50,000+

EUR paid to C2B suppliers daily


10,000,000+

Books brought back to life


150,000+

Second-hand books reviewed and listed for sale weekly

Online re-commerce for used books

Sector:

Re-commerce

Main location:

Czech Republic

Investment date:

September 2024

Exit date:

Fund:

GGEF I

Website:

www.bookbot.com

Stratum contact:

Ondřej Pernica

Knihobot/Bookbot has been on a mission to change the book market by teaching readers to return used books to circulation. Founded by two brothers, it is a growing re-commerce platform specializing in the acquisition and resale of second-hand books. The company combines modern technology with a sustainable approach, enabling customers to sell and buy used books across the Czech Republic, Slovakia, Austria, and Germany, marketed primarily through its own website and online marketplaces.

Stratum entered into the company by acquiring a minority stake in 2024 in a Series A funding round where it participated with existing shareholder Miton. The two founders maintain significant stakes in the company and hold the positions of CEO and CTO.

Stratum’s investment thesis is to support Knihobot’s expansion in the DACH region, capitalizing on the rapid growth of re-commerce and the sizeable German second-hand book market.

Investment highlights

  • Successful expansion into Austria and Germany under the Bookbot brand.
  • Significant top line expansion and proven ability to operate profitably.
  • Business model supporting sustainable and responsible consumer behaviour.