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Mycs - About the company

Mycs is an acquired company based in Berlin (Germany), founded in 2014 by Kachun To and Christoph Jung. It operates as an Online customization platform for furniture. Mycs has raised $22.1M in funding from Beringea and Global Founders Capital. The company has 5 active competitors, including 1 that has exited. Its top competitors include companies like deinSchrank, Pickawood and Result Objects.

Company Details

Mycs is an online customization platform for furniture. It offers customizations for various products including dining, coffee, side tables, bookshelves, wall units, wardrobes etc. The customers can use the online tool to adjust dimensions, choose the material, color etc. It gets the products made in manufacturing facilities across Europe. The company claims to use sustainable raw materials in their manufacturing. It also offers made-to-measure services by connecting customers with interior designers. It has expanded to open offline experience stores in Berlin, Hamburg, Munich, Dusseldorf, Paris, and Zurich.
Social
XFacebook
Email ID
*****@mycs.com
Phone Number
+49 **********
Key Metrics
Founded Year
2014
Location
Berlin, Germany
Stage
Acquired
Total Funding
$22.1M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
70 as on Dec 31, 2019
Similar Companies
Exit Details
Acquired by Equivia (Jul 04, 2022)

Mycs's acquisition details

Mycs got acquired by Equivia on Jul 04, 2022. It was facilitated by Carlsquare.
Click here to take a look at Mycs's acquisition in detail
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Mycs's funding and investors

Mycs has raised a total funding of $22.1M over 2 rounds. Its first funding round was on Mar 09, 2017. Its latest funding round was a Series B round on Jun 20, 2018 for $*****. 2 investors participated in its latest round. Mycs has 10 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of Mycs:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 20, 2018
7999396
Series B
9173048
6226171
9763335
3296618
Mar 09, 2017
3473035
Series A
5095366
8250087
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Mycs' founders and board of directors

Founder? Claim Profile
The founders of Mycs are Kachun To and Christoph Jung.
Here are the details of Mycs' key team members:

Mycs' Board of Directors

Mycs's board has 2 active members. Kachun To and Christoph Jung are part of team.
Here is the list of Mycs' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
10y 4m
Team
-
Current
11y 8m

Mycs' employee count trend

Mycs has 70 employees as of Dec 19. The total employee count is 22.0% lower than what it was in Dec 18. Here is Mycs's employee count trend over the years:
Employee count trend for Mycs
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Mycs's Competitors and alternates

Top competitors of Mycs include deinSchrank, Pickawood and Result Objects. Here is the list of Top 10 competitors of Mycs, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mycs
Mycs
2014, Berlin (Germany), Acquired
Online customization platform for furniture
$22.1M
41/100
2nd
Logo for deinSchrank
deinSchrank
2010, Cologne (Germany), Unfunded
Online private label for furniture
-
-
28/100
3rd
Logo for Pickawood
Pickawood
2012, Hamburg (Germany), Unfunded
Online platform offering multi-category customized furniture
-
-
25/100
4th
Logo for Result Objects
Result Objects
Berlin (Germany), Unfunded
Retailer of modular coatracks, clothes rails, hallway furniture, and accessories
-
-
24/100
5th
Logo for Frohraum
Frohraum
2013, Berlin (Germany), Unfunded
Provider of custom-made solid wood furniture
-
-
17/100
6th
Logo for Palasts
Palasts
2020, Essingen (Germany), Deadpooled
Internet first brand offering customized furniture products
-
-
15/100
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Mycs's Investments and acquisitions

Mycs has made no investments or acquisitions yet.

Reports related to Mycs

Here is the latest report on Mycs's sector:

News related to Mycs

MYCS internationalise on NetSuiteEnterprise TimesJan 24, 2019NetSuite, Mycs
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