About 99chairs
99chairs is a company based in Berlin (Germany) founded in 2014 was acquired by Upscale Spaces in October 2018.. 99chairs operates in a competitive market with competitors including foxxbee, TheBespoke and Inteero, among others.
- Headquarter Berlin, Germany
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Sectors
Business ServicesReal Estate & Construction Consumer
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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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Investors
High-Tech Gründerfonds
& 2 more
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Employee Count
Employee Count
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Acquired by
Upscale Spaces
(Oct 31, 2018)
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Funding Insights of 99chairs
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2015 | Amount | Seed - 99chairs | Valuation |
investors |
| 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 |
Investors in 99chairs
99chairs has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include High-Tech Gründerfonds, Astutia and Upscale Spaces. 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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Early-stage investments are made in high-tech startups by HTGF.
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Founded Year | Domain | Location | |
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Astutia is focused on long-term investment strategies in alternative asset classes.
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Founded Year | Domain | Location | |
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Office interior design services are provided by Upscale Spaces.
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Founded Year | Domain | Location |
| Investor | Description | 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 99chairs
| 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 - 99chairs
| 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 |
99Chairs Comparisons
Competitors of 99chairs
99chairs 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 foxxbee, TheBespoke and Inteero, 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 |
Provides an online platform for interior design services.
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| domain | founded_year | HQ Location |
Online casino offering slots, table games, video poker, and mobile gambling services.
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| domain | founded_year | HQ Location |
Online platform providing personalized interior design advice and furniture recommendations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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 99chairs
When was 99chairs founded?
99chairs was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is 99chairs located?
99chairs is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
What does 99chairs do?
99chairs was founded in 2014 in Berlin, Germany, as an e-commerce platform focused on furniture and accessories. A curated selection of items is provided through the website, where users can browse and order products online. Operations center on facilitating direct purchases from a centralized digital interface, serving customers primarily in the European market. The platform emphasizes streamlined ordering processes for home goods.
Who are the top competitors of 99chairs?
99chairs's top competitors include foxxbee, TheBespoke and Inteero.
Who are 99chairs's investors?
99chairs has 3 investors. Key investors include High-Tech Gründerfonds, Astutia, and Upscale Spaces.