Race Furniture
About Race Furniture
Race Furniture is a company founded in 1945 was acquired by Ocee International in December 2017.. The company has 35 employees as of December 31, 2016. Race Furniture offers products and services including Fixed Seating, Loose Seating, Soft Seating, Retractable Seating, and Bespoke Design. Race Furniture operates in a competitive market with competitors including Bene, Ocee Design, Arrow Group, Dams Furniture and Moduflex, among others.
- Employees 35 as on 31 Dec, 2016
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Race Furniture Limited
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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
35
as on Dec 31, 2016
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Acquired by
Ocee International
(Dec 11, 2017)
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Products & Services of Race Furniture
Race Furniture offers a comprehensive portfolio of products and services, including Fixed Seating, Loose Seating, Soft Seating, Retractable Seating, and Bespoke Design. 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.
Custom seats designed for permanent installation in venues.
Movable chairs for flexible and adaptable spaces.
Comfortable upholstered options for lounges and public areas.
Adjustable systems for multi-purpose event spaces.
Tailored seating creation based on client specifications.
Funding Insights of Race Furniture
| 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 Race Furniture
Race Furniture has secured backing from 1 investor. Prominent investors backing the company include Ocee International. 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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Provides multipurpose furniture for business spaces to boost wellbeing, productivity, and culture through design expertise.
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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 Race Furniture
| 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 - Race Furniture
| 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 |
Race Furniture Comparisons
Competitors of Race Furniture
Race Furniture 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 Bene, Ocee Design, Arrow Group, Dams Furniture and Moduflex, 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 furniture is designed and manufactured by Bene.
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| domain | founded_year | HQ Location |
Contemporary designer office furniture is manufactured for office spaces.
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| domain | founded_year | HQ Location |
Workspace furniture is branded and supplied by Arrow Group.
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| domain | founded_year | HQ Location |
Manufactures office furniture for schools, workplaces, healthcare, and government projects.
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| domain | founded_year | HQ Location |
Manufacturer of office furniture
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| domain | founded_year | HQ Location |
Provides furniture supply, installation, and sustainable workspace design.
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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 Race Furniture
When was Race Furniture founded?
Race Furniture was founded in 1945.
How many employees does Race Furniture have?
As of Dec 31, 2016, the latest employee count at Race Furniture is 35.
What does Race Furniture do?
Race Furniture was founded in 1945 and operates within the furniture sector. Seating solutions for public spaces are designed and manufactured by the company. Products are tailored for environments such as offices, transportation hubs, and communal areas. Manufacturing processes emphasize durability and functionality to meet industry standards. The companys domain, racefurniture.com, serves as its online presence, though specific geographic operations remain unspecified.
Who are the top competitors of Race Furniture?
Race Furniture's top competitors include Boss Design, Ocee Design and Bene.
What products or services does Race Furniture offer?
Race Furniture offers Fixed Seating, Loose Seating, Soft Seating, Retractable Seating, and Bespoke Design.
Who are Race Furniture's investors?
Race Furniture has 1 investor. Key investors include Ocee International.