Garnius.no

Haugesund, Norway Founded: 2016 • Age: 10 yrs Acquired By Egmont
Fabrics, yarn, and knitting supplies are retailed online by Garnius.no.
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About Garnius.no

Garnius.no is a company based in Haugesund (Norway) founded in 2016 was acquired by Egmont in January 2020.. The company has 47 employees as of December 31, 2021.

  • Headquarter Haugesund, Norway
  • Employees 47 as on 31 Dec, 2021
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → Fashion & Retail Innovation
Key Metrics
  • Annual Revenue
    $27.06 M (USD)
    29
    as on Dec 31, 2021
  • Net Profit
    $823.1 K (USD)
    22
    as on Dec 31, 2021
  • EBITDA
    $948.98 K (USD)
    29
    as on Dec 31, 2021
  • Latest Funding Round
  • Investors
  • Employee Count
    47

    as on Dec 31, 2021

  • Acquired by
    Egmont

    (Jan 09, 2020)

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Funding Insights of Garnius.no

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Garnius.no

Garnius.no has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Egmont. 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.

All
Institutional
Investor Description Founded Year Domain Location
Egmont is recognized as the largest media group in the Nordics, focused on storytelling through various media formats.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Garnius.no

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Garnius.no

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Garnius.No Comparisons

Employees
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Competitors of Garnius.no

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Garnius.No

Frequently Asked Questions about Garnius.no

When was Garnius.no founded?

Garnius.no was founded in 2016.

Where is Garnius.no located?

Garnius.no is headquartered in Haugesund, Norway. It is registered at Haugesund, Rogaland, Norway.

Who is the current CEO of Garnius.no?

Raymond Ostrem Gautesen is the current CEO of Garnius.no.

How many employees does Garnius.no have?

As of Dec 31, 2021, the latest employee count at Garnius.no is 47.

What is the annual revenue of Garnius.no?

Annual revenue of Garnius.no is $27.06M as on Dec 31, 2021.

What does Garnius.no do?

Garnius.no was founded in 2016 in Haugesund, Norway, as an online retailer focused on textiles and crafting materials. Yarn, knitting kits, and related supplies are provided through its e-commerce platform. Brands including Drops, Dale Yarn, and Woolevo are featured in the product catalog. Operations are managed from Norway, with leadership held by CEO and Co-Owner Raymond Ostrem Gautesen.

Who are Garnius.no's investors?

Garnius.no has 1 investor. Key investors include Egmont.

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