About Olofsson
Olofsson is a company based in Sweden founded in 1966.. Olofsson offers products and services including New Car Sales, Used Car Sales, and Vehicle Servicing. Olofsson operates in a competitive market with competitors including Lithia Motors, Avis, AutoCan, Milwaukee Tool and Guanghui Auto Service, among others.
- Headquarter Sweden
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Sectors
Transportation, Automotive & Logistics
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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
$36.96 K (USD), Grant
Dec 11, 2019
- Investors
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Employee Count
Employee Count
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Products & Services of Olofsson
Olofsson offers a comprehensive portfolio of products and services, including New Car Sales, Used Car Sales, and Vehicle Servicing. 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.
Sales of new cars from multiple brands with leasing options
Quality-assured used cars with warranties and guarantees
Repairs, maintenance, and parts for various car models
Funding Insights of Olofsson
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $36,958
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First Round
First Round
(11 Dec 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2019 | Amount | Grant - Olofsson | Valuation |
investors |
| 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 Olofsson
Olofsson has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Olofsson
| 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 - Olofsson
| 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 |
Olofsson Comparisons
Competitors of Olofsson
Olofsson 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 Lithia Motors, Avis, AutoCan, Milwaukee Tool and Guanghui Auto Service, 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 |
Dealer of new & used cars
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Online platform offering car rental services
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| domain | founded_year | HQ Location |
Multi-location franchised dealerships for automobiles are operated coast to coast.
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| domain | founded_year | HQ Location |
Industrial tools are distributed online by Milwaukee Tool.
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| domain | founded_year | HQ Location |
Passenger vehicles are distributed and serviced in China.
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| domain | founded_year | HQ Location |
New and used cars are sold online through dealership operations.
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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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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 Olofsson
When was Olofsson founded?
Olofsson was founded in 1966 and raised its 1st funding round 53 years after it was founded.
Where is Olofsson located?
Olofsson is headquartered in Sweden.
What does Olofsson do?
Olofsson Bil was established in 1966 as an authorized dealer and workshop for automotive brands including Škoda, Volkswagen, CUPRA, and Seat. Operations are based in Stockholm, with locations in Nacka and Haninge, Sweden. A selection of new and used vehicles is offered, alongside maintenance services. Online booking for services and test drives is provided through the companys website.
Who are the top competitors of Olofsson?
Olofsson's top competitors include Lithia Motors, Avis and Sonic Automotive.
What products or services does Olofsson offer?
Olofsson offers New Car Sales, Used Car Sales, and Vehicle Servicing.
Who are Olofsson's investors?
Olofsson has 1 investor. Key investors include European Union.