About Cane-line
Cane-line is a company based in Odense (Denmark) founded in 1987 by Jens- Christian Lorenzen and Brian Djernes.. Cane-line has raised $62.93 million across 3 funding rounds from investors including Langholm Capital. Cane-line offers products and services including Outdoor Chairs, Dining Tables, Sofas, and Sunbeds. Cane-line operates in a competitive market with competitors including La-Z-Boy, Knoll, Bolia, Fritz Hansen and Actona Group, among others.
- Headquarter Odense, Denmark
- Founders Jens- Christian Lorenzen, Brian Djernes
- Stage Minicorn
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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 Cane-Line A/S
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$62.93 M (USD)
in 3 rounds
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Latest Funding Round
$35.15 M (USD), Series B
Sep 30, 2013
- Investors
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Employee Count
Employee Count
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Products & Services of Cane-line
Cane-line offers a comprehensive portfolio of products and services, including Outdoor Chairs, Dining Tables, Sofas, and Sunbeds. 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.
Weatherproof chairs for outdoor seating and comfort
Tables designed for dining areas with durability
Comfortable sofas for lounging in various settings
Sunbeds for relaxation in outdoor spaces
Funding Insights of Cane-line
Cane-line has successfully raised a total of $62.93M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $35.15 million completed in September 2013. 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 3
- Last Round Series B — $35.2M
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First Round
First Round
(04 Jan 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2013 | Amount | Series B - Cane-line | Valuation |
investors |
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| Feb, 2007 | Amount | Private Equity Round - Cane-line | Valuation |
investors |
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| Jan, 2007 | Amount | Series A - Cane-line | Valuation |
investors |
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| 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 Cane-line
Cane-line has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Langholm 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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Langholm Capital was engaged in private equity investments.
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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 Cane-line
| 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 - Cane-line
| 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 |
Cane-Line Comparisons
Competitors of Cane-line
Cane-line 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, Bolia, Fritz Hansen and Actona Group, 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.
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| domain | founded_year | HQ Location |
Modern furniture for homes and offices is designed and manufactured.
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| domain | founded_year | HQ Location |
Brand of home furnishing products
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| domain | founded_year | HQ Location |
Home furnishings are manufactured and retailed globally.
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| domain | founded_year | HQ Location |
Actona Group is recognized as a global furniture partner.
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| domain | founded_year | HQ Location |
Furniture is purchased, sold, and delivered to industries globally.
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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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Frequently Asked Questions about Cane-line
When was Cane-line founded?
Cane-line was founded in 1987 and raised its 1st funding round 20 years after it was founded.
Where is Cane-line located?
Cane-line is headquartered in Odense, Denmark.
Who is the current CEO of Cane-line?
Brian Djernes is the current CEO of Cane-line. They have also founded this company.
Is Cane-line a funded company?
Cane-line is a funded company, having raised a total of $62.93M across 3 funding rounds to date. The company's 1st funding round was a Series A of $27.78M, raised on Jan 04, 2007.
What does Cane-line do?
Cane-line was founded in 1987 in Odense, Denmark, where home furniture is manufactured and sold. The product range includes chairs, tables, lounges, sunchairs, sunbeds, cushions, and accessories. Operations focus on production and distribution through organized retailers. The company operates in the furniture sector, serving residential markets with practical designs.
Who are the top competitors of Cane-line?
Cane-line's top competitors include La-Z-Boy, Knoll and Laura Ashley.
What products or services does Cane-line offer?
Cane-line offers Outdoor Chairs, Dining Tables, Sofas, and Sunbeds.
Who are Cane-line's investors?
Cane-line has 1 investor. Key investors include Langholm Capital.
What is Cane-line's valuation?
The valuation of Cane-line is $27.94M as of Feb 2007.