About Axminster Carpets
Axminster Carpets is a company based in Axminster (United Kingdom) founded in 1755.. Axminster Carpets has raised $4.4 million across 1 funding round from investors including Independent Growth Finance. The company has 141 employees as of February 28, 2017. Axminster Carpets offers products and services including Carpets, Rugs, and Custom Designs. Axminster Carpets operates in a competitive market with competitors including Victoria Carpets, Penthouse Carpets, Ulster Carpets, Wilton Carpets and Brintons, among others.
- Headquarter Axminster, United Kingdom
- Employees 141 as on 28 Feb, 2017
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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 Axminster Carpets Limited
- Date of Incorporation 05 Feb, 2020
- Jurisdiction EXETER, UNITED KINGDOM
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Annual Revenue
$18.48 M (USD)0as on Dec 31, 2017
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Net Profit
$-799.33 K (USD)80as on Dec 31, 2018
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EBITDA
$-1.33 M (USD)66as on Dec 31, 2018
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Total Equity Funding
$4.4 M (USD)
in 1 rounds
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Latest Funding Round
$4.4 M (USD), Series A
Oct 02, 2018
- Investors
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Employee Count
141
as on Feb 28, 2017
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Acquired by
(Feb 19, 2020)
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Products & Services of Axminster Carpets
Axminster Carpets offers a comprehensive portfolio of products and services, including Carpets, Rugs, and Custom Designs. 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.
Woven wool carpets for residential and commercial use
Luxury rugs made from sustainable British wool
Tailored carpet solutions for specific client needs
Funding Insights of Axminster Carpets
Axminster Carpets has successfully raised a total of $4.4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.4 million completed in October 2018. 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 A — $4.4M
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First Round
First Round
(02 Oct 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2018 | Amount | Series A - Axminster Carpets | 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 Axminster Carpets
Axminster Carpets has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Independent Growth Finance. 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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Working capital loans provider
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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 Axminster Carpets
| 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 - Axminster Carpets
| 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 |
Axminster Carpets Comparisons
Competitors of Axminster Carpets
Axminster Carpets 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 Victoria Carpets, Penthouse Carpets, Ulster Carpets, Wilton Carpets and Brintons, 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 |
Carpets and rugs are produced and branded by Victoria Carpets.
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| domain | founded_year | HQ Location |
Penthouse carpets are manufactured for luxury residential spaces.
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| domain | founded_year | HQ Location |
Ulster Carpets is a leading brand specializing in high-quality carpet products for commercial and residential use.
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| domain | founded_year | HQ Location |
Carpets are distributed via an internet-first brand model.
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| domain | founded_year | HQ Location |
Carpets are manufactured for commercial and residential markets worldwide.
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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 Axminster Carpets
Frequently Asked Questions about Axminster Carpets
When was Axminster Carpets founded?
Axminster Carpets was founded in 1755 and raised its 1st funding round 263 years after it was founded.
Where is Axminster Carpets located?
Axminster Carpets is headquartered in Axminster, United Kingdom. It is registered at Axminster, England, United Kingdom.
Who is the current CEO of Axminster Carpets?
Jonathan Young is the current CEO of Axminster Carpets.
Is Axminster Carpets a funded company?
Axminster Carpets is a funded company, having raised a total of $4.4M across 1 funding round to date. The company's 1st funding round was a Series A of $4.4M, raised on Oct 02, 2018.
How many employees does Axminster Carpets have?
As of Feb 28, 2017, the latest employee count at Axminster Carpets is 141.
What is the annual revenue of Axminster Carpets?
Annual revenue of Axminster Carpets is $18.48M as on Dec 31, 2017.
What does Axminster Carpets do?
Axminster Carpets was founded in 1755 in Axminster, United Kingdom, within the textile and home furnishings sector. Operations focus on carpet manufacturing and sales, with products offered via the domain axminster-carpets.co.uk for online purchases and through physical retail stores across the region. The company is led by Jonathan Young as CEO and Managing Director, overseeing production and distribution activities.
Who are the top competitors of Axminster Carpets?
Axminster Carpets's top competitors include Victoria Carpets, Penthouse Carpets and Brintons.
What products or services does Axminster Carpets offer?
Axminster Carpets offers Carpets, Rugs, and Custom Designs.
Who are Axminster Carpets's investors?
Axminster Carpets has 1 investor. Key investors include Independent Growth Finance.