About Nordic Nest
Nordic Nest is a company based in Kalmar (Sweden) founded in 2002. It operates as a Direct-to-Consumer (D2C). Nordic Nest has completed 1 acquisition, including KitchenTime. Nordic Nest offers products and services including Home Decor, Furniture, and Lighting.
- Headquarter Kalmar, Sweden
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Sectors
Consumer
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Website
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Annual Revenue
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- Investments & Acquisitions
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Products & Services of Nordic Nest
Nordic Nest offers a comprehensive portfolio of products and services, including Home Decor, Furniture, and Lighting. 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.
Products for decorating various rooms are offered here.
Durable furniture for all home spaces is provided.
Lighting solutions for different settings are sold online.
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Funding Insights of Nordic Nest
| 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 |
Investments & Acquisitions by Nordic Nest
Nordic Nest has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include KitchenTime. 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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Home improvement products are retailed online by KitchenTime.
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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 - Nordic Nest
| 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 |
Nordic Nest Comparisons
Competitors of Nordic Nest
| 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 Nordic Nest
When was Nordic Nest founded?
Nordic Nest was founded in 2002.
Where is Nordic Nest located?
Nordic Nest is headquartered in Kalmar, Sweden.
What does Nordic Nest do?
Nordic Nest, previously known as Designonline, is focused on the online sale of Scandinavian-inspired home decor, furniture, and design products. The company operates in the retail sector, offering a wide range of items including lighting, textiles, and kitchenware for various home settings. Solutions are provided for all rooms and occasions, featuring products from well-known brands like Louis Poulsen and Marimekko. Based in Kalmar, Sweden, the company is dedicated to sharing the tradition of Scandinavian design through an extensive assortment of both local and international brands.
What products or services does Nordic Nest offer?
Nordic Nest offers Home Decor, Furniture, and Lighting.
How many acquisitions has Nordic Nest made?
Nordic Nest has made 1 acquisition, including KitchenTime.