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
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Consumer
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- Legal Name Hem
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People of Hem
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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.
Investors in Hem
Hem has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Vitra and Verdane.
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Venture capital firm and funds of fund focused on technology-enabled and sustainable companies
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Multi-category furniture for home and office is manufactured by Vitra.
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Investor details for Hem
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Investments & Acquisitions by Hem
Hem has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Discipline.
Investment portfolio details for Hem
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Designer furniture and home decor accessories are provided by Discipline.
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Complete acquisition details for Hem
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Financial Statements - Hem
Detailed financials for Hem
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Hem Comparisons
Peer comparison for Hem
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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.
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Provides furniture, home decor, and interior items for online and retail purchase.
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Mattresses and wall hangings are offered online by Asili Interiors.
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Handmade furniture design, sales, and B2B services in Sweden.
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Home furnishings and decor items are manufactured by Jotex.
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Private label home improvement items are offered by Renskalla.
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Detailed competitors of Hem
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Latest news on Hem
Complete news archive for Hem
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Frequently Asked Questions about Hem
Hem was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Hem is headquartered in Stockholm, Sweden.
Hem is a funded company, having raised a total of $5M across 1 funding round to date.
As of Dec 31, 2019, the latest employee count at Hem is 1.
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.
Hem's top competitors include Renskalla, Jotex and Asili Interiors.
Hem has made 1 acquisition, including Discipline.