About Article
Article is a company based in Vancouver (Canada) founded in 2011 was acquired by Rowley Company in June 2013.. Article has raised $1.2 million across 2 funding rounds from investors including Rowley Company, Rhino Ventures and Signia Venture Partners. Article has completed 1 acquisition, including Deal Décor. Article offers products and services including Timber Sofa, Nosh Dining Chair, and Lenia Bed. Article operates in a competitive market with competitors including Sleep Factory, Teodor Vanities, Konto Furniture, Department of Artisans and SOCCO Designs, among others.
- Headquarter Vancouver, Canada
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.2 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Rowley Company
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Rowley Company
(Jun 01, 2013)
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Products & Services of Article
Article offers a comprehensive portfolio of products and services, including Timber Sofa, Nosh Dining Chair, and Lenia Bed. 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.
Leather sofa designed for comfortable home seating
Chair for everyday dining room use
Panel bed providing modern sleeping solutions
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Funding Insights of Article
Article has successfully raised a total of $1.2M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(23 Aug 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2016 | Amount | Seed - Article | Valuation |
investors |
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| Aug, 2013 | Amount | Seed - Article | 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 Article
Article has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Rowley Company, Rhino Ventures and Signia Venture 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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Early-stage venture capital funding is provided by Rhino Ventures.
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Founded Year | Domain | Location | |
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Early stage VC firm investing in the US
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Founded Year | Domain | Location | |
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Home decor products are manufactured and distributed by Rowley Company.
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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 Article
Article has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Deal Décor. 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.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online retailer offering group buying for home products
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2011 |
| 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 - Article
| 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 |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Article Comparisons
Competitors of Article
Article 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 Sleep Factory, Teodor Vanities, Konto Furniture, Department of Artisans and SOCCO Designs, 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 |
Offers mattresses, bedding, and furniture through online and retail stores.
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| domain | founded_year | HQ Location |
Produces and sells durable bathroom vanities with various styles online.
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| domain | founded_year | HQ Location |
Sells modern furniture, home decor, and accessories through stores and online.
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| domain | founded_year | HQ Location |
Runs a direct-to-consumer brand specializing in handmade home improvement products.
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| domain | founded_year | HQ Location |
Specializes in Moroccan handmade treasures for modern home decor.
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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 Article
Frequently Asked Questions about Article
When was Article founded?
Article was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Article located?
Article is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Is Article a funded company?
Article is a funded company, having raised a total of $1.2M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.2M, raised on Aug 23, 2013.
What does Article do?
Article was founded in 2011 in Vancouver, Canada, as a direct-to-consumer brand in the furniture sector. Middlemen are bypassed by linking renowned designers and manufacturers directly to customers. Minimal inventory is maintained, with orders grouped every 7-10 days to eliminate warehousing needs. The company was previously named Bryght and included in the C100 list of emerging Canadian firms. Operations focus on efficient supply chain management for global reach.
Who are the top competitors of Article?
Article's top competitors include Sleep Factory, Teodor Vanities and Konto Furniture.
What products or services does Article offer?
Article offers Timber Sofa, Nosh Dining Chair, and Lenia Bed.
How many acquisitions has Article made?
Article has made 1 acquisition, including Deal Décor.
Who are Article's investors?
Article has 3 investors. Key investors include Rowley Company, Rhino Ventures, and Signia Venture Partners.
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