About Elevenate
Elevenate is a company based in Are (Sweden) founded in 2010.. Elevenate has raised $1.98 million across 1 funding round from investors including Oscarson Invest, Saminvest and Almi Invest. Elevenate offers products and services including Canyon Pile Fleece, Brisa Shirt, and Après Cord Shorts. Elevenate operates in a competitive market with competitors including Tropicfeel, Pull&Bear, French Connection, Cortefiel and Ecoalf, among others.
- Headquarter Are, Sweden
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Sectors
Retail
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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 Elevenate Av
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.98 M (USD)
in 1 rounds
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Latest Funding Round
$1.98 M (USD), Series A
Sep 07, 2018
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Investors
Oscarson Invest
& 2 more
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Employee Count
Employee Count
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Products & Services of Elevenate
Elevenate offers a comprehensive portfolio of products and services, including Canyon Pile Fleece, Brisa Shirt, and Après Cord Shorts. 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.
Warm fleece jacket designed for outdoor activities in cold weather
Breathable shirt suitable for everyday and adventure use
Comfortable shorts for post-activity relaxation and daily wear
Funding Insights of Elevenate
Elevenate has successfully raised a total of $1.98M through 1 strategic funding round. The most recent funding activity was a Series A round of $1.98 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 1
- Last Round Series A — $2.0M
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First Round
First Round
(07 Sep 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Series A - Elevenate | Valuation | Oscarson Invest , Inlands Innovation |
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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 Elevenate
Elevenate has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Oscarson Invest, Saminvest and Almi Invest. 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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Investments are managed across Sweden by Oscarson Invest.
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Founded Year | Domain | Location | |
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A state-owned venture capital company focused on sustainable investments is operated.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by corporate-backed Almi Invest.
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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 Elevenate
| 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 - Elevenate
| 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 |
Elevenate Comparisons
Competitors of Elevenate
Elevenate 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 Tropicfeel, Pull&Bear, French Connection, Cortefiel and Ecoalf, 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 |
Tropicfeel is recognized for providing innovative travel gear solutions.
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| domain | founded_year | HQ Location |
Multi-category fashion items are offered online to young eco-conscious consumers.
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| domain | founded_year | HQ Location |
Internet first brand offering apparel wear for women and men
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| domain | founded_year | HQ Location |
Internet first brand of fashion apparel wear for men and women
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| domain | founded_year | HQ Location |
Internet first brand of casual and formal apparel wear for men and women
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| domain | founded_year | HQ Location |
Internet first brand of casual and formal wear for men and women
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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 Elevenate
When was Elevenate founded?
Elevenate was founded in 2010 and raised its 1st funding round 8 years after it was founded.
Where is Elevenate located?
Elevenate is headquartered in Are, Sweden. It is registered at Are, Jamtland, Sweden.
Is Elevenate a funded company?
Elevenate is a funded company, having raised a total of $1.98M across 1 funding round to date. The company's 1st funding round was a Series A of $1.98M, raised on Sep 07, 2018.
What does Elevenate do?
Elevenate was founded in 2010 in Are, Sweden, as an internet-first brand in the apparel sector. Clothing items such as t-shirts, pants, and jackets are provided for both men and women through an online platform. Operations focus on direct-to-consumer sales, with the product range centered on casual and functional wear. The company maintains its base in Sweden while serving a global audience via its domain.
Who are the top competitors of Elevenate?
Elevenate's top competitors include Tropicfeel, Pull&Bear and Ecoalf.
What products or services does Elevenate offer?
Elevenate offers Canyon Pile Fleece, Brisa Shirt, and Après Cord Shorts.
Who are Elevenate's investors?
Elevenate has 3 investors. Key investors include Oscarson Invest, Saminvest, and Almi Invest.