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
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Sectors
Real Estate & ConstructionConsumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Flokk As
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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.
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 |
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| 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 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.
| Investor | Description | Founded Year | Domain | Location |
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Flokk is recognized for designing ergonomic office furniture solutions.
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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 Offecct
| 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 |
Financial Statements - Offecct
| 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 |
Offecct Comparisons
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.
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| domain | founded_year | HQ Location |
Glass fittings, smoke ventilations, and building materials are manufactured.
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| domain | founded_year | HQ Location |
Provider of ceilings and wall absorbers
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| domain | founded_year | HQ Location |
Home furniture products are offered by Embellence Group brands.
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| domain | founded_year | HQ Location |
Ventilation products are manufactured and supplied by the company.
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| domain | founded_year | HQ Location |
Home furniture brands are developed and distributed by RugVista Group.
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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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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.