NorthCape

Romeoville, United States Founded: 2014 • Age: 12 yrs Acquired By Group Bayport
Furniture products are retailed by NorthCape in the United States.

About NorthCape

NorthCape is a Retail company based in Romeoville (United States) founded in 2014, and was acquired by Group Bayport in October 2024. Furniture products are retailed by NorthCape in the United States. NorthCape has raised $10 million across 1 funding round from investors including Gerber Finance and Group Bayport. NorthCape offers products and services including Outdoor Furniture and Umbrellas and Fire Tables. Its focus areas include Consumer Goods and Retailers. Its legal entity is NorthCape, Inc.

Company details

NorthCape was established in 2014 and is based in Romeoville, United States. Operations are centered on the retail sector, where furniture products are distributed through the domain northcape.com. A variety of furniture items is provided to customers, with focus placed on domestic markets in the region. The companys activities encompass standard retail practices without specified international expansion.

  • Headquarters Romeoville, United States
  • Stage Acquired
  • Sectors
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website northcape.com
  • Social X Facebook
  • Acquired by Group Bayport (Oct 2024)
  • Legal Name Northcape, Inc
Operational Areas
Key Metrics
  • Annual Revenue
    $4.11 K (USD)
    -10
    as on Jul 31, 2023
  • Net Profit
    -$1.26 K (USD)
    -66
    as on Jul 31, 2023
  • Total Equity Funding
    $10M (USD)

    in 1 rounds

  • Latest Funding Round
    $10M (USD), Series A

    Sep 2021

  • Investors
  • Acquired by
    Group Bayport

    (Oct 2024)

Products & Services of NorthCape

NorthCape offers a comprehensive portfolio of products and services, including Outdoor Furniture and Umbrellas and Fire Tables.

Outdoor Furniture
Home Furnishings

Outdoor furniture collections are manufactured and supplied by NorthCape using materials like woven and teak for various uses.

Umbrellas and Fire Tables
Outdoor Accessories

Accessories such as umbrellas and fire tables are offered by NorthCape to complement furniture lines.

Funding Insights of NorthCape

NorthCape has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in September 2021. 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 $10M
  • Total Rounds 1
  • Last Round Series A β€” $10M
  • First Round $10M

    (Sep 2021)

  • Investors Count 1

All 1 funding rounds of NorthCape with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2021$10MSeries A––
Valuation history

2 investors in total: 2 institutional.

Investors in NorthCape

NorthCape has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Gerber Finance and Group Bayport.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private debt investment firm focused on asset-based loans
gerberfinance.comNew York, United States
Provides custom signage, personalized products, and ecommerce platforms for global markets.
2007groupbayport.comAtlanta, United States
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Investor details for NorthCape

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.

Timeline of NorthCape

3 dated milestones of NorthCape across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded NorthCape is founded.
  2. Funding First funding round of $10.0M.
  3. Exit Acquired by Group Bayport.

Web traffic of NorthCape

The website of NorthCape (northcape.com) receives about 4.6K visits a month.

  • Monthly visits
    4.6K

    ▲ 106.3% vs previous month

Top companies in Retail Stores & Chains

3 companies that operate in the same segment as NorthCape (Retail Stores & Chains) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Home improvement products and services are retailed by Lowe's.
1946Mooresville, North Carolina, United StatesUSD 86.29 B270,000
Office supplies and business products are distributed online to companies.
1986Framingham, Massachusetts, United States13,447
Pet foods, products, and care services are provided by PetSmart.
1987Phoenix, Arizona, United StatesUSD 23.3 M
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Frequently Asked Questions about NorthCape

NorthCape was founded in 2014 and raised its 1st funding round 7 years after it was founded.

NorthCape is headquartered in Romeoville, United States. It is registered at Romeoville, Illinois, United States.

NorthCape is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Sep 2021.

Annual revenue of NorthCape is $4.11K as on Jul 31, 2023.

NorthCape was established in 2014 and is based in Romeoville, United States. Operations are centered on the retail sector, where furniture products are distributed through the domain northcape.com. A variety of furniture items is provided to customers, with focus placed on domestic markets in the region. The companys activities encompass standard retail practices without specified international expansion.

NorthCape offers Outdoor Furniture and Umbrellas and Fire Tables.

NorthCape has 2 investors. Key investors include Gerber Finance, and Group Bayport.

NorthCape operates through Northcape, Inc.

Yes. NorthCape was acquired by Group Bayport in October 2024.

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