Holsag

Orem, United States Founded: 1960 • Age: 66 yrs Acquired By MityLite
Chairs are sold online by Holsag as an internet-first brand.
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About Holsag

Holsag is a company based in Orem (United States) founded in 1960 was acquired by MityLite in January 2017.. Holsag operates in a competitive market with competitors including SIDIZ, 4Tek, Beyouchair, The Best Muskoka Chairs and Ski Lift Designs, among others.

  • Headquarter Orem, United States
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Consumer → Beauty, Personal & Household Care
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    MityLite

    (Jan 18, 2017)

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People of Holsag
Headcount 200-500
Employee Profiles 3
Employee Profiles
People
Wayne Cockburn
Director Of Sales - Mity Inc - Holsag
People
Stephen Jorgensen
VP Of Marketing And Product

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Funding Insights of Holsag

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 Holsag

Holsag has secured backing from 1 investor. Prominent investors backing the company include MityLite. 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
Investor Description Founded Year Domain Location
Office furniture including tables and chairs is manufactured by MityLite.
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 Holsag

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 - Holsag

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

Holsag Comparisons

Employees
+
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Competitors of Holsag

Holsag 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 SIDIZ, 4Tek, Beyouchair, The Best Muskoka Chairs and Ski Lift Designs, 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
Operates a direct-to-consumer brand specializing in chairs.
domain founded_year HQ Location
Operates a direct-to-consumer brand offering home furniture products.
domain founded_year HQ Location
Runs a direct-to-consumer brand for high-quality chairs.
domain founded_year HQ Location
Operates a direct-to-consumer brand specializing in high-quality wood furniture chairs.
domain founded_year HQ Location
Refurbishes and customizes vintage ski chairlifts for home and commercial environments.
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 Holsag

Holsag Welcomes Their new Managing Director
Financialpost4 years ago

Frequently Asked Questions about Holsag

When was Holsag founded?

Holsag was founded in 1960.

Where is Holsag located?

Holsag is headquartered in Orem, United States. It is registered at Orem, Utah, United States.

What does Holsag do?

Holsag was founded in 1960 and is based in Orem, United States. Operations are centered on the furniture sector, with a focus on chairs distributed through an internet-first model. Products are offered via the domain holsag.com, enabling direct online access for customers. The company maintains a presence in the e-commerce space for home furnishings, serving the United States market primarily.

Who are the top competitors of Holsag?

Holsag's top competitors include SIDIZ, 4Tek and Beyouchair.

Who are Holsag's investors?

Holsag has 1 investor. Key investors include MityLite.

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