About Folkhem
Folkhem is a company based in Solna (Sweden) founded in 1968 was acquired by Nordr in September 2023.. Folkhem offers products and services including Cederhusen, Sjöhusen, and Skogsvaktaren. Folkhem operates in a competitive market with competitors including Odevo, ALM Equity, Honka, Storsala and John Mattson, among others.
- Headquarter Solna, Sweden
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$90.34 K (USD), Grant
Jun 01, 2023
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Acquired by
Nordr
(Sep 28, 2023)
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Products & Services of Folkhem
Folkhem offers a comprehensive portfolio of products and services, including Cederhusen, Sjöhusen, and Skogsvaktaren. 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.
Sustainable wooden apartments for eco-conscious living.
Wooden homes with varying sizes in waterfront areas.
Environmentally friendly wooden residences in urban settings.
Funding Insights of Folkhem
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $90,339
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First Round
First Round
(01 Jun 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Grant - Folkhem | Valuation |
investors |
| 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 Folkhem
Folkhem has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Nordr. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Nordr is engaged in developing residential properties and urban areas in Sweden.
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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 Folkhem
| 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 - Folkhem
| 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 |
Folkhem Comparisons
Competitors of Folkhem
Folkhem 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 Odevo, ALM Equity, Honka, Storsala and John Mattson, 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 |
Residential real estate property development services are provided in Sweden.
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| domain | founded_year | HQ Location |
Residential properties are developed by ALM Equity in Sweden.
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| domain | founded_year | HQ Location |
Residential organic houses are developed by Honka in Finland.
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| domain | founded_year | HQ Location |
High-quality residential properties are acquired, managed, and developed in Sweden.
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| domain | founded_year | HQ Location |
Residential and commercial properties are managed and leased by John Mattson.
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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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Latest news on Folkhem
Frequently Asked Questions about Folkhem
When was Folkhem founded?
Folkhem was founded in 1968 and raised its 1st funding round 55 years after it was founded.
Where is Folkhem located?
Folkhem is headquartered in Solna, Sweden.
Who is the current CEO of Folkhem?
Arne Olsson is the current CEO of Folkhem.
What does Folkhem do?
Folkhem was founded in 1968 and is headquartered in Solna, Sweden. Operations focus on the construction sector, where wooden houses are built with an emphasis on sustainability. Practices are centered on innovative methods to advance environmentally responsible building techniques. The company serves the residential market primarily within Sweden, utilizing wood as the primary material for structures. Leadership is provided by CEO Arne Olsson.
Who are the top competitors of Folkhem?
Folkhem's top competitors include Honka, Storsala and ALM Equity.
What products or services does Folkhem offer?
Folkhem offers Cederhusen, Sjöhusen, and Skogsvaktaren.
Who are Folkhem's investors?
Folkhem has 2 investors. Key investors include European Union, and Nordr.
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