About Smith System
Smith System is a company based in Plano (United States) founded in 1905 was acquired by Steelcase in June 2018.. Smith System has completed 1 acquisition, including Brightmile. Smith System offers products and services including School Chairs, School Desks, School Tables, Teacher Desks, and Soft Seating.
- Headquarter Plano, United States
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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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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
- Investments & Acquisitions
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Acquired by
Steelcase
(Jun 08, 2018)
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Products & Services of Smith System
Smith System offers a comprehensive portfolio of products and services, including School Chairs, School Desks, School Tables, Teacher Desks, and Soft Seating. 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.
Chairs designed for student use in classrooms.
Desks for educational settings to support learning.
Tables for collaborative or individual school activities.
Desks tailored for educators in school environments.
Comfortable seating options for relaxed learning areas.
Storage solutions to organize school materials effectively.
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Funding Insights of Smith System
| 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 Smith System
Smith System has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Steelcase. 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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Internet first brand of office furniture
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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 Smith System
Smith System has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Brightmile. 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 |
|---|---|---|---|---|---|
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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AI-enabled fleet telematics and risk management solutions are provided.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Smith System
| 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 |
Smith System Comparisons
Competitors of Smith System
| 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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Latest news on Smith System
Frequently Asked Questions about Smith System
When was Smith System founded?
Smith System was founded in 1905.
Where is Smith System located?
Smith System is headquartered in Plano, United States. It is registered at Plano, Texas, United States.
Who is the current CEO of Smith System?
Anthony Douglas is the current CEO of Smith System.
What does Smith System do?
Smith System was founded in 1905 and is headquartered in Plano, United States. Operations focus on the education sector, where school furniture such as chairs, desks, tables, and storage solutions is produced for settings ranging from early childhood to higher education. Flexible seating options are included in the product line. Design resources like layout guides and specifications are supplied, along with installation support and warranty services.
What products or services does Smith System offer?
Smith System offers School Chairs, School Desks, School Tables, Teacher Desks, and 2 more products and services.
How many acquisitions has Smith System made?
Smith System has made 1 acquisition, including Brightmile.
Who are Smith System's investors?
Smith System has 1 investor. Key investors include Steelcase.
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