About Forman Mills
Forman Mills was established in 1977 in Pennsauken Township, United States, within the retail sector. A network of department stores is managed, where apparel, home goods, and general merchandise are sold to consumers. Operations are centered in the eastern United States, with stores providing affordable shopping options. The companys domain, formanmills.com, supports online presence alongside physical locations. Expansion has been pursued steadily since founding.
- Headquarter Pennsauken Township, United States
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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
*********
- Legal Name Forman Mills, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Goode Partners
& 1 more
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Employee Count
Employee Count
- Acquired by
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Funding Insights of Forman Mills
| 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 Forman Mills
Forman Mills has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Goode Partners and Shoppers World. 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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Buyouts are targeted through private equity investments by the firm.
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Founded Year | Domain | Location | |
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Shoppers World is engaged in retail merchandise sales.
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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 Forman Mills
| 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 - Forman Mills
| 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 |
Forman Mills Comparisons
Competitors of Forman Mills
| 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 Forman Mills
When was Forman Mills founded?
Forman Mills was founded in 1977.
Where is Forman Mills located?
Forman Mills is headquartered in Pennsauken Township, United States. It is registered at Pennsauken Township, New Jersey, United States.
What does Forman Mills do?
Forman Mills was established in 1977 in Pennsauken Township, United States, within the retail sector. A network of department stores is managed, where apparel, home goods, and general merchandise are sold to consumers. Operations are centered in the eastern United States, with stores providing affordable shopping options. The companys domain, formanmills.com, supports online presence alongside physical locations. Expansion has been pursued steadily since founding.
Who are Forman Mills's investors?
Forman Mills has 2 investors. Key investors include Goode Partners, and Shoppers World.