Hayneedle

Omaha, United States Founded: 2002 • Age: 24 yrs Acquired By Walmart
Multi-category home improvement products are retailed online by Hayneedle.
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About Hayneedle

Hayneedle is a company based in Omaha (United States) founded in 2002 was acquired by Walmart in February 2016. It operates as a Direct-to-Consumer (D2C). Hayneedle has raised $57 million across 3 funding rounds from investors including Walmart, TriplePoint Capital and Sequoia Capital. Hayneedle offers products and services including Furniture and Outdoor Heating. Hayneedle operates in a competitive market with competitors including Bed Bath & Beyond, Wayfair, Homee, Overstock and Joss & Main, among others.

  • Headquarter Omaha, United States
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Consumer → Beauty, Personal & Household Care
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $57 M (USD)

    in 3 rounds

  • Latest Funding Round
    $35 M (USD), Series B

    Apr 01, 2014

  • Investors
    Walmart

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    Walmart

    (Feb 26, 2016)

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Products & Services of Hayneedle

Hayneedle offers a comprehensive portfolio of products and services, including Furniture and Outdoor Heating. 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.

Primary

Furniture for indoor and outdoor spaces is offered.

Outdoor heating solutions like fire pits are provided.

People of Hayneedle
Headcount 500-1000
Employee Profiles 9
Employee Profiles
People
Danny Lamb
Operations Manager
People
Jena Seffron
Operations Supervisor Business & Premier Sales
People
Kim Winters
Business Sales and Service Representative
People
Heather Lents (Wolf)
Site Merchandising Manager

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Funding Insights of Hayneedle

Hayneedle has successfully raised a total of $57M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $35 million completed in April 2014. 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 Rounds 3
  • Last Round Series B — $35.0M
  • First Round

    (01 Jan 2003)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2014 Amount Series B - Hayneedle Valuation

investors

Jun, 2006 Amount Series B - Hayneedle Valuation

investors

Jan, 2003 Amount Series A - Hayneedle Valuation

investors

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 Hayneedle

Hayneedle has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Walmart, TriplePoint Capital and Sequoia Capital. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture finance services, including debt and equity, are provided to capital-backed companies globally.
Founded Year Domain Location
Sequoia Capital is engaged in venture capital investments.
Founded Year Domain Location
Investment firm scaling software and technology companies from early to late stages.
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 Hayneedle

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 - Hayneedle

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

Hayneedle Comparisons

Employees
+
Add Comparison
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Competitors of Hayneedle

Hayneedle 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 Bed Bath & Beyond, Wayfair, Homee, Overstock and Joss & Main, 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 essentials including furniture and bedding are retailed online.
domain founded_year HQ Location
Multi-category home improvement products are sold online by Wayfair.
domain founded_year HQ Location
On-demand home service professionals are booked via an online marketplace.
domain founded_year HQ Location
Multi-category products are offered through an online marketplace.
domain founded_year HQ Location
Home improvement products are retailed online through Joss & Main.
domain founded_year HQ Location
Online Home Furnishings Retailer
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 Hayneedle

Frequently Asked Questions about Hayneedle

When was Hayneedle founded?

Hayneedle was founded in 2002 and raised its 1st funding round 1 year after it was founded.

Where is Hayneedle located?

Hayneedle is headquartered in Omaha, United States. It is registered at Omaha, Nebraska, United States.

Is Hayneedle a funded company?

Hayneedle is a funded company, having raised a total of $57M across 3 funding rounds to date. The company's 1st funding round was a Series A of $22M, raised on Jan 01, 2003.

What does Hayneedle do?

Hayneedle is involved in the online retail of home and garden products. A wide range of furniture for indoor and outdoor spaces is offered, including beds, chairs, tables, and patio sets. Solutions for various rooms such as bedrooms, kitchens, and living rooms are provided. The company operates within the e-commerce sector, focusing on delivering stylish and functional pieces to customers.

Who are the top competitors of Hayneedle?

Hayneedle's top competitors include Wayfair, Bed Bath & Beyond and Homee.

What products or services does Hayneedle offer?

Hayneedle offers Furniture and Outdoor Heating.

Who are Hayneedle's investors?

Hayneedle has 4 investors. Key investors include Walmart, TriplePoint Capital, Sequoia Capital, and Insight Partners.

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