About 66°North
66°North is a company based in Gardabaer (Iceland) founded in 1926.. 66°North offers products and services including Snæfell Jacket, Tindur Shearling Jacket, and Helgafell Collection. 66°North operates in a competitive market with competitors including French Connection, Marimekko, Jonsson Workwear and The Lasting Shape, among others.
- Headquarter Gardabaer, Iceland
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Sectors
Retail
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Products & Services of 66°North
66°North offers a comprehensive portfolio of products and services, including Snæfell Jacket, Tindur Shearling Jacket, and Helgafell Collection. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Waterproof jacket for hiking, skiing, and daily outdoor use.
Insulated midlayer for extreme cold weather activities.
Functional clothing line for running and trail excursions.
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Funding Insights of 66°North
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2019 | Amount | Private Equity Round - 66°North | Valuation | Mousse Investments |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 66°North
66°North has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Mousse Investments. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm backed by Mousse Investment
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 66°North
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 66North
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
66°North Comparisons
Competitors of 66°North
66°North operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as French Connection, Marimekko, Jonsson Workwear and The Lasting Shape, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Internet first brand offering apparel wear for women and men
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Internet first brand of fashion apparel wear for men and women
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| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand offering apparel for men and women.
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| domain | founded_year | HQ Location |
Online seller of activewear including tights, sports bras, and jackets for consumers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 66°North
When was 66°North founded?
66°North was founded in 1926 and raised its 1st funding round 93 years after it was founded.
Where is 66°North located?
66°North is headquartered in Gardabaer, Iceland.
Who is the current CEO of 66°North?
Helgi Oskarsson is the current CEO of 66°North.
What does 66°North do?
66North was established in 1926 in Gardabaer, Iceland, as a brand focused on outdoor and performance wear. Running and swimming apparel for both men and women is provided through an internet-first sales model. Operations are centered in the apparel sector, with products designed for active lifestyles in cold climates. The company is led by CEO Helgi Oskarsson, and distribution occurs primarily via the domain 66north.com.
Who are the top competitors of 66°North?
66°North's top competitors include French Connection, Marimekko and Jonsson Workwear.
What products or services does 66°North offer?
66°North offers Snæfell Jacket, Tindur Shearling Jacket, and Helgafell Collection.
Who are 66°North's investors?
66°North has 1 investor. Key investors include Mousse Investments.