About Samsonite
Samsonite is a company based in Boston (United States) founded in 1910 was acquired by CVC in July 2007.. Samsonite has raised $1.81 million across 12 funding rounds from investors including Ares Management, CVC and European Union. The company has 3,185 employees as of October 31, 2024. Samsonite has completed 6 acquisitions, including Hartmann Luggage, High Sierra and Lambertson Truex.
- Headquarter Boston, United States
- Employees 3185 as on 31 Oct, 2024
- Stage Public
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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
-
Net Profit
-
EBITDA
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Total Equity Funding
$1.81 M (USD)
in 12 rounds
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Latest Funding Round
$1.81 M (USD), Unspecified
Dec 27, 2022
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Investors
Ares Management
& 2 more
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Employee Count
3185
as on Oct 31, 2024
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Investments & Acquisitions
Hartmann Luggage
& 5 more
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Acquired by
CVC
(Jul 05, 2007)
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Software Development Team
41 people
Leadership Team
36 people
Human Resources and Administration
20 people
Finance and Accounting
17 people
Product Management Team
11 people
Creative and Marketing Team
11 people
Legal and Compliance
9 people
Sales and Marketing
8 people
Unlock access to complete
Funding Insights of Samsonite
Samsonite has successfully raised a total of $1.81M across 12 strategic funding rounds. The most recent funding activity was a Unspecified round of $1.81 million completed in December 2022. 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 12
- Last Round Unspecified — $1.8M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Unspecified - Samsonite | Valuation |
investors |
|
| Dec, 2020 | Amount | Post-IPO - Samsonite | Valuation |
investors |
|
| Dec, 2019 | Amount | Post-IPO - Samsonite | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Samsonite
Samsonite has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Ares Management, CVC and 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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Alternative asset investment management firm
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Founded Year | Domain | Location | |
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Mezzanine financing and equity investments are provided by CVC.
|
Founded Year | Domain | Location | |
|
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 |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Samsonite
Samsonite has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Hartmann Luggage, High Sierra and Lambertson Truex. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
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.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provider of industry information and resources for marina and boatyard management
|
2005 | ||||
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Slim protective cases for personal electronics are designed and distributed.
|
2001 | ||||
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Retailer of wallets and handbags
|
1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Samsonite
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Samsonite Comparisons
Competitors of Samsonite
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| 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 Samsonite
Frequently Asked Questions about Samsonite
When was Samsonite founded?
Samsonite was founded in 1910 and raised its 1st funding round 93 years after it was founded.
Where is Samsonite located?
Samsonite is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Samsonite?
Jai Krishnan is the current CEO of Samsonite.
Is Samsonite a funded company?
Samsonite is a funded company, having raised a total of $1.81M across 12 funding rounds to date. The company's 1st funding round was a Post-IPO of $65.32K, raised on Jun 01, 2003.
How many employees does Samsonite have?
As of Oct 31, 2024, the latest employee count at Samsonite is 3,185.
What does Samsonite do?
Samsonite, founded in 1910 in Boston, United States, focuses on producing consumer products, fashion accessories, bags luggage, and travel business bags. Travel business bags brand. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
How many acquisitions has Samsonite made?
Samsonite has made 6 acquisitions, including Hartmann Luggage, High Sierra, and Lambertson Truex.
Who are Samsonite's investors?
Samsonite has 3 investors. Key investors include Ares Management, CVC, and European Union.