About Balticsofa
Balticsofa is a company based in Vilnius (Lithuania) founded in 1889. It operates as a B2C, and B2B. The company has 18 employees as of December 31, 2023. Balticsofa offers products and services including Sofas, Sleepers, Lounge Chairs, Poufs, and Outdoor Furniture. Balticsofa operates in a competitive market with competitors including La-Z-Boy, Knoll, Vilniaus Baldai, Tulikivi and Laura Ashley, among others.
- Headquarter Vilnius, Lithuania
- Employees 18 as on 31 Dec, 2023
-
Sectors
Consumer
-
Phone
*********
-
Website
*********
- Legal Name Balticsofa
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
-
Employee Count
18
as on Dec 31, 2023
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Balticsofa
Balticsofa offers a comprehensive portfolio of products and services, including Sofas, Sleepers, Lounge Chairs, Poufs, 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.
Versatile seating options for various home styles and spaces
Convertible pieces for daytime seating and nighttime bedding
Comfortable chairs designed for relaxation and home decor
Multi-functional items used as footrests or extra seating
Durable designs for outdoor living and sensory appeal
Funding Insights of Balticsofa
| 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 |
Investments & Acquisitions by Balticsofa
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Balticsofa
| 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 |
Balticsofa Comparisons
Competitors of Balticsofa
Balticsofa 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, Knoll, Vilniaus Baldai, Tulikivi and Laura Ashley, 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.
|
|
| domain | founded_year | HQ Location |
Modern furniture for homes and offices is designed and manufactured.
|
|
| domain | founded_year | HQ Location |
Furniture production company
|
|
| domain | founded_year | HQ Location |
Fireplaces and heaters are produced as Tulikivi's private label brand.
|
|
| domain | founded_year | HQ Location |
Home goods are retailed online and through international stores.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Balticsofa
When was Balticsofa founded?
Balticsofa was founded in 1889.
Where is Balticsofa located?
Balticsofa is headquartered in Vilnius, Lithuania.
How many employees does Balticsofa have?
As of Dec 31, 2023, the latest employee count at Balticsofa is 18.
What does Balticsofa do?
Balticsofa, a Danish-owned company, develops and produces a wide range of upholstered furniture from classic to modern styles. They emphasize craftsmanship, sustainability, and custom private label services for commercial projects. Based in the Baltic region, they offer products like sofas, sleepers, and lounge chairs, catering to residential and business clients seeking comfort and quality.
Who are the top competitors of Balticsofa?
What products or services does Balticsofa offer?
Balticsofa offers Sofas, Sleepers, Lounge Chairs, Poufs, and Outdoor Furniture.