About Furniture Medic
Furniture Medic is a company based in Memphis (United States) founded in 1992 was acquired by Eagle Merchant Partners in May 2023.. Furniture Medic offers products and services including Furniture Repair, Cabinet Transformation, Antique Restoration, and Commercial Restoration. Furniture Medic operates in a competitive market with competitors including Authority Brands, Senske Services, Arrow Exterminators, Aptera and Legacy Service Partners, among others.
- Headquarter Memphis, United States
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Sectors
Business Services
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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
- Investors
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Employee Count
Employee Count
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Acquired by
Eagle Merchant Partners
(May 05, 2023)
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Products & Services of Furniture Medic
Furniture Medic offers a comprehensive portfolio of products and services, including Furniture Repair, Cabinet Transformation, Antique Restoration, and Commercial Restoration. 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.
Repairs nicks and scratches on furniture for homeowners and businesses.
Updates cabinet appearance through refinishing and redoorning options.
Restores heirloom antiques with expert techniques and care.
Provides maintenance and repair for commercial furniture needs.
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Software Development Team
74 people
Sales and Marketing
37 people
Operations Team
36 people
Leadership Team
35 people
Finance and Accounting
27 people
Group Team
9 people
Procurement Team
6 people
Regional Team
6 people
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Funding Insights of Furniture Medic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Furniture Medic
Furniture Medic has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Eagle Merchant Partners. 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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Private equity investments are managed from Atlanta, United States.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Furniture Medic
| 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 - Furniture Medic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Furniture Medic Comparisons
Competitors of Furniture Medic
Furniture Medic 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 Authority Brands, Senske Services, Arrow Exterminators, Aptera and Legacy Service Partners, 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 |
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Authority Brands was founded in 2017 in Columbia, United States.
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Provider of commercial & residential lawn care, pest control, and grounds maintenance services
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Arrow Exterminators is engaged in pest and termite control services.
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Aptera is operated as a platform connecting service providers with customers for home and office solutions.
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Residential HVAC, plumbing, and electrical services are provided.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Furniture Medic
Frequently Asked Questions about Furniture Medic
When was Furniture Medic founded?
Furniture Medic was founded in 1992.
Where is Furniture Medic located?
Furniture Medic is headquartered in Memphis, United States. It is registered at Memphis, Tennessee, United States.
What does Furniture Medic do?
Furniture Medic was established in 1992 in Memphis, United States, within the home services sector. Repairs and restoration for furniture and cabinets are handled through specialized operations. The company is owned by Jason Klassen, Luis Kobayashi, and Mark Lambert. Services are delivered locally, addressing damage and wear in household items across the region.
Who are the top competitors of Furniture Medic?
Furniture Medic's top competitors include Senske Services, Aptera and Legacy Service Partners.
What products or services does Furniture Medic offer?
Furniture Medic offers Furniture Repair, Cabinet Transformation, Antique Restoration, and Commercial Restoration.
Who are Furniture Medic's investors?
Furniture Medic has 1 investor. Key investors include Eagle Merchant Partners.