About Steinway
Steinway is a company based in United States founded in 1995.. Steinway has raised $27.2 million across 1 funding round. Steinway has completed 1 acquisition, including Zenph. Steinway offers products and services including Grand Pianos and Upright Pianos.
- Headquarter United States
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
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- Legal Name Steinway & Sons
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$27.2 M (USD)
in 1 rounds
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Latest Funding Round
$27.2 M (USD), Series B
Nov 18, 2009
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Steinway
Steinway offers a comprehensive portfolio of products and services, including Grand Pianos and Upright Pianos. 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.
Grand pianos are produced by Steinway & Sons using handcrafted techniques for concerts and homes, ensuring high standards of quality and expression.
Upright pianos are manufactured by Steinway & Sons as compact instruments that deliver sound and warmth suitable for various settings.
Funding Insights of Steinway
Steinway has successfully raised a total of $27.2M through 1 strategic funding round. The most recent funding activity was a Series B round of $27.2 million completed in November 2009. 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 Series B — $27.2M
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First Round
First Round
(18 Nov 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2009 | Amount | Series B - Steinway | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Steinway
Steinway has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Zenph. 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.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Software for music learning platforms and analytics is developed.
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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 - Steinway
| 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 |
Steinway Comparisons
Competitors of Steinway
| 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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Frequently Asked Questions about Steinway
When was Steinway founded?
Steinway was founded in 1995 and raised its 1st funding round 14 years after it was founded.
Where is Steinway located?
Steinway is headquartered in United States.
Is Steinway a funded company?
Steinway is a funded company, having raised a total of $27.2M across 1 funding round to date. The company's 1st funding round was a Series B of $27.2M, raised on Nov 18, 2009.
What does Steinway do?
Steinway was founded in 1995 in the United States within the musical instruments sector. Grand and upright pianos are produced using exotic woods and bespoke customization. The Spirio player piano system is offered for playback of live performances. Educational resources are provided to support music teachers. Traditional craftsmanship is combined with modern technology in the manufacturing process.
What products or services does Steinway offer?
Steinway offers Grand Pianos and Upright Pianos.
How many acquisitions has Steinway made?
Steinway has made 1 acquisition, including Zenph.