About IKEA
IKEA is a company based in Helsingborg (Sweden) founded in 1943.. The company has 115 employees as of April 09, 2024. IKEA has completed 5 acquisitions, including 6X6, Geomagical and Habitat. IKEA offers products and services including STOCKHOLM Collection, BRÄNNBOLL Collection, and IKEA Sleep Report.
- Headquarter Helsingborg, Sweden
- Employees 115 as on 09 Apr, 2024
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Sectors
Consumer
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Email
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Phone
*********
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Website
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Social
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- Legal Name Ikea Services India Private Limited
- Date of Incorporation 15 Feb, 2012
- Jurisdiction Delhi, India
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Annual Revenue
$12.25 M (USD)30.19as on Mar 31, 2023
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Net Profit
$1.19 M (USD)38.35as on Mar 31, 2023
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EBITDA
$1.7 M (USD)23.34as on Mar 31, 2023
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Latest Funding Round
$59.61 K (USD), Grant
Mar 20, 2024
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Investors
European Union
& 1 more
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Employee Count
115
as on Apr 09, 2024
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Investments & Acquisitions
6X6
& 4 more
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Products & Services of IKEA
IKEA offers a comprehensive portfolio of products and services, including STOCKHOLM Collection, BRÄNNBOLL Collection, and IKEA Sleep Report. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Modern furniture line for stylish home setups.
Products for gaming and leisure activities.
Annual report on sleep trends and products.
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Software Development Team
184 people
Operations Team
17 people
Product Management Team
17 people
Leadership Team
16 people
Senior Team
15 people
Legal and Compliance
13 people
Finance and Accounting
9 people
Sales and Marketing
8 people
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Funding Insights of IKEA
- Total Funding Total Funding
- Total Rounds 10
- Last Round Grant — $59,610
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First Round
First Round
(05 Jan 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2024 | Amount | Grant - IKEA | Valuation |
investors |
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| Feb, 2024 | Amount | Grant - IKEA | Valuation |
investors |
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| Dec, 2023 | Amount | Grant - IKEA | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in IKEA
IKEA has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Ministerstvo Hospodárstva Slovenskej Republiky. 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 |
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by IKEA
IKEA has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include 6X6, Geomagical and Habitat. 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 |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of sharing meeting places
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2016 | ||||
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AI, software development, and cloud services are provided globally.
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2016 | ||||
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Provider of classic hit music radio broadcasting services
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - IKEA
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ikea Comparisons
Competitors of IKEA
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ikea
Frequently Asked Questions about IKEA
When was IKEA founded?
IKEA was founded in 1943 and raised its 1st funding round 74 years after it was founded.
Where is IKEA located?
IKEA is headquartered in Helsingborg, Sweden. It is registered at Helsingborg, Skane County, Sweden.
Who is the current CEO of IKEA?
Jesper Brodin is the current CEO of IKEA.
How many employees does IKEA have?
As of Apr 09, 2024, the latest employee count at IKEA is 115.
What is the annual revenue of IKEA?
Annual revenue of IKEA is $12.25M as on Mar 31, 2023.
What does IKEA do?
IKEA was founded in 1943 in Helsingborg, Sweden, and operates in the home furnishings sector. A variety of ready-to-assemble products, including furniture for kitchens, bedrooms, living rooms, offices, and outdoor spaces, as well as storage, lighting, textiles, and decorations, is produced. These items are distributed through an online platform, company-owned stores, and organized retailers across global markets.
What products or services does IKEA offer?
IKEA offers STOCKHOLM Collection, BRÄNNBOLL Collection, and IKEA Sleep Report.
How many acquisitions has IKEA made?
IKEA has made 5 acquisitions, including 6X6, Geomagical, and Habitat.
Who are IKEA's investors?
IKEA has 2 investors. Key investors include European Union, and Ministerstvo Hospodárstva Slovenskej Republiky.
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