About Miele
Miele is a company based in Herzebrock-clarholz (Germany) founded in 1899 by Carl Miele and Reinhard Zinkann was acquired by Mindful Capital Partners in July 2024.. The company has 5 employees as of September 30, 2024. Miele has completed 5 acquisitions, including Eurofilters, Otto Wilde Grillers and SMP GmbH. Miele offers products and services including Household Appliances and Professional Appliances. Miele operates in a competitive market with competitors including WEPA, everdrop, Blaue Helden, Leifheit and SODASAN, among others.
- Headquarter Herzebrock-clarholz, Germany
- Employees 5 as on 30 Sep, 2024
- Founders Carl Miele, Reinhard Zinkann
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Sectors
Consumer
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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
$303.26 K (USD), Grant
Oct 01, 2019
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Investors
European Union
& 1 more
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Employee Count
5
as on Sep 30, 2024
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Investments & Acquisitions
Eurofilters
& 4 more
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Acquired by
Mindful Capital Partners
(Jul 02, 2024)
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Products & Services of Miele
Miele offers a comprehensive portfolio of products and services, including Household Appliances and Professional Appliances. 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.
High-quality devices for home use in kitchens and laundry
Durable appliances for business environments
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Funding Insights of Miele
- Total Funding Total Funding
- Total Rounds 9
- Last Round Grant — $303,263
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Grant - Miele | Valuation |
investors |
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| Jan, 2019 | Amount | Grant - Miele | Valuation |
investors |
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| Jan, 2018 | Amount | Grant - Miele | 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 Miele
Miele has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Mindful Capital Partners. 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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Mindful Capital Partners is engaged in private equity investments.
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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 Miele
Miele has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Eurofilters, Otto Wilde Grillers and SMP GmbH. 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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Grilling machines are manufactured by Otto Wilde Grillers in Germany.
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2015 | ||||
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Devices for the cleaning, disinfection and sterilization for lifescience and medical products.
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2013 | ||||
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Automated vertical farming kits are developed, manufactured, and marketed.
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2013 |
| 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 - Miele
| 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 |
Miele Comparisons
Competitors of Miele
Miele 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 WEPA, everdrop, Blaue Helden, Leifheit and SODASAN, 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 |
Toilet paper, tissues, soap, napkins, and cleaning rolls are manufactured.
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| domain | founded_year | HQ Location |
Manufacturer of eco-friendly household cleaning and personal care refill products
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| domain | founded_year | HQ Location |
Multi-category home care products are provided by an internet-first brand.
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| domain | founded_year | HQ Location |
Manufacturer of household products for cleaning, laundry care, kitchen, and wellbeing
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| domain | founded_year | HQ Location |
Offers sustainable detergents, soaps, and cleaners for household use.
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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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Latest news on Miele
Frequently Asked Questions about Miele
When was Miele founded?
Miele was founded in 1899 and raised its 1st funding round 115 years after it was founded.
Where is Miele located?
Miele is headquartered in Herzebrock-clarholz, Germany. It is registered at Herzebrock-clarholz, Nordrhein-westfalen, Germany.
How many employees does Miele have?
As of Sep 30, 2024, the latest employee count at Miele is 5.
What does Miele do?
Miele was established in 1899 in Herzebrock Clarholz, Germany, by co-founders Carl Miele and Reinhard Zinkann. Premium home appliances, including kitchen products, are produced by the company for global markets. Operations focus on durable consumer goods within the household sector. In India, kitchen appliances are distributed under the Miele name, emphasizing quality standards. The firm maintains its headquarters in Germany while expanding internationally.
What products or services does Miele offer?
Miele offers Household Appliances and Professional Appliances.
How many acquisitions has Miele made?
Miele has made 5 acquisitions, including Eurofilters, Otto Wilde Grillers, and SMP GmbH.
Who are Miele's investors?
Miele has 2 investors. Key investors include European Union, and Mindful Capital Partners.
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