About Lee Industries
Lee Industries is a company based in Conover (United States) founded in 1969 was acquired by American Leather in September 2016.. Lee Industries offers products and services including Sofas, Chairs, Sectionals, and Outdoor Furniture. Lee Industries operates in a competitive market with competitors including Bassett Furniture, BoConcept, Jonathan Adler, Joybird and Wood Specialties, among others.
- Headquarter Conover, United States
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
American Leather
(Sep 28, 2016)
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Products & Services of Lee Industries
Lee Industries offers a comprehensive portfolio of products and services, including Sofas, Chairs, Sectionals, and Outdoor Furniture. 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.
Upholstered seating for living rooms and relaxation
Various styles of seating for home use
Modular pieces for customizable living spaces
Weather-resistant items for exterior settings
Funding Insights of Lee Industries
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Lee Industries
Lee Industries has secured backing from 1 investor. Prominent investors backing the company include American Leather. 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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Custom upholstered furniture is manufactured in-house using just-in-time methods.
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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 Lee Industries
| 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 |
Financial Statements - Lee Industries
| 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 |
Lee Industries Comparisons
Competitors of Lee Industries
Lee Industries 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 Bassett Furniture, BoConcept, Jonathan Adler, Joybird and Wood Specialties, 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 |
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| domain | founded_year | HQ Location |
Home furnishings are manufactured and retailed for various living spaces.
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| domain | founded_year | HQ Location |
Custom home and office furniture is provided by BoConcept.
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| domain | founded_year | HQ Location |
Custom home furnishings are designed and retailed by Jonathan Adler.
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| domain | founded_year | HQ Location |
Premium customized furniture is manufactured and sold online by Joybird.
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| domain | founded_year | HQ Location |
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| domain | founded_year | HQ Location |
Furniture products are manufactured and marketed by Pride Family Brands.
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| 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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Frequently Asked Questions about Lee Industries
When was Lee Industries founded?
Lee Industries was founded in 1969.
Where is Lee Industries located?
Lee Industries is headquartered in Conover, United States. It is registered at Conover, North Carolina, United States.
What does Lee Industries do?
Lee Industries was founded in 1969 and is based in Conover, United States. Operations focus on the home furnishings sector, where custom and premium products are produced across categories including living room, bedroom, bathroom, outdoor, dining, kitchen, textile, decor, and office furniture. Distribution occurs exclusively through retail partners in the United States and Canada.
Who are the top competitors of Lee Industries?
Lee Industries's top competitors include BoConcept, Jonathan Adler and Bassett Furniture.
What products or services does Lee Industries offer?
Lee Industries offers Sofas, Chairs, Sectionals, and Outdoor Furniture.
Who are Lee Industries's investors?
Lee Industries has 1 investor. Key investors include American Leather.