About Converse
Converse is a company based in North Andover (United States) founded in 1908 was acquired by Nike in July 2003. It operates as a Direct-to-Consumer (D2C). Converse has completed 2 acquisitions, including Netonomy and PF Flyers. Converse offers products and services including Footwear.
- Headquarter North Andover, United States
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Converse, Inc
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Products & Services of Converse
Converse offers a comprehensive portfolio of products and services, including Footwear. 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.
Footwear products are designed for casual and athletic use.
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Software Development Team
295 people
Leadership Team
183 people
Creative and Marketing Team
131 people
Sales and Marketing
97 people
Product Management Team
94 people
Human Resources and Administration
42 people
Operations Team
41 people
Senior Team
29 people
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Funding Insights of Converse
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $28.5M
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First Round
First Round
(28 Sep 1998)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 1998 | Amount | Post-IPO - Converse | 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 Converse
Converse has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nike. 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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Sports and outdoor apparel is designed for women and men.
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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 Converse
Converse has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Netonomy and PF Flyers. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Home IoT-based solutions are provided for residential use.
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2017 | ||||
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Classic and contemporary footwear is designed and manufactured.
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1937 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Converse
| 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 |
Converse Comparisons
Competitors of Converse
| 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 Converse
When was Converse founded?
Converse was founded in 1908 and raised its 1st funding round 90 years after it was founded.
Where is Converse located?
Converse is headquartered in North Andover, United States. It is registered at North Andover, Massachusetts, United States.
What does Converse do?
Converse is known for the production and distribution of footwear, particularly iconic sneakers. The company operates in the consumer goods sector, focusing on apparel and accessories. Its products are sold globally through an online platform and physical retail channels, catering to a wide range of customers seeking casual and athletic styles.
What products or services does Converse offer?
Converse offers Footwear.
How many acquisitions has Converse made?
Who are Converse's investors?
Converse has 1 investor. Key investors include Nike.
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