Tattoodo, the Danish platform for tattoos, raises $8.5M for further expanding its US market.
Tattoodo, the Copenhagen, Denmark, online platform for everything-tattoo, closed a new round of $8.5M in external funding.
The investment comes mainly from existing owners, media and sports celebrities such as former football player Daniel Agger, Hummel-owner Christian Stadil, Miami Ink star Ami James, Aspiro Group CEO Andy Chen and AOL boss Jimmy Maymann.
Tattoodo aims to become a one stop shop for the tattoo industry. The site uses content and visuals, with a special focus on newbies, and provides a marketplace for tattoo artists which receive instant feedback and gigs for the drawings they submit online.
Now Tattoodo claims it is the world's largest online tattoo platform, with 15 million monthly visitors and 40 million Facebook fans. The growth came at a cost though, as the company recorded financial lossess of DKK 10.9M ($1.5M) in 2015.
Tattoodo was founded in Copenhagen in 2013 by Danish entrepreneurs Mik Thobo-Carlsen and Johan Plenge. Prior to this investment, Tattoodo raised about $5M in private money, with the latest one made on February 2016.