About Clippings
Clippings is a company based in London (United Kingdom) founded in 2011 was acquired by Material Bank in August 2021.. Clippings has raised $21.3 million across 2 funding rounds from investors including Conde Nast, Material Bank and C4 Ventures. The company has 25 employees as of January 31, 2022. Clippings operates in a competitive market with competitors including Wayfair, WorldStores, Houseology, Eporta and Mydeco, among others.
- Headquarter London, United Kingdom
- Employees 25 as on 31 Jan, 2022
- Stage Minicorn
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Clippings Limited
- Date of Incorporation 11 Jan, 2013
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$21.3 M (USD)
in 2 rounds
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Latest Funding Round
$20.2 M (USD), Series B
Sep 11, 2018
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Investors
Conde Nast
& 5 more
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Employee Count
25
as on Jan 31, 2022
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Acquired by
Material Bank
(Aug 01, 2021)
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Funding Insights of Clippings
Clippings has successfully raised a total of $21.3M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20.2 million completed in September 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 2
- Last Round Series B — $20.2M
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First Round
First Round
(01 Jun 2014)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Series B - Clippings | Valuation | Advance Venture Partners | |
| Jun, 2014 | Amount | Angel Round - Clippings | Valuation | David Begg |
| 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 Clippings
Clippings has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Conde Nast, Material Bank and C4 Ventures. 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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Venture capital fund focused on series A stage hardware, future work, commerce, and digital media companies
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Founded Year | Domain | Location | |
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PE firm focused on software, media & commerce based sectors
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Founded Year | Domain | Location | |
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Various print, digital, and video media brands are owned.
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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 Clippings
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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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.
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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 - Clippings
| 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 |
Clippings Comparisons
Competitors of Clippings
Clippings 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 Wayfair, WorldStores, Houseology, Eporta and Mydeco, 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 |
Multi-category home improvement products are sold online by Wayfair.
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| domain | founded_year | HQ Location |
Home and garden products are retailed online by WorldStores.
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| domain | founded_year | HQ Location |
Interior Designer retail store
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| domain | founded_year | HQ Location |
Members only marketplace for home decor & furnishing
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| domain | founded_year | HQ Location |
Online homewares ecommerce site
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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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Frequently Asked Questions about Clippings
When was Clippings founded?
Clippings was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Where is Clippings located?
Clippings is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Clippings a funded company?
Clippings is a funded company, having raised a total of $21.3M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $1.1M, raised on Jun 01, 2014.
How many employees does Clippings have?
As of Jan 31, 2022, the latest employee count at Clippings is 25.
What does Clippings do?
Clippings was established in 2011 as an online retail platform based in London, United Kingdom. Home improvement products are offered across multiple categories, including furniture, decorative items, cabinets, storage solutions, sofas, and lighting. Operations focus on e-commerce distribution to customers seeking such goods, with a catalog maintained for broad accessibility in the home sector.
Who are the top competitors of Clippings?
Clippings's top competitors include Wayfair, WorldStores and MonsterShop.
Who are Clippings's investors?
Clippings has 6 investors. Key investors include Conde Nast, Material Bank, C4 Ventures, Advance Venture Partners, and David Begg.
What is Clippings's valuation?
The valuation of Clippings is $73.32M as of Sep 2018.