About Happy Plugs
Happy Plugs is a company based in Stockholm (Sweden) founded in 2011.. Happy Plugs has raised $6.74 million across 1 funding round from investors including Scope. Happy Plugs offers products and services including Joy Pro, Joy Lite, Adore, Play Pro, and Play Lite. Happy Plugs operates in a competitive market with competitors including THE CRAAFT LEGACY, Nudient, Lightmove Headphones and Merskal, among others.
- Headquarter Stockholm, Sweden
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Happy Plugs Ab
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Annual Revenue
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Net Profit
$301.67 K (USD)110as on Dec 31, 2023
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EBITDA
$301.67 K (USD)110as on Dec 31, 2023
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Total Equity Funding
$6.74 M (USD)
in 1 rounds
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Latest Funding Round
$6.74 M (USD), Series A
Jun 09, 2017
- Investors
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Employee Count
Employee Count
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Products & Services of Happy Plugs
Happy Plugs offers a comprehensive portfolio of products and services, including Joy Pro, Joy Lite, Adore, Play Pro, and Play Lite. 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.
Wireless in-ear headphones with active noise cancellation.
Affordable wireless in-ear headphones for everyday use.
Wireless earbuds with charging case and beauty mirror.
Over-ear headphones featuring noise cancellation and comfort.
Budget over-ear headphones with reliable connectivity.
Portable Bluetooth speaker with dust and water resistance.
Open-ear headphones for secure and comfortable listening.
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Funding Insights of Happy Plugs
Happy Plugs has successfully raised a total of $6.74M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.74 million completed in June 2017. 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 A — $6.7M
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First Round
First Round
(09 Jun 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Series A - Happy Plugs | 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 Happy Plugs
Happy Plugs has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Scope. 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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Investment services are offered by Scope to clients.
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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 Happy Plugs
| 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 - Happy Plugs
| 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 |
Happy Plugs Comparisons
Competitors of Happy Plugs
Happy Plugs 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 THE CRAAFT LEGACY, Nudient, Lightmove Headphones and Merskal, 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.
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| domain | founded_year | HQ Location |
Manages a direct-to-consumer brand offering high-quality mobile accessories.
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| domain | founded_year | HQ Location |
A direct-to-consumer brand offering high-quality mobile phone accessories for everyday use.
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| domain | founded_year | HQ Location |
Runs a direct-to-consumer brand offering wireless headphones.
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| domain | founded_year | HQ Location |
Designs and sells stylish mobile accessories and cases in Sweden.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Happy Plugs
Frequently Asked Questions about Happy Plugs
When was Happy Plugs founded?
Happy Plugs was founded in 2011 and raised its 1st funding round 6 years after it was founded.
Where is Happy Plugs located?
Happy Plugs is headquartered in Stockholm, Sweden.
Is Happy Plugs a funded company?
Happy Plugs is a funded company, having raised a total of $6.74M across 1 funding round to date. The company's 1st funding round was a Series A of $6.74M, raised on Jun 09, 2017.
What does Happy Plugs do?
Happy Plugs was founded in 2011 in Stockholm, Sweden, within the consumer electronics sector. Headphones are designed and manufactured, emphasizing varied styles and color choices to meet diverse preferences. Models such as in-ear, open-ear, and over-ear variants are produced, with some incorporating noise-cancellation features. High-quality materials and robust construction methods are utilized throughout the production process.
Who are the top competitors of Happy Plugs?
Happy Plugs's top competitors include THE CRAAFT LEGACY, Nudient and Lightmove Headphones.
What products or services does Happy Plugs offer?
Happy Plugs offers Joy Pro, Joy Lite, Adore, Play Pro, and 3 more products and services.
Who are Happy Plugs's investors?
Happy Plugs has 1 investor. Key investors include Scope.