About Letterfolk
Letterfolk is a company based in New York (United States) founded in 2015 was acquired by Pattern Brands in October 2021.. Letterfolk offers products and services including Tile Mat, Passports, and Clocks. Letterfolk operates in a competitive market with competitors including Quince, Public Goods, MOHOP, Bella Dona and Martha, among others.
- Headquarter New York, United States
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Sectors
Retail
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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
Pattern Brands
(Oct 06, 2021)
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Products & Services of Letterfolk
Letterfolk offers a comprehensive portfolio of products and services, including Tile Mat, Passports, and Clocks. 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.
Customizable mat for arranging tiles to match personal styles.
Documents journeys and hobbies with creative, changeable designs.
Modern timepieces for functional and aesthetic home use.
Funding Insights of Letterfolk
| 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 Letterfolk
Letterfolk has secured backing from 1 investor. Prominent investors backing the company include Pattern Brands. 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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Multi-category home improvement products are offered online by Pattern Brands.
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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 Letterfolk
| 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 - Letterfolk
| 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 |
Letterfolk Comparisons
Competitors of Letterfolk
Letterfolk 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 Quince, Public Goods, MOHOP, Bella Dona and Martha, 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 |
Multi-category fashion products are offered online for men and women.
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| domain | founded_year | HQ Location |
Multi-category eco-friendly products are offered through an online platform.
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| domain | founded_year | HQ Location |
Eco-friendly multi-category products are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Online retailer of fashion apparel, accessories, and home decor items.
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| domain | founded_year | HQ Location |
Provides cookware, home goods, and gardening books via e-commerce platforms.
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| domain | founded_year | HQ Location |
Internet first brand offering multi-category products
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Letterfolk
When was Letterfolk founded?
Letterfolk was founded in 2015.
Where is Letterfolk located?
Letterfolk is headquartered in New York, United States. It is registered at New York, New York, United States.
What does Letterfolk do?
Letterfolk was founded in 2015 in New York, United States, as an internet-first brand. Operations focus on e-commerce within the home goods and stationery sector. A range of products is provided, including tile mats, wall decor, plants, paper goods, letter boards, books, stationery, and desks. The company is co-owned by Joanna Galbraith, with distribution handled primarily online.
Who are the top competitors of Letterfolk?
Letterfolk's top competitors include Quince, Public Goods and MOHOP.
What products or services does Letterfolk offer?
Letterfolk offers Tile Mat, Passports, and Clocks.
Who are Letterfolk's investors?
Letterfolk has 1 investor. Key investors include Pattern Brands.