Qype was founded in November of 2005 and since then has gone on to become the largest user-generated local review site in Europe.
The company was founded in Hamburg, Germany by Stephan Uhrenbacher, an internet entrepreneur who was having a hard time finding a local kindergarten for his son. Reasoning that most people value personal recommendations when it comes to something like child care Stephan decided to build a community where people could relate their experiences, swap stories and give feedback on every aspect of their everyday lives.
Being a business traveller Stephan was beginning to see the advantages of having a network of trusted reviews and recommendations at your fingertips when visiting new cities.
And so Qype was born! Now, whether you need to impress your in-laws with a fancy but inexpensive restaurant; want a good local plumber right away; or maybe you’re visiting friends in another city… Qype’s international community is there to help you out.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 09/01/08 | Series B | 11M | Unknown | |
| 11/01/10 | Series B | 8.7M | Unknown |