About American Leather
American Leather is a company based in Dallas (United States) founded in 1990 by Bob Duncan was acquired by Heartwood Partners in July 2012.. American Leather has raised $47.6 million across 1 funding round from investors including Heartwood Partners. American Leather has completed 2 acquisitions, including Brookline Furniture and Lee Industries. American Leather offers products and services including Comfort Sleeper, Accent Chairs, Recliners, and Sofas and Sectionals. American Leather operates in a competitive market with competitors including La-Z-Boy, Arhaus, Lalo, Tommy Bahama and Lovesac, among others.
- Headquarter Dallas, United States
- Founders Bob Duncan
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Sectors
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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- Legal Name American Leather Operations, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$47.6 M (USD)
in 1 rounds
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Latest Funding Round
$47.6 M (USD), Series C
Jul 24, 2012
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Brookline Furniture
& 1 more
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Acquired by
Heartwood Partners
(Jul 01, 2012)
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Products & Services of American Leather
American Leather offers a comprehensive portfolio of products and services, including Comfort Sleeper, Accent Chairs, Recliners, and Sofas and Sectionals. 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.
Convertible sofa providing comfortable bedding options.
Stylish seating for home decor and functionality.
Adjustable chairs offering relaxation and support.
Versatile seating solutions for living spaces.
Unlock access to complete
Funding Insights of American Leather
American Leather has successfully raised a total of $47.6M through 1 strategic funding round. The most recent funding activity was a Series C round of $47.6 million completed in July 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series C — $47.6M
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First Round
First Round
(24 Jul 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2012 | Amount | Series C - American Leather | Valuation |
investors |
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| 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 American Leather
American Leather has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Heartwood Partners. 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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Acquisitions are targeted by this private equity firm in investments.
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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 American Leather
American Leather has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Brookline Furniture and Lee Industries. 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 |
|---|---|---|---|---|---|
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Multi-category home furniture products are provided by Brookline Furniture.
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1999 | ||||
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Custom and premium home furnishings are manufactured and retailed.
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1969 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - American Leather
| 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 |
American Leather Comparisons
Competitors of American Leather
American Leather 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 La-Z-Boy, Arhaus, Lalo, Tommy Bahama and Lovesac, 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 |
Home furniture is manufactured and retailed by La-Z-Boy.
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| domain | founded_year | HQ Location |
Home improvement products including furniture and decor are manufactured.
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| domain | founded_year | HQ Location |
Baby and toddler products are designed and sold by Lalo.
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| domain | founded_year | HQ Location |
Men's and women's apparel, beachwear, and home goods are retailed.
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| domain | founded_year | HQ Location |
Modular home furniture is manufactured and distributed by Lovesac.
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| domain | founded_year | HQ Location |
Internet-first brand of home textiles
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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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| 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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Latest news on American Leather
Frequently Asked Questions about American Leather
When was American Leather founded?
American Leather was founded in 1990 and raised its 1st funding round 22 years after it was founded.
Where is American Leather located?
American Leather is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of American Leather?
Phil Milazzo is the current CEO of American Leather.
Is American Leather a funded company?
American Leather is a funded company, having raised a total of $47.6M across 1 funding round to date. The company's 1st funding round was a Series C of $47.6M, raised on Jul 24, 2012.
What does American Leather do?
American Leather was founded in 1990 and operates in the home furnishings sector. Custom upholstered furniture is produced entirely in-house at a facility in Dallas, United States. The just-in-time manufacturing methodology is applied to streamline production processes. Operations focus on bespoke designs for residential applications, with all components sourced and assembled domestically to meet varied customer specifications.
Who are the top competitors of American Leather?
American Leather's top competitors include Arhaus, La-Z-Boy and Brooklinen.
What products or services does American Leather offer?
American Leather offers Comfort Sleeper, Accent Chairs, Recliners, and Sofas and Sectionals.
How many acquisitions has American Leather made?
American Leather has made 2 acquisitions, including Brookline Furniture, and Lee Industries.
Who are American Leather's investors?
American Leather has 1 investor. Key investors include Heartwood Partners.