Offecct

Skovde, Sweden Founded: 1990 • Age: 36 yrs Acquired By Flokk
Home furniture is designed and manufactured by Offecct.

About Offecct

Offecct is a company based in Skovde (Sweden) founded in 1990 was acquired by Flokk in June 2017.. Offecct offers products and services including Customizable Furniture, Acoustic Products, and Design Consultation. Offecct operates in a competitive market with competitors including La-Z-Boy, ROCA Industry, Ecophon, Embellence Group and VoltAir System, among others.

  • Headquarter Skovde, Sweden
  • Sectors
    Real Estate & Construction
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Flokk As
Operational Areas
Real Estate & Construction → Building Materials, Technology & Innovation
Consumer → Beauty, Personal & Household Care
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Flokk

    (Jun 01, 2017)

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Products & Services of Offecct

Offecct offers a comprehensive portfolio of products and services, including Customizable Furniture, Acoustic Products, and Design Consultation. 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.

Primary

Offers personalized options for colors, fabrics, and seams

Improves sound quality in environments for better well-being

Provides advice on furnishing and customization needs

Funding Insights of Offecct

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Offecct

Offecct has secured backing from 1 investor. Prominent investors backing the company include Flokk. 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.

All
Investor Description Founded Year Domain Location
Flokk is recognized for designing ergonomic office furniture solutions.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Offecct

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Offecct

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Offecct Comparisons

Employees
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Add Comparison
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Competitors of Offecct

Offecct 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 La-Z-Boy, ROCA Industry, Ecophon, Embellence Group and VoltAir System, 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
Home furniture is manufactured and retailed by La-Z-Boy.
domain founded_year HQ Location
Glass fittings, smoke ventilations, and building materials are manufactured.
domain founded_year HQ Location
Provider of ceilings and wall absorbers
domain founded_year HQ Location
Home furniture products are offered by Embellence Group brands.
domain founded_year HQ Location
Ventilation products are manufactured and supplied by the company.
domain founded_year HQ Location
Home furniture brands are developed and distributed by RugVista Group.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Offecct

Innova flips Profim to Triton-backed Flokk
Realdeals8 years ago

Frequently Asked Questions about Offecct

When was Offecct founded?

Offecct was founded in 1990.

Where is Offecct located?

Offecct is headquartered in Skovde, Sweden. It is registered at Skovde, Vastra Gotaland, Sweden.

Who is the current CEO of Offecct?

Kurt Tingdal is the current CEO of Offecct.

What does Offecct do?

Offecct was founded in 1990 in Skovde, Sweden, as a designer and manufacturer in the home furniture sector. Products including sofas, chairs, barstools, tables, and ottomans are produced. Operations focus on creation and distribution through company-owned stores and various retailers. The company maintains its base in Sweden while serving broader markets.

Who are the top competitors of Offecct?

Offecct's top competitors include La-Z-Boy, ROCA Industry and RugVista Group.

What products or services does Offecct offer?

Offecct offers Customizable Furniture, Acoustic Products, and Design Consultation.

Who are Offecct's investors?

Offecct has 1 investor. Key investors include Flokk.

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