THE MARKETPLACE FOR TATTOOS, TATTOODO, CLOSES INVESTMENT ROUND AT $5M
Tattoodo is a Copenhagen-based startup with the aim to become a profitable marketplace for tattoos. They recently closed their investment round at DKK31M (around $4,9M).
Tattoodo was founded in 2013 by the serial entrepreneurs Mik Thobo-Carlsen and Johan Plenge. The platform covers all aspects of tattoo culture and it even lets users request tattoos. Tattoo artists can receive immediate feedback on the sketches they submit on the platform.
Tattoodo has today 20M users every month and 346K uploaded tattoos to choose between.
Second investment in one year
The investment was provided by both new and existing shareholders, including Christian Stadil, Daniel Agger, Jan Bech Andersen, Bjarke Ingels, Nikolaj Coster-Waldau and venture capital fund Nordic Eye.
In December 2016 Tattoodo closed an investment round at $8,5M to expand to the American market. The company still struggles to become profitable, with losses at DKK 17,6M ($2,8M) in 2016.