About Connox
Connox is a company based in Hannover (Germany) founded in 2002.. Connox has raised $2.85 million across 1 funding round from investors including BeteiligungsKapital Hannover and EnjoyVenture. The company has 186 employees as of December 31, 2021. Connox offers products and services including Home Decor, Furniture, Lighting, Kitchen Gadgets, and Home Textiles. Connox operates in a competitive market with competitors including Wayfair, Monoqi, Tink, Fashion For Home and WestwingNow, among others.
- Headquarter Hannover, Germany
- Employees 186 as on 31 Dec, 2021
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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
*********
- Legal Name Connox Gmbh
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Annual Revenue
$125.02 M (USD)21as on Jul 31, 2022
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Net Profit
$-5.39 M (USD)-285as on Jul 31, 2022
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EBITDA
$-5.39 M (USD)-285as on Jul 31, 2022
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Total Equity Funding
$2.85 M (USD)
in 1 rounds
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Latest Funding Round
$2.85 M (USD), Private Equity Round
Aug 15, 2018
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Investors
BeteiligungsKapital Hannover
& 1 more
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Employee Count
186
as on Dec 31, 2021
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Products & Services of Connox
Connox offers a comprehensive portfolio of products and services, including Home Decor, Furniture, Lighting, Kitchen Gadgets, and Home Textiles. 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.
Items for table decoration and wall accents.
Seating and storage solutions for living spaces.
Lamps and fixtures for indoor and outdoor use.
Tools and appliances for cooking and baking.
Cushions, blankets, and mats for home comfort.
Funding Insights of Connox
Connox has successfully raised a total of $2.85M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $2.85 million completed in August 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 Private Equity Round — $2.8M
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First Round
First Round
(15 Aug 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Private Equity Round - Connox | Valuation | BeteiligungsKapital Hannover , EnjoyVenture |
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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 Connox
Connox has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include BeteiligungsKapital Hannover and EnjoyVenture. 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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Founded Year | Domain | Location | |
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Investments are focused on life sciences and tech in Germany.
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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 Connox
| 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 - Connox
| 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 |
Connox Comparisons
Competitors of Connox
Connox 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, Monoqi, Tink, Fashion For Home and WestwingNow, 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 improvement items are retailed online by Monoqi.
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| domain | founded_year | HQ Location |
Smart home products are retailed online by Tink.
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| domain | founded_year | HQ Location |
Designer furniture and home accessories are retailed online internationally.
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| domain | founded_year | HQ Location |
Multi-category home decor and furniture products are retailed online.
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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 Connox
When was Connox founded?
Connox was founded in 2002 and raised its 1st funding round 16 years after it was founded.
Where is Connox located?
Connox is headquartered in Hannover, Germany. It is registered at Hannover, Niedersachsen, Germany.
Is Connox a funded company?
Connox is a funded company, having raised a total of $2.85M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $2.85M, raised on Aug 15, 2018.
How many employees does Connox have?
As of Dec 31, 2021, the latest employee count at Connox is 186.
What is the annual revenue of Connox?
Annual revenue of Connox is $125.02M as on Jul 31, 2022.
What does Connox do?
Connox is an online retailer of furniture and home decor products. Its range of products includes chairs, tables, beds, home textiles, kitchenware, lighting products, etc. It sources products from brands like Vitra, Hay, Louis Poulsen, Fatboy, etc. and interior designers like Charles Ray Eames, Alvar Aalto, Verner Panto, etc. It also works with designers and manufactures products in Germany for its own brand. It provides free shipping to all locations within Germany for orders above EUR 50. As of Jan. 2017, its mobile application is available on both Android and iOS platforms.
Who are the top competitors of Connox?
Connox's top competitors include Wayfair, Tink and WestwingNow.
What products or services does Connox offer?
Connox offers Home Decor, Furniture, Lighting, Kitchen Gadgets, and Home Textiles.
Who are Connox's investors?
Connox has 2 investors. Key investors include BeteiligungsKapital Hannover, and EnjoyVenture.
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