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Today: June 28, 2024
June 28, 2024
1 min read

Berlin’s Family Super-App Bling Secures €112M in Funding

TLDR:

  • Berlin-based super-app for families, Bling, raises €11.2 million in Series A funding led by Owl Ventures.
  • The funding will be used to solidify its market position and expand its family-friendly digital solutions.

Bling, Europe’s first Super-App for families, has successfully completed a Series A equity funding round, raising a total of €11.2 million. The funding round is led by Owl Ventures, with co-investors including Commerzbank Group’s VC, Neosfer, PEAK, and Angel Invest. The Berlin-based company aims to provide easy-to-understand, family-friendly digital solutions that help educate and simplify families’ everyday lives in areas such as savings, investments, communications, and security.

Founded in 2021, Bling’s mission is to improve the financial and media literacy of children and families through simple visualizations and educational information in the app. The company has already attracted 150,000 family members to its platform with a range of services, including pocket money solutions, easy investments for parents, and household organization features.

With this new funding, Bling plans to expand its product offerings, invest in strategic distribution partnerships, and accelerate growth. The company has now raised more than $15 million in total capital and is poised to establish itself as one of the most trusted brands for families in Europe.

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