About Arhaus
Arhaus is a company based in Cleveland (United States) founded in 1986 by Jack Reed and John Reed.. The company has 2,550 employees as of December 31, 2024. Arhaus offers products and services including Sofas, Rugs, Tables, and Outdoor Furniture. Arhaus operates in a competitive market with competitors including Tommy Bahama, Brooklinen, Dormify, HSN and Williams-Sonoma, among others.
- Headquarter Cleveland, United States
- Employees 2550 as on 31 Dec, 2024
- Founders Jack Reed, John Reed
- Stage Public
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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
*********
- Legal Name Arhaus, Inc.
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Annual Revenue
$1.27 B-1.29as on Dec 31, 2024
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Net Profit
$68.55 M-45.26as on Dec 31, 2024
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EBITDA
$161.83 M-28.73as on Dec 31, 2024
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Latest Funding Round
$30 M (USD), Debt – Conventional
Jul 21, 2020
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Investors
Freeman Spogli
& 2 more
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Employee Count
2550
as on Dec 31, 2024
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IPO & Listings of Arhaus
Arhaus is a publicly listed company on the NASDAQ with ticker symbol ARHS in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Arhaus
Arhaus offers a comprehensive portfolio of products and services, including Sofas, Rugs, Tables, and Outdoor Furniture. 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.
Comfortable seating for living rooms and outdoor use
Floor coverings in various materials and styles
Functional pieces for dining and storage needs
Durable items for exterior seating and dining
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Software Development Team
29 people
Leadership Team
23 people
Sales and Marketing
12 people
Operations Team
11 people
Senior Team
11 people
Product Management Team
7 people
General Team
6 people
Final Team
5 people
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Funding Insights of Arhaus
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $30.0M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Debt – Conventional - Arhaus | Valuation |
investors |
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| Jun, 2017 | Amount | Debt – Venture - Arhaus | Valuation |
investors |
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| Jan, 2014 | Amount | Private Equity Round - Arhaus | 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 Arhaus
Arhaus has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Freeman Spogli, Monroe Capital and Wingspire Capital. 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 debt financing is offered via specialized funds.
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Founded Year | Domain | Location | |
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North American private equity investments are managed by Freeman Spogli.
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Founded Year | Domain | Location | |
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Provides customized loans and financing to middle market firms worldwide.
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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 Arhaus
| 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 - Arhaus
| 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 |
Arhaus Comparisons
Competitors of Arhaus
Arhaus 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 Tommy Bahama, Brooklinen, Dormify, HSN and Williams-Sonoma, 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 |
Men's and women's apparel, beachwear, and home goods are retailed.
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| domain | founded_year | HQ Location |
Internet-first brand of home textiles
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| domain | founded_year | HQ Location |
Internet first brand offering home improvement products
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| domain | founded_year | HQ Location |
Multi-channel retail platform for home goods and apparel is operated.
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| domain | founded_year | HQ Location |
Williams-Sonoma, Inc. is engaged in home furnishings and decor retail.
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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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Latest news on Arhaus
Frequently Asked Questions about Arhaus
When was Arhaus founded?
Arhaus was founded in 1986 and raised its 1st funding round 28 years after it was founded.
Where is Arhaus located?
Arhaus is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
Who is the current CEO of Arhaus?
John Reed is the current CEO of Arhaus. They have also founded this company.
How many employees does Arhaus have?
As of Dec 31, 2024, the latest employee count at Arhaus is 2,550.
What is the annual revenue of Arhaus?
Annual revenue of Arhaus is $1.27B as on Dec 31, 2024.
What does Arhaus do?
Arhaus was founded in 1986 and is headquartered in Cleveland, United States. Operations focus on the home improvement sector, where a range of products such as tables, cabinets, desks, beds, rugs, and wall decor is produced. Materials like organic cotton fabrics and natural stones are utilized in manufacturing. Vintage-inspired furniture represents a key specialization, with distribution handled through the companys online domain, arhaus.com.
Who are the top competitors of Arhaus?
Arhaus's top competitors include Brooklinen, Dormify and Blu Dot.
What products or services does Arhaus offer?
Arhaus offers Sofas, Rugs, Tables, and Outdoor Furniture.
Is Arhaus publicly traded?
Yes, Arhaus is publicly traded on NASDAQ under the ticker symbol ARHS.
Who are Arhaus's investors?
Arhaus has 3 investors. Key investors include Freeman Spogli, Monroe Capital, and Wingspire Capital.
What is Arhaus's ticker symbol?
The ticker symbol of Arhaus is ARHS on NASDAQ.
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