About StitchWood
StitchWood is a company based in Mumbai (India) founded in 2015. StitchWood has raised $553.48 thousand across 2 funding rounds from investors including Kedar Gajanan, Rakesh Mehrotra and Susmit Patodia. StitchWood operates in a competitive market with competitors including Madeforme, Interio Bliss, Yagotimber, OnlineMistry and Asisfurniture, among others.
- Headquarter Mumbai, India
- Stage Minicorn
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Tangramme Furnishing Solutions Private Limited
- Date of Incorporation 30 Jun, 2014
- Jurisdiction Nagpur, Maharashtra, India
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Annual Revenue
$248.8 K (USD)0as on Mar 31, 2017
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Net Profit
-$413.9 K (USD)0as on Mar 31, 2017
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EBITDA
-$391.16 K (USD)0as on Mar 31, 2017
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Total Equity Funding
$553.48 K (USD)
in 2 rounds
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Latest Funding Round
$177.49 K (USD), Angel Round
Jul 01, 2016
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Investors
& 45 more
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Employee Count
Employee Count
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Funding Insights of StitchWood
StitchWood has successfully raised a total of $553.48K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $177.49 thousand completed in July 2016. 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 Angel Round — $177,493
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First Round
First Round
(19 Jun 2015)
- Investors Count 46
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2016 | Amount | Angel Round - StitchWood | Valuation | Raman Bindlish | |
| Jun, 2015 | Amount | Angel Round - StitchWood | Valuation | Ravi Venkataraju , Rohit Khanna |
Investors in StitchWood
StitchWood has secured backing from 46 investors, including angel investors. Prominent investors backing the company include Kedar Gajanan, Rakesh Mehrotra and Susmit Patodia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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KG
Kedar Gajanan |
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Founded Year | Domain | Location |
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RM
Rakesh Mehrotra |
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Founded Year | Domain | Location |
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SP
Susmit Patodia |
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Founded Year | Domain | Location |
Investments & Acquisitions by StitchWood
Financial Statements - StitchWood
Stitchwood Comparisons
Competitors of StitchWood
StitchWood 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 Madeforme, Interio Bliss, Yagotimber, OnlineMistry and Asisfurniture, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Operates an online platform specializing in custom-made furniture for personalized home solutions.
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| domain | founded_year | HQ Location |
Offers online sales of antique bowls, brass handicrafts, furniture, idols, and lamps items.
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| domain | founded_year | HQ Location |
An online private label brand offering custom-designed furniture and consultation services.
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| domain | founded_year | HQ Location |
Operates as an online retailer and manufacturer of private label furniture.
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| domain | founded_year | HQ Location |
Asisfurniture is an online store specializing in a wide range of furniture products.
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Frequently Asked Questions about StitchWood
StitchWood was founded in 2015.
StitchWood is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
StitchWood is a funded company, having raised a total of $553.48K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $375.99K, raised on Jun 19, 2015.
Annual revenue of StitchWood is $248.8K as on Mar 31, 2017.
StitchWood provides a tech interface for creating virtual 3-D rendering of customized furniture. Has an in-house team of furniture experts and interior designers for providing customizable designs to begin with. Ties up with vendors for getting furniture made, with a strong quality control aspect. Soon to launch offline expert assistance for selecting design, targeted at above 40 age group. Guarantees three-week delivery. Tied up with 5 vendors as of April 2015. Has tied up with more than 200 micro, small medium enterprises (MSMEs) to manufacture the furniture (July 2016).
StitchWood's top competitors include Yagotimber, Asisfurniture and Madeforme.
StitchWood has 46 investors. Key investors include Kedar Gajanan, Rakesh Mehrotra, Susmit Patodia, Dattatraya Wavhal, and Nilima Arun Kottewar.
The valuation of StitchWood is $3.53M as of Jul 2016.