About Hem
Hem is a company based in Stockholm (Sweden) founded in 2014 was acquired by Vitra in February 2016.. Hem has raised $5 million across 1 funding round from investors including Vitra and Verdane. The company has 1 employees as of December 31, 2019. Hem has completed 1 acquisition, including Discipline. Hem operates in a competitive market with competitors including Svenska Hem, Asili Interiors, by Crea, Jotex and Renskalla, among others.
- Headquarter Stockholm, Sweden
- Employees 1 as on 31 Dec, 2019
-
Sectors
Consumer
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Hem
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of Hem
Hem has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in August 2018. 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 — $5.0M
-
First Round
First Round
(31 Aug 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Series A - Hem | Valuation | Verdane |
|
| 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 Hem
Hem has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Vitra and Verdane. 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 |
|---|---|---|---|---|
|
Venture capital firm and funds of fund focused on technology-enabled and sustainable companies
|
Founded Year | Domain | Location | |
|
Multi-category furniture for home and office is manufactured by Vitra.
|
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 Hem
Hem has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Discipline. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Designer furniture and home decor accessories are provided by Discipline.
|
2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Hem
| 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 |
Hem Comparisons
Competitors of Hem
Hem 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 Svenska Hem, Asili Interiors, by Crea, Jotex and Renskalla, 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 |
Provides furniture, home decor, and interior items for online and retail purchase.
|
|
| domain | founded_year | HQ Location |
Mattresses and wall hangings are offered online by Asili Interiors.
|
|
| domain | founded_year | HQ Location |
Handmade furniture design, sales, and B2B services in Sweden.
|
|
| domain | founded_year | HQ Location |
Home furnishings and decor items are manufactured by Jotex.
|
|
| domain | founded_year | HQ Location |
Private label home improvement items are offered by Renskalla.
|
| 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 Hem
Frequently Asked Questions about Hem
When was Hem founded?
Hem was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is Hem located?
Hem is headquartered in Stockholm, Sweden.
Is Hem a funded company?
Hem is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Aug 31, 2018.
How many employees does Hem have?
As of Dec 31, 2019, the latest employee count at Hem is 1.
What does Hem do?
Hem was founded in 2014 in Stockholm, Sweden, emerging as a pivot from Fab.com while retaining its prior funding, investors, and valuation. Factory-direct online sales of furniture, lighting, rugs, and related home products are managed in the home improvement sector. Designs are developed and production is handled through collaborations with European partner factories. Online tools for product customization are provided to customers. Operations are confined to the US and Europe.
Who are the top competitors of Hem?
Hem's top competitors include Renskalla, Jotex and Asili Interiors.
How many acquisitions has Hem made?
Hem has made 1 acquisition, including Discipline.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.