About Milliken & Company
Milliken & Company is a company based in Spartanburg (United States) founded in 1865 by William Deering and Seth Milliken was acquired by ClockSpring|NRI in June 2019. It operates as a Direct-to-Consumer (D2C), Professional Services, and B2B2C. Milliken & Company has completed 11 acquisitions, including Andover Healthcare, Borchers and Constantine Carpet. Milliken & Company offers products and services including Textile Solutions, Chemical Additives, Floor Coverings, Healthcare Products, and Consulting Services.
- Headquarter Spartanburg, United States
- Founders William Deering, Seth Milliken
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Milliken & Company
- Date of Incorporation 18 Jan, 2008
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$29.04 M (USD)0as on Mar 31, 2022
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Net Profit
$1.95 M (USD)0as on Mar 31, 2022
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EBITDA
$2.77 M (USD)0as on Mar 31, 2022
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Latest Funding Round
$2.02 M (USD), Grant
Sep 28, 2010
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Investors
NCO Group
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Andover Healthcare
& 10 more
- Acquired by
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Products & Services of Milliken & Company
Milliken & Company offers a comprehensive portfolio of products and services, including Textile Solutions, Chemical Additives, Floor Coverings, Healthcare Products, and Consulting Services. 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.
Innovative textile materials are developed for various industries.
Chemical additives are produced to enhance product performance.
Flooring solutions are designed for commercial and residential use.
Advanced wound care products are created for medical use.
Operational excellence consulting is provided to improve manufacturing.
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Software Development Team
65 people
Leadership Team
44 people
Sales and Marketing
37 people
Human Resources and Administration
36 people
Senior Team
28 people
Product Management Team
23 people
Finance and Accounting
20 people
Plant Team
11 people
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Funding Insights of Milliken & Company
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $2.0M
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First Round
First Round
(15 Apr 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2010 | Amount | Grant - Milliken & Company | Valuation |
investors |
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| Apr, 2009 | Amount | Grant - Milliken & Company | 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 Milliken & Company
Milliken & Company has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include NCO Group, ClockSpring|NRI and Military Health. 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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Administers health care and support for military personnel and operations.
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Founded Year | Domain | Location | |
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Pipes for construction and oil & gas industries are manufactured.
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Founded Year | Domain | Location | |
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Business process outsourcing services are provided by NCO Group.
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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 Milliken & Company
Milliken & Company has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Andover Healthcare, Borchers and Constantine Carpet. 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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Manufacturer of PVC additives, polyolefins, and engineering thermoplastics
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2001 | ||||
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Manufacturer of tile carpets and flooring material
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2000 | ||||
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Contract manufacturing of fabrics is conducted by Springfield.
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1999 |
| 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 - Milliken Company
| 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 |
Milliken & Company Comparisons
Competitors of Milliken & Company
| 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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Latest news on Milliken & Company
Frequently Asked Questions about Milliken & Company
When was Milliken & Company founded?
Milliken & Company was founded in 1865 and raised its 1st funding round 144 years after it was founded.
Where is Milliken & Company located?
Milliken & Company is headquartered in Spartanburg, United States. It is registered at Spartanburg, South Carolina, United States.
What is the annual revenue of Milliken & Company?
Annual revenue of Milliken & Company is $29.04M as on Mar 31, 2022.
What does Milliken & Company do?
Milliken Company is engaged in manufacturing across multiple sectors including textiles, chemicals, flooring, and healthcare. Innovative solutions are developed for industries such as automotive, healthcare, and construction. Sustainable products are prioritized to create a positive impact. Various markets are served with specialized materials and consulting services to enhance operational excellence. Global presence is maintained through diverse business units.
What products or services does Milliken & Company offer?
Milliken & Company offers Textile Solutions, Chemical Additives, Floor Coverings, Healthcare Products, and Consulting Services.
How many acquisitions has Milliken & Company made?
Milliken & Company has made 11 acquisitions, including Andover Healthcare, Borchers, and Constantine Carpet.
Who are Milliken & Company's investors?
Milliken & Company has 3 investors. Key investors include NCO Group, ClockSpring|NRI, and Military Health.