About Zhik
Zhik is a company based in Artarmon (Australia) founded in 2003.. Zhik has raised $2 million across 1 funding round. Zhik offers products and services including Wetsuits, Thermals, and Wet Weather Gear. Zhik operates in a competitive market with competitors including 2XU, Stylerunner, Recova Wear, BLK Sport and Ryderwear, among others.
- Headquarter Artarmon, Australia
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Sectors
Retail
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Jul 07, 2023
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Investors
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Employee Count
Employee Count
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Products & Services of Zhik
Zhik offers a comprehensive portfolio of products and services, including Wetsuits, Thermals, and Wet Weather Gear. 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.
High-performance wetsuits for sailing and water sports protection.
Thermal gear for warmth during cold water activities.
Equipment for protection against wet conditions in yachting.
Funding Insights of Zhik
Zhik has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in July 2023. 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 Seed — $2.0M
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First Round
First Round
(07 Jul 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Seed - Zhik | 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 Zhik
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - Zhik
| 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 |
Zhik Comparisons
Competitors of Zhik
Zhik 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 2XU, Stylerunner, Recova Wear, BLK Sport and Ryderwear, 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 |
Internet first brand offering performance sportswear for men and women
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| domain | founded_year | HQ Location |
Internet-first apparel for women and men is offered online.
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| domain | founded_year | HQ Location |
Sustainable apparel is designed for rehabilitation patients.
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| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand for men's and women's apparel.
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| domain | founded_year | HQ Location |
Sells functional gym clothes and activewear online for bodybuilders and lifters.
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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 Zhik
Frequently Asked Questions about Zhik
When was Zhik founded?
Zhik was founded in 2003 and raised its 1st funding round 20 years after it was founded.
Where is Zhik located?
Zhik is headquartered in Artarmon, Australia. It is registered at Artarmon, New South Wales, Australia.
Who is the current CEO of Zhik?
Piet Poelmann is the current CEO of Zhik.
Is Zhik a funded company?
Zhik is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Jul 07, 2023.
What does Zhik do?
Zhik was established in 2003 in Artarmon, Australia, as an internet-first brand in the sports and outdoor apparel sector. Apparel for women and men is provided through e-commerce operations, with a focus on activewear and gear. The company is led by CEO Piet Poelmann and maintains its headquarters in Australia, serving global customers via its domain zhik.com. Products are distributed primarily online to support outdoor and sports activities.
Who are the top competitors of Zhik?
Zhik's top competitors include 2XU, Recova Wear and Stylerunner.
What products or services does Zhik offer?
Zhik offers Wetsuits, Thermals, and Wet Weather Gear.