Mater Design

Copenhagen, Denmark Founded: 2006 • Age: 20 yrs Minicorn
Sustainable design furniture is manufactured from recycled waste materials.

About Mater Design

Mater Design is a company based in Copenhagen (Denmark) founded in 2006 by Henrik Marstrand. Mater Design has raised $7.94 million across 6 funding rounds from investors including Nordic Alpha Partners and North-East Family Office. The company has 20 employees.

  • Headquarter Copenhagen, Denmark
  • Employees 20
  • Founders Henrik Marstrand
  • Stage Minicorn
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website materdesign.com
Key Metrics
  • Annual Revenue
    $726.21 K (USD)
    79381
    as on Dec 31, 2021
  • Net Profit
    -$356.83 K (USD)
    31
    as on Dec 31, 2019
  • Total Equity Funding
    $7.94M (USD)

    in 6 rounds

  • Latest Funding Round
    $1.14M (USD), Seed

    Dec 2022

  • Investors
  • Employee Count
    20

Funding Insights of Mater Design

Mater Design has successfully raised a total of $7.94M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $1.14 million completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $7.94M
  • Total Rounds 6
  • Last Round Seed β€” $1.14M
  • First Round $336,373

    (Apr 2015)

  • Investors Count 2

All 6 funding rounds of Mater Design with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2022$1.14MSeed$26.91M–
–
Feb 2022$1.54MSeed$27.57M–
–
Apr 2021$3.19MSeed$β€’β€’β€’β€’β€’Nordic Alpha Partners, North-East Venture
–
Mar 2020$756,868Seed$‒‒‒‒‒–
–
Sep 2017$974,295Seed$‒‒‒‒‒–
–
Apr 2015$336,373Seed$‒‒‒‒‒–
–
Valuation history
DateValuationStage
Dec 2022$26.91Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2022$27.57Mβ€’β€’β€’β€’β€’β€’β€’β€’
Apr 2021$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Mar 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Sep 2017$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Apr 2015$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Premium access

Full valuation and stage history of Mater Design

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

  • All valuation points
  • Stage changes
  • Dates
  • Exports

Verified entity values are shown only after access is granted.

Last known valuation $26.91M (Dec 2022). 2 investors in total: 2 institutional.

Investors in Mater Design

Mater Design has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Nordic Alpha Partners and North-East Family Office.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Nordic Alpha Partners is focused on greentech investment and scaling.
2017napartners.dkHellerup, Denmark
A family office is operated to preserve wealth across generations.
2013north-east-venture.comHellerup, Denmark
Premium access

Investor details for Mater Design

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Mater Design

1 people are tracked at Mater Design (1 in leadership); the tracked headcount is 20.

NameRoleGroup
Henrik Marstrand
Founder & CEOLeadership
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Complete people profiles for Mater Design

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Mater Design

4 dated milestones of Mater Design across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded Mater Design is founded.
  2. Funding First funding round of $336K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $1.1M.

Web traffic of Mater Design

The website of Mater Design (materdesign.com) receives about 16.6K visits a month.

  • Monthly visits
    16.6K

    ▲ 4.1% vs previous month

Similar websites

Websites whose visitors overlap most with Mater Design. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
carlhansen.com
100%
–#278,687View details
danishdesignstore.com
danishdesignstore.com
100%
–#496,195–
fritzhansen.com
100%
152.1K#225,519View details
umage.com
umage.com
99%
–#4,218,630–
pallucco.com
pallucco.com
97%
–––
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 11 similar websites and full traffic analytics for Mater Design

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 11 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Frequently Asked Questions about Mater Design

Mater Design was founded in 2006 and raised its 1st funding round 9 years after it was founded.

Mater Design is headquartered in Copenhagen, Denmark.

Henrik Marstrand is the current CEO of Mater Design. They have also founded this company.

Mater Design is a funded company, having raised a total of $7.94M across 6 funding rounds to date. The company's 1st funding round was a Seed of $336.37K, raised on Apr 2015.

Mater Design has 20 employees.

Annual revenue of Mater Design is $726.21K as on Dec 31, 2021.

Mater Design was founded in 2006 in Copenhagen, Denmark, within the sustainable furniture sector. Recycled materials, such as ocean plastics and industrial waste, are transformed into durable furniture pieces. Collaborations with designers are pursued to produce timeless items via innovative techniques. A take-back program is operated to recycle end-of-life products, advancing circular economy principles. Minimal environmental impact is prioritized in all operations.

Mater Design has 2 investors. Key investors include Nordic Alpha Partners, and North-East Family Office.

The valuation of Mater Design is $26.91M as of Dec 2022.

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