About Sofa Workshop
Sofa Workshop is a company based in Farnborough (United Kingdom) founded in 1985 was acquired by DFS in June 2013.. Sofa Workshop has raised $3.49 million across 1 funding round from investors including DFS and Piper. The company has 152 employees as of September 30, 2018. Sofa Workshop operates in a competitive market with competitors including MADE.COM, La-Z-Boy, Swoon, eve sleep and DFS, among others.
- Headquarter Farnborough, United Kingdom
- Employees 152 as on 30 Sep, 2018
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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 The Sofa Workshop Ltd
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Funding Insights of Sofa Workshop
Sofa Workshop has successfully raised a total of $3.49M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $3.49 million completed in June 1991. 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 1
- Last Round Private Equity Round — $3.5M
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First Round
First Round
(01 Jun 1991)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 1991 | Amount | Private Equity Round - Sofa Workshop | Valuation |
investors |
| 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 |
Investors in Sofa Workshop
Sofa Workshop has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include DFS and Piper. 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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Piper is engaged in building and investing in brand legends.
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Founded Year | Domain | Location | |
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Furniture is manufactured and retailed by DFS across the UK.
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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 Sofa Workshop
| 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 - Sofa Workshop
| 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 |
Sofa Workshop Comparisons
Competitors of Sofa Workshop
Sofa Workshop 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 MADE.COM, La-Z-Boy, Swoon, eve sleep and DFS, 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 |
Multi-category home improvement products are sold through an internet-first brand.
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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 |
Multi-category home furniture is sold online by Swoon.
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| domain | founded_year | HQ Location |
Mattresses, pillows, and furniture products are provided by eve sleep.
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| domain | founded_year | HQ Location |
Furniture is manufactured and retailed by DFS across the UK.
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| domain | founded_year | HQ Location |
Multi-category home improvement products are offered through an internet-first brand.
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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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Latest news on Sofa Workshop
Frequently Asked Questions about Sofa Workshop
When was Sofa Workshop founded?
Sofa Workshop was founded in 1985 and raised its 1st funding round 6 years after it was founded.
Where is Sofa Workshop located?
Sofa Workshop is headquartered in Farnborough, United Kingdom. It is registered at Farnborough, Hampshire, United Kingdom.
Who is the current CEO of Sofa Workshop?
Gill Stewart is the current CEO of Sofa Workshop.
Is Sofa Workshop a funded company?
Sofa Workshop is a funded company, having raised a total of $3.49M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $3.49M, raised on Jun 01, 1991.
How many employees does Sofa Workshop have?
As of Sep 30, 2018, the latest employee count at Sofa Workshop is 152.
What does Sofa Workshop do?
Sofa Workshop was founded in 1985 in Farnborough, United Kingdom, within the furniture manufacturing sector. Over 50 sofa designs, encompassing contemporary, classic, and casual styles, are produced with construction guarantees. Operations include nationwide retail shops and an online platform for sales. Individual customization options are provided to meet varied customer needs.
Who are the top competitors of Sofa Workshop?
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