Hobbico

United States Founded: 1995 • Age: 31 yrs Acquired By Horizon Hobby
Hobby products are distributed by Hobbico in the United States.
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About Hobbico

Hobbico is a company based in United States founded in 1995 was acquired by Horizon Hobby in June 2018.. Hobbico has completed 2 acquisitions, including Estes Industries and Revell.

  • Headquarter United States
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Horizon Hobby

    (Jun 01, 2018)

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People of Hobbico
Headcount 500-1000
Employee Profiles 10
Employee Profiles
People
Chris Slater-Vohs
VP Corporate Development
People
Russ Williamson
Product Manager
People
Tom Adamek
National Sales Manager
People
Jay Pacunas
Advertising Sales Coordinator

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Funding Insights of Hobbico

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2014 Amount Debt – Venture - Hobbico 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 Hobbico

Hobbico has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Horizon Hobby, Estes Industries and Cyprium Partners. 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
Non-control capital and strategic guidance are provided to middle-market businesses.
Founded Year Domain Location
Limited information is provided about Quantum Capital Partners.
Founded Year Domain Location
Radio-controlled vehicles and aircraft are provided by Horizon Hobby.
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 Hobbico

Hobbico has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Estes Industries and Revell. 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Model rockets and radio control flight products are manufactured.
1958
Plastic model kits, accessories, airbrushes, and toys are sold online.
1956
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 - Hobbico

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

Hobbico Comparisons

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Competitors of Hobbico

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 Hobbico

Frequently Asked Questions about Hobbico

When was Hobbico founded?

Hobbico was founded in 1995 and raised its 1st funding round 19 years after it was founded.

Where is Hobbico located?

Hobbico is headquartered in United States.

What does Hobbico do?

Hobbico was established in 1995 in the United States as a distributor in the hobby and recreational goods sector. Operations focus on supplying model kits, radio-controlled items, and related accessories to retailers and consumers. Nationwide distribution networks are utilized, with headquarters based in the Midwest region. The company handles wholesale and direct sales channels within the domestic market, though detailed financials remain limited in public records.

How many acquisitions has Hobbico made?

Hobbico has made 2 acquisitions, including Estes Industries, and Revell.

Who are Hobbico's investors?

Hobbico has 4 investors. Key investors include Horizon Hobby, Estes Industries, Cyprium Partners, and Quantum Capital Partners.

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