personal items, such as tools, vehicles, and electronics, through a secure online platform. Users can set their rental terms and prices, while renters benefit from a wide range of items available for short-term use. The platform includes built-in insurance for all rentals, ensuring a safe experience for both parties. Hygglo serves consumers looking to earn income from their belongings and businesses seeking affordable, short-term equipment rentals.

What company datasets say Hygglo raised

Funding, as reported

Reported in all1.2Min the source's currency
Rounds2
Last roundSeed
Last round size910k
Last round dateNov 2017

Founders and team

From Hygglo's own website: 3 on the team.

  • Emma NorborgChief Financial Officer
  • Axel HellströmHead of Customer Success
  • Henrik FräsénHead of Product & Growth

The company, in detail

What they build

Known for

hyra takboxlocal rentalconsumershyra verktygconsumer goods & retailvehicle transportequipment rentalconstruction & real estatetruckutility trailerrentalinformation technology & servicescost-effective rentalhyra kamerautrustningrecreational equipmentverified users

Built with from their website

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+8 more

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Sector
Retail
Industry code
NAICS 53212, 519290
Region
Stockholm County

Retail in Sweden

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