About Staples
Staples is a company based in Framingham (United States) founded in 1986 by Myra Hart was acquired by Sycamore Partners in September 2017.. The company has 13,447 employees as of December 31, 2021. Staples has completed 8 acquisitions, including DEX Imaging, Essendant and HiTouch Services.
- Headquarter Framingham, United States
- Employees 13447 as on 31 Dec, 2021
- Founders Myra Hart
- Stage Public
-
Sectors
Retail
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Phone
*********
-
Website
*********
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Social
*********
- Legal Name Staples Procurement & Management Services Private Limited
- Date of Incorporation 29 Feb, 2008
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Bessemer Venture Partners
& 4 more
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Employee Count
13447
as on Dec 31, 2021
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Investments & Acquisitions
DEX Imaging
& 7 more
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Acquired by
Sycamore Partners
(Sep 13, 2017)
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Funding Insights of Staples
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Post-IPO - Staples | Valuation |
investors |
|
| Dec, 2009 | Amount | Grant - Staples | Valuation |
investors |
|
| Jun, 1999 | Amount | Post-IPO - Staples | Valuation |
investors |
| 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 Staples
Staples has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, Sycamore Partners and Cerberus Capital Management. 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 |
|---|---|---|---|---|
|
Private equity and debt firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Summit Partners is recognized as a growth equity investment firm.
|
Founded Year | Domain | Location | |
|
Venture capital investments and support for entrepreneurs in technology and innovation sectors.
|
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 | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Staples
Staples has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include DEX Imaging, Essendant and HiTouch Services. 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 |
|---|---|---|---|---|---|
|
Office supplies are distributed online by Lonesource.
|
2013 | ||||
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Branding services are delivered to businesses by Makr in Brooklyn.
|
2012 | ||||
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Limited information available
|
2010 |
| 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 - Staples
| 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 |
Staples Comparisons
Competitors of Staples
| 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
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Staples
When was Staples founded?
Staples was founded in 1986.
Where is Staples located?
Staples is headquartered in Framingham, United States. It is registered at Framingham, Massachusetts, United States.
How many employees does Staples have?
As of Dec 31, 2021, the latest employee count at Staples is 13,447.
What does Staples do?
Staples is an online B2B e-distributor of office supplies. The product catalog includes computers accessories, printers scanners, cleaning supplies, electronics, furniture, printing papers, notebooks many more. The company also offers certain business-related services such as printing, outdoor advertising, marketing, tech services, office services, etc. The mobile application is available for Android and iOS users. In 2013 the company recorded annual revenues of 24.67B and a net loss of 0.21B.
How many acquisitions has Staples made?
Staples has made 8 acquisitions, including DEX Imaging, Essendant, and HiTouch Services.
Who are Staples's investors?
Staples has 5 investors. Key investors include Bessemer Venture Partners, Sycamore Partners, Cerberus Capital Management, Summit Partners, and HUD Exchange.
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