HipVan Pte.
Latest round
- Series A
Last raised
- Apr 2016
Total raised
- $5.3M
Investors
- 6
About HipVan Pte.
HipVan Pte. Ltd.Founded in 2013 and headquartered in Singapore, HipVan Pte. Ltd. operates as an online furniture retailer specializing in a diverse selection of home furnishings.HipVan is an online furniture retailer that specializes in a diverse range of home furnishings, including sofas, coffee tables, dining tables, chairs, beds, mattresses, and lighting. The company curates over 5,000 unique designs, tailored to various aesthetic preferences such as Scandinavian, modern, industrial, minimalist, and bohemian styles. Serving primarily the Singapore market, HipVan positions itself as a cost-effective alternative to traditional furniture shopping by eliminating middlemen costs, thus facilitating access to stylish and high-quality products. The end users of HipVan's offerings include homeowners and renters looking to beautify their living spaces affordably.10. The revenue model for HipVan is primarily based on direct-to-consumer transactions facilitated through its e-commerce platform. Customers purchase products online, with free delivery offered for orders exceeding a specific value. The transaction structure typically involves single-item purchases as well as potential bundle deals, allowing customers to save when buying multiple items. The company's flagship products, including the Levitate mattress and various sofa beds, are priced competitively to appeal to a broad customer base.In August 2022, HipVan Pte. Ltd. Additionally, the company has plans to expand its market reach beyond Singapore, targeting broader Southeast Asian markets by the end of 2024. This growth strategy aims to leverage its established online platform while continuing to invest in inventory and logistics to ensure efficient operations.
Who invested in HipVan Pte.
6 investors across 3 rounds
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Questions about HipVan Pte.
Who invested in HipVan Pte.?
HipVan Pte. has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has HipVan Pte. raised?
HipVan Pte. has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did HipVan Pte. last raise money?
HipVan Pte.'s most recent round on record is a Series A, in Apr 2016.
What does HipVan Pte. do?
HipVan Pte. is a consumer products company.
Where is HipVan Pte. headquartered?
HipVan Pte. is headquartered in Singapore, Singapore.
Which VCs invest in companies like HipVan Pte.?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back consumer products companies at HipVan Pte.'s stage. Their profiles are linked below.
VCs backing consumer products startups at Series A
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