Hamelyn, a platform that buys used books, has closed its first round of investment, of a million euros, The Cabiedes & Partners, Itnig and Angels funds, an investment company of Juan Roig, belonging to Marina de Empresas, have attended.
The round is preceded by a rapid growth of the company, born in Madrid less than a year ago. In this period, it has exceeded 20,000 orders and already has a workforce of 15 people.
Federico Aguilar and Valentín Izquierdo They founded Hamelyn after seeing that the experience of buying online has evolved a lot in the last decade, while selling online is still too tedious, since you have to create product sheets, take photos, chat or meet physically for the delivery of the article.
“With the traditional model, a real circular economy is not created, since there is much more friction in the part of the sale than in the part of the purchase. From Hamelyn we propose a model that eliminates that friction “, says Valentín Izquierdo, co-founder of the company.
Books, first category start up
Based on this problem, the entrepreneurs decided to launch Hamelyn with an initial product category: the books. And they set to work on a model that was capable of giving instant purchase prices to the user for all the books they wanted to sell.
With the mobile, scanning the barcodes of the books, the system offers instant purchase prices so that the customer always knows the amount he is going to receive for his products. The collection is done free of charge and the customer has the money in his account in 24/48 hours.
The company’s goal is to add new categories, as they want customers to turn to Hamelyn in the future to sell any product. The capital received in the round will be used to accelerate the growth of the company, both in technology and operations.