About BoConcept
BoConcept is a company based in Herning (Denmark) founded in 1952 by Dominique Roberge and Arne Kristiansen was acquired by 3i Group in July 2016.. BoConcept has raised $2.49 million across 4 funding rounds from investors including 3i Group, IFU and Mitiska. BoConcept offers products and services including Sofas, Chairs, Tables, and Accessories. BoConcept operates in a competitive market with competitors including Bassett Furniture, Jonathan Adler, Joybird, Wood Specialties and Barclay Butera Interiors, among others.
- Headquarter Herning, Denmark
- Founders Dominique Roberge, Arne Kristiansen
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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 Boconcept A/S
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Products & Services of BoConcept
BoConcept offers a comprehensive portfolio of products and services, including Sofas, Chairs, Tables, and Accessories. 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 relaxation
Versatile seating options for various home spaces
Functional surfaces for dining and work areas
Decorative items to enhance interior aesthetics
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Funding Insights of BoConcept
BoConcept has successfully raised a total of $2.49M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $595.5 thousand completed in June 2016. 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 4
- Last Round Debt – Conventional — $595,504
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2016 | Amount | Debt – Conventional - BoConcept | Valuation |
investors |
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| Jun, 2014 | Amount | Debt – Conventional - BoConcept | Valuation |
investors |
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| Jun, 2014 | Amount | Private Equity Round - BoConcept | Valuation | IFU |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 BoConcept
BoConcept has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include 3i Group, IFU and Mitiska. 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 equity investment firm
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Founded Year | Domain | Location | |
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Mitiska is engaged in private equity, real estate, and asset management.
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Founded Year | Domain | Location | |
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Private equity firm focused on mid-market businesses
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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 BoConcept
| 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 - BoConcept
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Boconcept Comparisons
Competitors of BoConcept
BoConcept 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 Bassett Furniture, Jonathan Adler, Joybird, Wood Specialties and Barclay Butera Interiors, 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 |
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| domain | founded_year | HQ Location |
Home furnishings are manufactured and retailed for various living spaces.
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| domain | founded_year | HQ Location |
Custom home furnishings are designed and retailed by Jonathan Adler.
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| domain | founded_year | HQ Location |
Premium customized furniture is manufactured and sold online by Joybird.
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| domain | founded_year | HQ Location |
Luxury interior design firm specializing in elegant home transformations and partnerships.
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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 Boconcept
Frequently Asked Questions about BoConcept
When was BoConcept founded?
BoConcept was founded in 1952 and raised its 1st funding round 56 years after it was founded.
Where is BoConcept located?
BoConcept is headquartered in Herning, Denmark.
Is BoConcept a funded company?
BoConcept is a funded company, having raised a total of $2.49M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $799.04K, raised on Jun 01, 2008.
What does BoConcept do?
BoConcept was founded in 1952 in Herning, Denmark, as a brand specializing in custom furniture for homes and offices. Products such as sofas, chairs, tables, beds, ottomans, barstools, conference tables, coffee tables, bookcases, sideboards, TV units, and daybeds are offered. Operations focus on retail store sales within the furniture sector, with co-founders Dominique Roberge and Arne Kristiansen establishing the company.
Who are the top competitors of BoConcept?
BoConcept's top competitors include Jonathan Adler, Bassett Furniture and Joybird.
What products or services does BoConcept offer?
BoConcept offers Sofas, Chairs, Tables, and Accessories.
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