NOME Valuation, Funding & Investors

NOME is valued at $1.1B as of March 2019.

See full NOME profile

Last NOME valuation

$1.1B

Series B · Mar 2019

Last NOME funding round

$87M

Series B · Mar 2019

Cumulative funding NOME raised

$145M

across 3 funding rounds

Key investors in NOME

  • HSG
  • Capital Today

NOME Overview

About NOME

NOME is a design-led retailer collaborating with Nordic independent designers to produce affordable furniture and home goods. Headquartered in Dongguan, China, NOME sources manufacturers globally for automated, large-scale production of practical items like sofas, bedding, and kitchenware. The company operates stores across China emphasizing functional Scandinavian aesthetics.


Founded

2015

HQ

ChinaGuangzhou

Website

nome.cn

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Valuation

$1.1B (Mar 2019)

NOME Valuation

NOME is currently valued at $1.1B, based on its Series B in March 2019.

The $87M round was led by HSG.

NOME valuation by funding round

NOME valuation by funding round
DateStageValuation
Mar 2019Series B$1.1B

NOME Funding History

NOME has raised a total of $145M across 3 funding rounds.

NOME's first fundraising round was a $28M Series A in May 2018. The most recent completed round was a $87M Series B in March 2019.

NOME funding rounds

NOME funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Mar 2019Series BHSG (lead)$87M$1.1BNOME raised a total of $153.38M across 3 funding rounds, with its latest being a Series B of $89.3M on March 22, 2019.
Nov 2018Series AHSG (lead); Capital Today$30M--
May 2018Series AHSG (lead)$28M--

Who has invested in NOME?

2 investors have backed NOME across its funding rounds, including HSG and Capital Today.

Lead investors include HSG.


NOME Investors

Investors in NOME by funding rounds participated
InvestorHQRoundsRoleFirst check

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NOME Competitors

NOME competitors include listed companies like Betterware de Mexico and GoodRx, and private ones like Quince, Yijiupi, Flip and Jiuxian.

Public and private companies comparable to NOME
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Betterware de MexicoMexicoMexicoPublicly listed$829M$152M$595M1.1x
QuinceUnited StatesSan Francisco, CAPrivate$1B-$4.5B-
YijiupiChinaWuhuPrivate--$1.1B-
FlipUnited StatesLos Angeles, CAPrivate--$1.1B-
JiuxianChinaBeijingPrivate--$1B-
GoodRxUnited StatesUnited StatesPublicly listed$797M$173M$1.2B1.8x

NOME Public Comps

NOME is still privately-owned, but its public comps include Arhaus, DeRUCCI, Suofeiya, GoodRx, Moonpig Group, La-Z-Boy, Tuhu Car, Hepsiburada, Sangetsu and Fiskars.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Arhaus$1.4B$179M1.1x1.0x8.2x9.2x
DeRUCCI$779M$131M1.2x1.1x6.9x6.9x
Suofeiya$1.4B$250M0.9x1.0x4.9x5.7x
GoodRx$797M$173M1.8x1.8x8.1x5.5x
Moonpig Group$501M$140M2.3x2.3x8.2x8.2x
La-Z-Boy$2.1B$259M0.7x0.7x5.7x7.9x
Tuhu Car$2.5B$84M0.3x0.2x7.6x7.8x
Hepsiburada$1.7B($51M)0.5x0.3x(15.8x)28.7x

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Common questions about NOME

When was NOME founded?NOME was founded in 2015.
Where is NOME headquartered?NOME is headquartered in Guangzhou, China.
Is NOME publicly listed?No, NOME is a private, VC-backed company.
What is NOME's valuation?NOME was last valued at $1.1B in its Series B in March 2019.
How much funding has NOME raised?NOME has raised $145M across 3 funding rounds.
What was NOME's last funding round?NOME's last funding round was a $87M Series B in March 2019, led by HSG.
Who are NOME's investors?NOME's investors include HSG and Capital Today.
Which companies are comparable to NOME?Companies comparable to NOME include Betterware de Mexico, Quince, Yijiupi, Flip, Jiuxian and GoodRx.

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