About Aaron’s
Aaron’s is a company based in Atlanta (United States) founded in 1955 was acquired by SpeechIQ in June 2024.. The company has 10,376 employees as of December 31, 2022. Aaron’s has completed 4 acquisitions, including BrandsMartUSA, Progressive Leasing and SEI/Aaron's.
- Headquarter Atlanta, United States
- Employees 10376 as on 31 Dec, 2022
- Stage Public
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$2.14 B-5as on Dec 31, 2023
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Net Profit
$2.82 M153as on Dec 31, 2023
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EBITDA
$12.55 M593as on Dec 31, 2023
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Latest Funding Round
$2.8 M (USD), Post-IPO
Nov 12, 2019
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Investors
SpeechIQ
& 1 more
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Employee Count
10376
as on Dec 31, 2022
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Investments & Acquisitions
BrandsMartUSA
& 3 more
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Acquired by
SpeechIQ
(Jun 17, 2024)
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Sales and Marketing
25 people
Regional Team
22 people
Leadership Team
20 people
Software Development Team
20 people
Operations Team
15 people
Finance and Accounting
11 people
Data Analysis and Operations Team
9 people
General Team
8 people
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Funding Insights of Aaron’s
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $2.8M
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First Round
First Round
(01 Dec 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Post-IPO - Aaron’s | Valuation |
investors |
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| Dec, 2014 | Amount | Debt – Conventional - Aaron’s | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 Aaron’s
Aaron’s has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include SpeechIQ and Meritage Portfolio Management. 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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Provides tailored wealth management, investment strategies, and client guidance services.
|
Founded Year | Domain | Location | |
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AI speech analytics platform enhances customer engagement through call analysis.
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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
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
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 Aaron’s
Aaron’s has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include BrandsMartUSA, Progressive Leasing and SEI/Aaron's. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online asset-based loans are provided to customers.
|
1999 | ||||
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Computer and Android topics are explored through a dedicated blog.
|
1995 | ||||
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Help card services are provided in the United States.
|
1983 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Aarons
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aaron’S Comparisons
Competitors of Aaron’s
| 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 Aaron’s
When was Aaron’s founded?
Aaron’s was founded in 1955 and raised its 1st funding round 59 years after it was founded.
Where is Aaron’s located?
Aaron’s is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Who is the current CEO of Aaron’s?
Douglas Lindsay is the current CEO of Aaron’s.
How many employees does Aaron’s have?
As of Dec 31, 2022, the latest employee count at Aaron’s is 10,376.
What is the annual revenue of Aaron’s?
Annual revenue of Aaron’s is $2.14B as on Dec 31, 2023.
What does Aaron’s do?
Aarons was founded in 1955 in Atlanta, United States, and operates as a retailer in the consumer goods sector. Products including furniture, electronics, appliances, and computers are offered through lease-to-own and purchase options. The companys domain is aarons.com, and leadership is provided by CEO Douglas Lindsay. Operations are centered in the United States, with a focus on accessible retail services for household items.
How many acquisitions has Aaron’s made?
Aaron’s has made 4 acquisitions, including BrandsMartUSA, Progressive Leasing, and SEI/Aaron's.
Who are Aaron’s's investors?
Aaron’s has 2 investors. Key investors include SpeechIQ, and Meritage Portfolio Management.
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