Step2 Company

Perrysville, United States Founded: 1991 • Age: 35 yrs Acquired By Aterian Partners
Childrens toys, playsets, and outdoor products are manufactured.

About Step2 Company

Step2 Company is a company based in Perrysville (United States) founded in 1991 by Thomas G Murdough was acquired by Aterian Partners in October 2016.. Step2 Company has raised $20 million across 1 funding round from investors including Liberty Partners and Aterian Partners. The company has 722 employees as of December 31, 2021. Step2 Company has completed 1 acquisition, including Infantino.

  • Headquarter Perrysville, United States
  • Employees 722 as on 31 Dec, 2021
  • Founders Thomas G Murdough
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Consumer → Baby, Parenting & Pet Care
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $20 M (USD)

    in 1 rounds

  • Latest Funding Round
    $20 M (USD), Series B

    Jan 12, 2011

  • Investors
  • Employee Count
    722

    as on Dec 31, 2021

  • Investments & Acquisitions
  • Acquired by
    Aterian Partners

    & 1 more

    (Oct 19, 2016)

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People of Step2 Company
Headcount 500-1000
Employee Profiles 5
Employee Profiles
People
Andrew Carcioppolo
Chief Product Officer
People
Hallie Rodriguez
Director, Finance And Corporate Controller
People
Melisa Neff
Director Human Resources Operations
People
Tim Gilbert
Vice President Of Human Resources

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Funding Insights of Step2 Company

Step2 Company has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Series B round of $20 million completed in January 2011. 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 Rounds 1
  • Last Round Series B — $20.0M
  • First Round

    (12 Jan 2011)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2011 Amount Series B - Step2 Company 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 Step2 Company

Step2 Company has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Liberty Partners and Aterian Partners. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
-
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
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Step2 Company

Step2 Company has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Infantino. 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.

Investments
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
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Baby products and carriers for infants are manufactured and designed.
1978
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 - Step2 Company

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Step2 Company Comparisons

Employees
+
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Competitors of Step2 Company

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.
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.

Latest news on Step2 Company

Frequently Asked Questions about Step2 Company

When was Step2 Company founded?

Step2 Company was founded in 1991 and raised its 1st funding round 20 years after it was founded.

Where is Step2 Company located?

Step2 Company is headquartered in Perrysville, United States.

Is Step2 Company a funded company?

Step2 Company is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Series B of $20M, raised on Jan 12, 2011.

How many employees does Step2 Company have?

As of Dec 31, 2021, the latest employee count at Step2 Company is 722.

What does Step2 Company do?

Step2 Company was founded in 1991 by Thomas G. Murdough in Perrysville, United States. Operations focus on the production of childrens toys and playsets within the consumer goods sector. Items such as play kitchens, climbers, slides, playhouses, ride-on toys, outdoor furniture, sandboxes, water tables, and planters are manufactured with an emphasis on durable designs. Products are distributed through various retail channels.

How many acquisitions has Step2 Company made?

Step2 Company has made 1 acquisition, including Infantino.

Who are Step2 Company's investors?

Step2 Company has 2 investors. Key investors include Liberty Partners, and Aterian Partners.

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