About STENDERS
STENDERS is a company based in Riga (Latvia) founded in 2001 by Zane Stavra was acquired by L Catterton in September 2024.. STENDERS has raised $3.08 million across 2 funding rounds from investors including CICC, BaltCap and L Catterton. The company has 174 employees as of December 31, 2023. STENDERS operates in a competitive market with competitors including Dr.Wu Skincare, DERMAdoctor, Cream Dreams, Manal Beauty Care and MBcosmetic, among others.
- Headquarter Riga, Latvia
- Employees 174 as on 31 Dec, 2023
- Founders Zane Stavra
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Stenders
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Annual Revenue
$15.54 M (USD)77as on Dec 31, 2023
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Net Profit
$-699.17 K (USD)0as on Mar 31, 2016
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EBITDA
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Total Equity Funding
$3.08 M (USD)
in 2 rounds
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Latest Funding Round
$1.06 M (USD), Private Equity Round
Mar 12, 2015
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Investors
CICC
& 2 more
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Employee Count
174
as on Dec 31, 2023
- Acquired by
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Funding Insights of STENDERS
STENDERS has successfully raised a total of $3.08M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $1.06 million completed in March 2015. 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 2
- Last Round Private Equity Round — $1.1M
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First Round
First Round
(01 Oct 2013)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Private Equity Round - STENDERS | Valuation |
investors |
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| Oct, 2013 | Amount | Private Equity Round - STENDERS | 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 STENDERS
STENDERS has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include CICC, BaltCap and L Catterton. 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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Private equity investments are directed at Baltic and Polish opportunities.
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Founded Year | Domain | Location | |
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L Catterton is recognized as a leading consumer-focused private equity group.
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Founded Year | Domain | Location | |
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Diversified asset management and corporate advisory services are provided.
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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 STENDERS
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
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 - STENDERS
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Stenders Comparisons
Competitors of STENDERS
STENDERS 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 Dr.Wu Skincare, DERMAdoctor, Cream Dreams, Manal Beauty Care and MBcosmetic, 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 |
Skincare products are manufactured and distributed globally by Dr.Wu.
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| domain | founded_year | HQ Location |
Manufacturer of skin care products
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| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand specializing in high-quality skincare products.
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| domain | founded_year | HQ Location |
Operates an online store specializing in multi-category organic skincare products.
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| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand offering organic skin care products.
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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 Stenders
Frequently Asked Questions about STENDERS
When was STENDERS founded?
STENDERS was founded in 2001 and raised its 1st funding round 12 years after it was founded.
Where is STENDERS located?
STENDERS is headquartered in Riga, Latvia.
Who is the current CEO of STENDERS?
Yang Gang is the current CEO of STENDERS.
Is STENDERS a funded company?
STENDERS is a funded company, having raised a total of $3.08M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $2.02M, raised on Oct 01, 2013.
How many employees does STENDERS have?
As of Dec 31, 2023, the latest employee count at STENDERS is 174.
What is the annual revenue of STENDERS?
Annual revenue of STENDERS is $15.54M as on Dec 31, 2023.
What does STENDERS do?
STENDERS was founded in 2001 in Riga, Latvia, focusing on the cosmetics sector. Bath and skin care products are manufactured and supplied by the company, with operations based in Latvia. Leadership is provided by CEO Yang Gang and co-founder Zane Stavra. Distribution occurs through the domain stenders-cosmetics.com, serving international markets in personal care items. Core activities emphasize production and supply chain management within the beauty industry.
Who are the top competitors of STENDERS?
STENDERS's top competitors include Dr.Wu Skincare, DERMAdoctor and Cream Dreams.
Who are STENDERS's investors?
STENDERS has 3 investors. Key investors include CICC, BaltCap, and L Catterton.
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