About furnipart
furnipart is a company based in Hinnerup (Denmark) founded in 1977.. furnipart has raised $12.26 million across 1 funding round. The company has 39 employees as of December 31, 2021. furnipart has completed 1 acquisition, including Blue Equity. furnipart offers products and services including Handles and Knobs. furnipart operates in a competitive market with competitors including La-Z-Boy, Knoll, Bolia, Fritz Hansen and Actona Group, among others.
- Headquarter Hinnerup, Denmark
- Employees 39 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
*********
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Annual Revenue
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Net Profit
$9.37 M (USD)4as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$12.26 M (USD)
in 1 rounds
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Latest Funding Round
$12.26 M (USD), Series B
Jun 01, 2022
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Investors
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Employee Count
39
as on Dec 31, 2021
- Investments & Acquisitions
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Products & Services of furnipart
furnipart offers a comprehensive portfolio of products and services, including Handles and Knobs. 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.
Handles designed for kitchens and furniture with high-quality materials
Knobs for cabinets and drawers in various designs
Funding Insights of furnipart
furnipart has successfully raised a total of $12.26M through 1 strategic funding round. The most recent funding activity was a Series B round of $12.26 million completed in June 2022. 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 B — $12.3M
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First Round
First Round
(01 Jun 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series B - furnipart | 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 |
Investments & Acquisitions by furnipart
furnipart has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Blue Equity. 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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Blue Equity is engaged in partnership investments in Danish SMEs.
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2013 |
| 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 - furnipart
| 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 |
Furnipart Comparisons
Competitors of furnipart
furnipart 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 La-Z-Boy, Knoll, Bolia, Fritz Hansen and Actona Group, 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 |
Home furniture is manufactured and retailed by La-Z-Boy.
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| domain | founded_year | HQ Location |
Modern furniture for homes and offices is designed and manufactured.
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| domain | founded_year | HQ Location |
Brand of home furnishing products
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| domain | founded_year | HQ Location |
Home furnishings are manufactured and retailed globally.
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| domain | founded_year | HQ Location |
Actona Group is recognized as a global furniture partner.
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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 furnipart
When was furnipart founded?
furnipart was founded in 1977 and raised its 1st funding round 45 years after it was founded.
Where is furnipart located?
furnipart is headquartered in Hinnerup, Denmark.
Is furnipart a funded company?
furnipart is a funded company, having raised a total of $12.26M across 1 funding round to date. The company's 1st funding round was a Series B of $12.26M, raised on Jun 01, 2022.
How many employees does furnipart have?
As of Dec 31, 2021, the latest employee count at furnipart is 39.
What does furnipart do?
furnipart, established in 1977, excels in producing consumer products, home furnishing products, home furniture, and multi-category. Manufacturer of furniture for kitchen and bathroom. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of furnipart?
furnipart's top competitors include La-Z-Boy, Knoll and Laura Ashley.
What products or services does furnipart offer?
furnipart offers Handles and Knobs.
How many acquisitions has furnipart made?
furnipart has made 1 acquisition, including Blue Equity.
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