About HipVan
HipVan is a Consumer company based in Singapore (Singapore) founded in 2013, and was acquired by Bucket Place in November 2021. Multi-category home improvement products are sold online by HipVan. HipVan has raised $4.64 million across 3 funding rounds from investors including Bucket Place, Wavemaker Partners and East Ventures. Its website hipvan.com draws about 237 thousand monthly visits. HipVan offers products and services including Sofas, Coffee Tables, Dining Tables, and Beds. Its focus areas include Retail, Home Improvements, B2C Commerce and Horizontal. Its legal entity is HipVan Pte. Ltd. Its competitors include Decqoo, iBuyforHome and The Bear Knows.
Company details
Founded in 2013, HipVan operates as an internet-first brand in the home improvement sector, based in Singapore. A range of products including mattresses, kitchenware, lighting, furniture, and decor items such as vases and wall arts is offered through its catalog. Partner brands like Levitate are also featured in its inventory, with sales conducted primarily via the hipvan.com domain.
- Headquarters Singapore, Singapore
- Stage Acquired
- SectorsConsumer
- Email••••••••
- Website hipvan.com
- Social LinkedIn X Facebook Instagram
- Acquired by Bucket Place (Nov 2021)
- Legal Name Hipvan Pte. Ltd
- Annual Revenue$10.17 M (USD)34as on Mar 31, 2021
- Net Profit$225.78 K (USD)118as on Mar 31, 2021
- Total Equity Funding$4.64M (USD)
in 3 rounds
- Latest Funding Round$3.32M (USD), Series A
May 2015
- InvestorsBucket Place
& 6 more
- Acquired byBucket Place
(Nov 2021)
Products & Services of HipVan
HipVan offers a comprehensive portfolio of products and services, including Sofas, Coffee Tables, Dining Tables, and Beds.
Stylish seating options for home living rooms.
Functional tables for decor and utility.
Durable tables for family dining spaces.
Comfortable beds for rest and sleep.
Funding Insights of HipVan
HipVan has successfully raised a total of $4.64M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.32 million completed in May 2015. 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 $4.64M
- Total Rounds 3
- Last Round Series A — $3.32M
- Investors Count 6
All 3 funding rounds of HipVan with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2015 | $3.32M | Series A | – | Golden Gate Ventures | |
| Aug 2014 | $1.32M | Seed | – | LionRock Capital, Toivo Annus | |
| Jun 2013 | Angel Round | – | – | – |
7 investors in total: 6 institutional and 1 angel.
Investors in HipVan
HipVan has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Bucket Place, Wavemaker Partners and East Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability. | east.vc | |||
Venture capital firm investing in Southeast Asian startups | goldengate.vc | Singapore, Singapore | ||
Wealth is managed by LionRock Capital as a family office. | lionrock.com | Singapore, Singapore | ||
Multiple sectors are targeted by Silicon Straits' venture capital funds. | siliconstraits.com | Ho Chi Minh City, Vietnam | ||
Investments in early-stage technology companies are made by Wavemaker Partners. | 2003 | wavemaker.vc | Los Angeles, United States | |
TA Toivo Annus | Estonian angel investor, co-founder of Skype, active in Indian startups | unknown_388eee98c88b424ea | ||
Online content-driven retailer offering multi-category home improvement products | 2014 | bucketplace.com | Seoul, South Korea |
Investor details for HipVan
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of HipVan
2 people are tracked at HipVan (2 in leadership).
| Name | Role | Group |
|---|---|---|
Kai Jian Chua | Chief Financial Officer | Leadership |
Danny Tan | Co-founder & CEO | Leadership |
Complete people profiles for HipVan
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of HipVan
4 dated milestones of HipVan across 8 years, from founding to its latest funding, stage changes and deals.
- Founded HipVan is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $3.3M.
- Exit Acquired by Bucket Place.
Competitors of HipVan
HipVan has 3 listed competitors in our database. They include Decqoo, iBuyforHome and The Bear Knows.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| decqoo.com | 2016 | Singapore | Hosts a digital marketplace for furniture designers and builders. | |||
| ibuyforhome.com | 2021 | Singapore | Operates an e-commerce store specializing in multi-category home improvement products. | |||
| thebearknows.com | 2010 | Singapore | Sells contemporary European furniture including sofas, chairs, and carpets. |
Detailed competitors of HipVan
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Web traffic of HipVan
The website of HipVan (hipvan.com) receives about 236.8K visits a month.
- Monthly visits236.8K
▲ 10.4% vs previous month
Websites whose visitors overlap most with HipVan. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fortytwo.sg | 100% | 469.2K | #83,965 | View details | |
| bedandbasics.sg | 86% | 96.4K | #374,649 | View details | |
megafurniture.sg | megafurniture.sg | 80% | #483,290 | – | |
jiji.sg | jiji.sg | 77% | #391,279 | – | |
furnituresg.com.sg | furnituresg.com.sg | 73% | #666,411 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for HipVan
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Related news about Hipvan
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Frequently Asked Questions about HipVan
HipVan was founded in 2013.
HipVan is headquartered in Singapore, Singapore.
HipVan is a funded company, having raised a total of $4.64M across 3 funding rounds to date.
Annual revenue of HipVan is $10.17M as on Mar 31, 2021.
Founded in 2013, HipVan operates as an internet-first brand in the home improvement sector, based in Singapore. A range of products including mattresses, kitchenware, lighting, furniture, and decor items such as vases and wall arts is offered through its catalog. Partner brands like Levitate are also featured in its inventory, with sales conducted primarily via the hipvan.com domain.
HipVan's top competitors include Decqoo, iBuyforHome and The Bear Knows.
HipVan offers Sofas, Coffee Tables, Dining Tables, and Beds.
HipVan has 7 investors. Key investors include Bucket Place, Wavemaker Partners, East Ventures, Golden Gate Ventures, and LionRock Capital.
HipVan operates through Hipvan Pte. Ltd.
Yes. HipVan was acquired by Bucket Place in November 2021.
The website of HipVan receives about 237 thousand visits a month.