About Steelcase
Steelcase is a publicly listed company based in Grand Rapids (United States) founded in 1912, and was acquired by HNI Corporation in August 2025. Internet first brand of office furniture. The company has 11,300 employees. Steelcase has completed 4 acquisitions, including AMQ, Orangebox and Smith System. Its chief executive, as recorded, is Jim Keane. Its website steelcase.com draws about 885 thousand monthly visits. Its Indian entity Steelcase Asia Pacific Holdings India Private Limited reported revenue of ₹565 Cr. Its focus areas include Consumer Goods, Home Furnishing Products and Office Furniture. Its competitors include Poppin, HNI Corporation and Branch; 2 of its 3 listed competitors have raised funding.
Company details
Steelcase was established in 1912 in Grand Rapids, United States, within the office furniture sector. Products including chairs, tables, storage units, sofas, and sleepers are manufactured for use in offices, hospitals, and classrooms. Operations are supported by brands such as Steelcase, Turnstone, and Coalesse. Sales are conducted via company-owned stores and third-party retailers across America, Europe, the Middle East, Africa, and Asia.
- Headquarters Grand Rapids, United States
- Employees 11,300
- Stage Acquired
- SectorsConsumer
- Website category Home and Garden · Furniture
- Phone•••• ••••
- Website steelcase.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by HNI Corporation (Aug 2025)
- Legal Name Steelcase Inc.
- Indian entity revenue₹565 Cr
FY 2025 · +25% YoY
- Indian entity net profit₹55.31 Cr
FY 2025 · 10% margin
- Indian entity EBITDA₹81.84 Cr
FY 2025 · 14% margin
- Latest Funding Round$450M (USD), Debt – Conventional
Feb 2019
- Investors
- Employee Count11,300
- Investments & AcquisitionsAMQ
& 3 more
- Acquired byHNI Corporation
(Aug 2025)
Associated legal entities of Steelcase
Steelcase operates through Steelcase Asia Pacific Holdings India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Steelcase Asia Pacific Holdings India Private Limited CIN U74140DL2004PTC128537 | Active | 23 Aug 2004 | New Delhi, Delhi | ₹565 Cr | 218 | 5 | View details |
Apps and channels of Steelcase
its YouTube channel Steelcase has 12.4K subscribers and 30 videos.
Videos from Steelcase
The most watched videos on Steelcase's YouTube channel, Steelcase (12.4K subscribers). Click a video to play it here.
More on Steelcase.
Funding Insights of Steelcase
- Total Rounds 3
- Last Round Debt – Conventional — $450M
- First Round $29,300
(Jul 2008)
- Investors Count 2
All 3 funding rounds of Steelcase with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2019 | $450M | Debt – Conventional | – | – | – |
| Jan 2017 | $47,548 | Grant | – | – | |
| Jul 2008 | $29,300 | Grant | – | – |
3 investors in total: 3 institutional.
Investors in Steelcase
Steelcase has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include United States Department of Agriculture, HNI Corporation and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Leadership is provided on agriculture, food, and rural development matters. | 1862 | usda.gov | ||
Offline retail of office furniture and hearth products is operated. | 1944 | hnicorp.com | Davenport, United States |
Investor details for Steelcase
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Board of directors of Steelcase Asia Pacific Holdings India Private Limited (Steelcase)
Steelcase Asia Pacific Holdings India Private Limited is the primary company behind Steelcase. The board of Steelcase Asia Pacific Holdings India Private Limited currently have 4 directors; the longest-serving is David Charles Sylvester, appointed in 2004. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| David Charles Sylvester DIN 00915472 | Director | 11 Nov 2004 | 21 yrs 11 mo | Steelcase Asia Pacific Holdings India Private Limited |
| James Gavan O Connor DIN 01481371 | Director | 20 Apr 2007 | 19 yrs 6 mo | Steelcase Asia Pacific Holdings India Private Limited |
| Vaibhav Sharma DIN 09572893 | Director | 03 May 2022 | 4 yrs 5 mo | Steelcase Asia Pacific Holdings India Private Limited |
| Tirthankar Basu DIN 09736785 | Managing Director | 14 Sep 2022 | 4 yrs 1 mo | Steelcase Asia Pacific Holdings India Private Limited |
People of Steelcase
388 people are tracked at Steelcase (105 in leadership, 10 in board & advisors, 273 in team); the tracked headcount is 11,300.
| Name | Role | Group |
|---|---|---|
Jim Keane | CEO | Leadership |
Ashutosh N. | Director Of Global Quality (manufacturing And Product Development) | Leadership |
Allan W. Smith Jr. | President, Americas And Chief Product Officer, Steelcase Inc. | Leadership |
Michelle Cockrill | Director, Brand Communications, Asia Pacific | Leadership |
Eiji Yamamoto | Director,japan Sales | Leadership |
Florence Lambla | Director Of Pricing | Leadership |
Steve Miller | Chief Technology Officer | Leadership |
Christina Vernon | General Manager | Leadership |
Brent Deweerd | Director Quality Systems And Product Risk | Leadership |
Justin Gillespie | Director Of Engineering | Leadership |
Jorge de la Paz | Head Of Strategic Partnerships | Leadership |
Terry Lenhardt | Senior Vice President, Marketing + Customer Verticals | Leadership |
Bill Grace | Vice President Marketing Communications | Leadership |
Stephan Derr | VP Finance EMEA | Leadership |
Gaurav Thakur | Head Human Resources | Leadership |
Susan Broman | President, Steelcase Foundation | Leadership |
Danielle Murray Razo | Vice President Of Design Strategy And Consulting | Leadership |
| Managing Director- India & Saarc | Leadership | |
Amarjit Singh | Director, Operations: Logistics, E-commerce & Business Transformation. | Leadership |
| Finance Director, Asia Pacific | Leadership |
368 more people are available in the full profile.
Complete people profiles for Steelcase
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IPO & Listings of Steelcase
Steelcase is a publicly listed company on the NYSE with ticker symbol SCS in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date18 Feb 1998
- Listed onNYSE: SCS
- Listed entitySteelcase Inc.
- Exchange sectorProducer manufacturing
- ISINUS8581552036
- Share price$16.14 (+0.12% on the day) · 2025-12-10
- Market capitalisation$1.85B
- Price to earnings20.3
- EPS (diluted, trailing year)$0.79
- Dividend yield2.48%
- Volume (last session)4,114,387
- Analyst consensusNeutral
Financials of Steelcase
Figures of Steelcase Asia Pacific Holdings India Private Limited, the primary company behind Steelcase, for FY 2025. Revenue was ₹565 Cr (+25% year on year). Net profit was ₹55.31 Cr (10% margin). EBITDA was ₹81.84 Cr (14% margin). Revenue has grown at a compounded annual rate of +40% over three years and +9% over five years.
- ₹565 CrRevenue · FY 2025 · +25% YoY
- ₹55.31 CrNet profit · 10% margin
- ₹81.84 CrEBITDA · 14% margin
- ₹40.72 CrPaid-up capital
- 218Employees (provident fund records)
- +40%Revenue CAGR, 3 years
- +9%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | $3.17B | $116.7M | $211.4M |
| 2023 | $3.16B | $78.0M | $219.6M |
| 2022 | $3.23B | $34.0M | $158.6M |
| 2021 | $2.77B | $3.9M | $87.0M |
| 2020 | $2.60B | $25.5M | $174.4M |
Balance sheet, profit and loss, cash flow and ratios of Steelcase Asia Pacific Holdings India Private Limited are on its company page.
Detailed financial statements for Steelcase
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Investments & Acquisitions by Steelcase
Steelcase has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include AMQ, Orangebox and Smith System.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Brand of home furniture | viccarbe.com | Valencia, Spain | 2000 | Oct 2021 | $34.81M | |
Multi-category integrated home furniture is manufactured for homes. | orangebox.com | Cardiff, United Kingdom | 2002 | Sep 2018 | $79M | |
School furniture and products are manufactured for educational environments. | smithsystem.com | Plano, United States | 1905 | Jun 2018 | $145M | |
Furniture is retailed by AMQ in the United States. | amqsolutions.com | Santa Clara, United States | 2009 | Nov 2017 | $69.9M |
Complete acquisition details for Steelcase
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Timeline of Steelcase
9 dated milestones of Steelcase across 113 years, from founding to its latest funding, stage changes and deals.
- Founded Steelcase is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $29K.
- Acquisition Acquires AMQ.
- Acquisition Acquires Smith System.
- Acquisition Acquires Orangebox.
- Funding Latest funding round, Debt – Conventional, of $450.0M.
- Acquisition Acquires VICCARBE.
- Exit Acquired by HNI Corporation.
Competitors of Steelcase
Steelcase has 3 listed competitors in our database, 2 of them funded. They include Poppin, HNI Corporation and Branch.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| poppin.com | 2009 | New York, United States | $76.92M | Private label office supplies are sold online by Poppin. | ||
| hnicorp.com | 1944 | Davenport, United States | 8,200 | Offline retail of office furniture and hearth products is operated. | ||
| branchfurniture.com | 2018 | New York, United States | $12.4M | Multi-category furniture is offered for home offices and companies. |
Detailed competitors of Steelcase
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Web traffic of Steelcase
The website of Steelcase (steelcase.com) receives about 885.4K visits a month and ranks #45,205 among all websites worldwide, #519 in Furniture.
- Monthly visits885.4K
▼ 6.4% vs previous month
- Unique visitors457.4K
per month
- Global rank#45,205
among all websites
- Category rank#519
Home and Garden · Furniture
- Bounce rate39%
- Pages per visit4.9
- Average visit1 min 54 sec
- DevicesDesktop 51% · Mobile 49%
Websites whose visitors overlap most with Steelcase. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| hermanmiller.com | 100% | 2.2M | #20,448 | View details | |
madisonseating.com | madisonseating.com | 87% | #270,308 | – | |
| humanscale.com | 86% | 288.9K | #97,491 | View details | |
haworth.com | haworth.com | 84% | #70,641 | – | |
| btod.com | 82% | #117,160 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Steelcase
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Top companies in Home & Living Products
3 companies that operate in the same segment as Steelcase (Home & Living Products) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App based platform to connect users with local service professionals | 2008 | San Francisco, California, United States | USD 698.85 M | 1,807 | ||
Provider of FMCG conglomerate products | 1837 | United States | USD 457.23 M | 923 | ||
Multi-category home improvement products are sold online by Wayfair. | 2002 | Boston, Massachusetts, United States | USD 368.2 M | USD 12.46 B | 3 |
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Related news about Steelcase
Complete news archive for Steelcase
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Frequently Asked Questions about Steelcase
Steelcase was founded in 1912 and raised its 1st funding round 96 years after it was founded.
Steelcase is headquartered in Grand Rapids, United States. It is registered at Grand Rapids, Michigan, United States.
Jim Keane is the CEO of Steelcase, as recorded in our data.
Steelcase has 11,300 employees.
The primary company behind Steelcase, Steelcase Asia Pacific Holdings India Private Limited, reported revenue of ₹565 Cr for FY 2025, up 25% year on year.
Steelcase was established in 1912 in Grand Rapids, United States, within the office furniture sector. Products including chairs, tables, storage units, sofas, and sleepers are manufactured for use in offices, hospitals, and classrooms. Operations are supported by brands such as Steelcase, Turnstone, and Coalesse. Sales are conducted via company-owned stores and third-party retailers across America, Europe, the Middle East, Africa, and Asia.
Steelcase's top competitors include Poppin, HNI Corporation and Branch.
Yes, Steelcase is publicly traded on NYSE under the ticker symbol SCS.
Steelcase has made 4 acquisitions, including AMQ, Orangebox, and Smith System.
Steelcase has 3 investors. Key investors include United States Department of Agriculture, HNI Corporation, and European Union.
Steelcase operates through Steelcase Asia Pacific Holdings India Private Limited.
Yes. Steelcase was acquired by HNI Corporation in August 2025.