About SITS
SITS is a company based in Brodnica (Poland) founded in 1993 was acquired by Actona Group in September 2022.. SITS offers products and services including Sofas, Armchairs, Sofa Beds, Dining Chairs, and Coffee Tables. SITS operates in a competitive market with competitors including La-Z-Boy, Westwing, Knoll, Tulikivi and Laura Ashley, among others.
- Headquarter Brodnica, Poland
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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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- Legal Name Actona Poland Spółka Z Ograniczoną Odpowiedzialnością
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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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Acquired by
Actona Group
(Sep 23, 2022)
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Products & Services of SITS
SITS offers a comprehensive portfolio of products and services, including Sofas, Armchairs, Sofa Beds, Dining Chairs, and Coffee Tables. 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.
Comfortable seating solutions for home living spaces
Individual seating options with customizable designs
Multi-functional furniture for sleeping and seating
Durable chairs for dining areas
Stylish tables for living room use
Weather-resistant pieces for outdoor settings
Fabric options for furniture customization
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Funding Insights of SITS
| 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 SITS
SITS has secured backing from 1 investor. Prominent investors backing the company include Actona Group. 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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Actona Group is recognized as a global furniture partner.
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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 SITS
| 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 - SITS
| 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 |
Sits Comparisons
Competitors of SITS
SITS 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 La-Z-Boy, Westwing, Knoll, Tulikivi and Laura Ashley, 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 |
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| domain | founded_year | HQ Location |
Home furniture is manufactured and retailed by La-Z-Boy.
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| domain | founded_year | HQ Location |
Online retail of home decor and furniture is provided.
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| domain | founded_year | HQ Location |
Modern furniture for homes and offices is designed and manufactured.
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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 |
Home goods are retailed online and through international stores.
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| domain | founded_year | HQ Location |
Manufactures high-quality bathroom, kitchen fittings and installations worldwide.
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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 SITS
When was SITS founded?
SITS was founded in 1993.
Where is SITS located?
SITS is headquartered in Brodnica, Poland. It is registered at Brodnica, Kuyavian-pomeranian Voivodeship, Poland.
Who is the current CEO of SITS?
Pan Marek Dobrzeniecki is the current CEO of SITS.
What does SITS do?
SITS was founded in 1993 and is headquartered in Brodnica, Poland. Operations are centered on the furniture manufacturing sector, with production focused on upholstered pieces, sofa beds, and tables. The company is led by President and CEO Pan Marek Dobrzeniecki. Its domain, sits.eu, supports European outreach, while activities remain grounded in regional manufacturing practices.
Who are the top competitors of SITS?
What products or services does SITS offer?
SITS offers Sofas, Armchairs, Sofa Beds, Dining Chairs, and 3 more products and services.
Who are SITS's investors?
SITS has 1 investor. Key investors include Actona Group.