About Poppin
Poppin is a company based in New York (United States) founded in 2009 was acquired by Kimball International in November 2020.. Poppin has raised $76.92 million across 7 funding rounds from investors including Fifth Third Bancorp, Kimball International and West Capital Advisors. Poppin offers products and services including Desks, Office Chairs, and PoppinPods. Poppin operates in a competitive market with competitors including Lalo, Branch, Tulikivi, Oliver and BreathableBaby, among others.
- Headquarter New York, United States
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Sectors
Consumer
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Email
***********
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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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Total Equity Funding
$76.92 M (USD)
in 7 rounds
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Latest Funding Round
$23.06 M (USD), Series E
May 22, 2019
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Investors
Fifth Third Bancorp
& 6 more
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Employee Count
Employee Count
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Acquired by
Kimball International
(Nov 04, 2020)
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Products & Services of Poppin
Poppin offers a comprehensive portfolio of products and services, including Desks, Office Chairs, and PoppinPods. 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.
Adjustable height desks for office and home workspaces.
Ergonomic chairs designed for comfort in work environments.
Privacy booths that enhance productivity in shared spaces.
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Funding Insights of Poppin
Poppin has successfully raised a total of $76.92M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $23.06 million completed in May 2019. 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 Total Funding
- Total Rounds 7
- Last Round Series E — $23.1M
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First Round
First Round
(27 Feb 2012)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Series E - Poppin | Valuation |
investors |
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| May, 2016 | Amount | Series D - Poppin | Valuation |
investors |
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| Dec, 2015 | Amount | Series D - Poppin | Valuation |
investors |
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| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Poppin
Poppin has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Fifth Third Bancorp, Kimball International and West Capital Advisors. 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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Seed to growth stage tech and energy focused VC firm funding companies in the US
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Founded Year | Domain | Location | |
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US focused seed and early-stage VC firm
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Founded Year | Domain | Location | |
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Venture capital firm investing in early stage startups
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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 Poppin
| 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 - Poppin
| 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 |
Poppin Comparisons
Competitors of Poppin
Poppin 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 Lalo, Branch, Tulikivi, Oliver and BreathableBaby, 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 |
Baby and toddler products are designed and sold by Lalo.
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| domain | founded_year | HQ Location |
Multi-category furniture is offered for home offices and companies.
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| domain | founded_year | HQ Location |
Fireplaces and heaters are produced as Tulikivi's private label brand.
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| domain | founded_year | HQ Location |
Online P&C insurance platform
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| domain | founded_year | HQ Location |
Baby safety products are designed and manufactured for parents.
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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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Frequently Asked Questions about Poppin
When was Poppin founded?
Poppin was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Where is Poppin located?
Poppin is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Poppin a funded company?
Poppin is a funded company, having raised a total of $76.92M across 7 funding rounds to date. The company's 1st funding round was a Series D of $10.53M, raised on Feb 27, 2012.
What does Poppin do?
Poppin was founded in 2009 in New York, United States, as a private label brand in the office supplies sector. Products are manufactured in China and distributed through an eCommerce platform launched in 2011. Sales were initially online-only until retailing partnerships with Staples began in 2013. B2B operations are being expanded with recent funding, serving clients including Fab.com, LinkedIn, Pandora, and Warby Parker.
What products or services does Poppin offer?
Poppin offers Desks, Office Chairs, and PoppinPods.
Who are Poppin's investors?
Poppin has 7 investors. Key investors include Fifth Third Bancorp, Kimball International, West Capital Advisors, Burch Creative Capital, and First Round Capital.
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