About Officeworks
Officeworks is a company based in Bentleigh East (Australia) founded in 1994 was acquired by Wesfarmers in July 2007.. Officeworks has completed 2 acquisitions, including Box of Books and Geeks2U. Officeworks operates in a competitive market with competitors including Winc, Words With Heart, Urban Hyve, Alloys and Wholesale Toners Australia, among others.
- Headquarter Bentleigh East, Australia
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Box of Books
& 1 more
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Acquired by
Wesfarmers
(Jul 01, 2007)
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Software Development Team
21 people
Sales and Marketing
17 people
Finance and Accounting
8 people
Human Resources and Administration
6 people
Head Team
5 people
Product Management Team
5 people
CRM Team
4 people
Senior Team
4 people
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Funding Insights of Officeworks
| 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 Officeworks
Officeworks has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Wesfarmers. 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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Diversified retail and industrial operations are conducted across multiple countries.
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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 Officeworks
Officeworks has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Box of Books and Geeks2U. 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
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
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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Digital books and resources are provided for K-12 students online.
|
2014 | ||||
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Provider of IT support services
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2005 |
| 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 - Officeworks
| 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 |
Officeworks Comparisons
Competitors of Officeworks
Officeworks 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 Winc, Words With Heart, Urban Hyve, Alloys and Wholesale Toners Australia, 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 |
Office supplies are distributed electronically across various categories.
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| domain | founded_year | HQ Location |
Manufacturer and e-distributor of stationery products
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| domain | founded_year | HQ Location |
Provides online sales and installation of office furniture for businesses.
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| domain | founded_year | HQ Location |
Distributes IT hardware, software, and services to resellers worldwide.
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| domain | founded_year | HQ Location |
Serves as an e-distributor specializing in a wide range of office supplies.
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| 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 Officeworks
Frequently Asked Questions about Officeworks
When was Officeworks founded?
Officeworks was founded in 1994.
Where is Officeworks located?
Officeworks is headquartered in Bentleigh East, Australia. It is registered at Bentleigh East, Victoria, Australia.
What does Officeworks do?
Officeworks was founded in 1994 and is headquartered in Bentleigh East, Australia. Operations are conducted in the office products sector, where supplies, technology, and furniture are provided for home, business, and education needs. More than 25,000 products are offered through 158 physical stores and an online platform. Buying guides and catalogues are available, along with separate login systems for B2C and B2B users.
Who are the top competitors of Officeworks?
Officeworks's top competitors include Winc, Words With Heart and Urban Hyve.
How many acquisitions has Officeworks made?
Officeworks has made 2 acquisitions, including Box of Books, and Geeks2U.
Who are Officeworks's investors?
Officeworks has 1 investor. Key investors include Wesfarmers.