ACHICA
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ACHICA - overview
Location
Cheltenham, -, UK
Primary Industry
Retail
About
ACHICA is a UK-based online retail platform specializing in curated home and lifestyle products, providing discerning consumers with exclusive deals on premium items for their homes. ACHICA operates as an online retail platform that focuses on high-quality home and lifestyle products. Founded in Cheltenham, UK, the company has undergone no significant pivots in its business model. In February 2014, ACHICA successfully raised GBP 11.
28 million in Series C funding from Draper Fisher Jurvetson, Lansdowne Partners, and other investors, bringing the total amount raised to GBP 11. 28 million and establishing a current valuation of GBP 179. 17 million. ACHICA primarily operates as a premium online retail platform, specializing in curated home and lifestyle products.
The company offers a diverse selection of items including furniture, home décor, kitchenware, and fashion accessories, all designed to meet the needs of discerning consumers seeking high-quality and stylish options for their homes. With a focus on providing exclusive deals and limited-time offers, ACHICA creates a sense of urgency for its customers, encouraging them to make purchases while the products are available. The end users of ACHICA’s offerings consist mainly of individuals and families within the UK and select international markets who prioritize quality and design in their home environments. ACHICA generated revenue of GBP 96,557,213.
10 in the most recent year, which was 2014. The company reported an EBITDA of GBP -23,105,766. 30 for the same year, reflecting its financial performance during that period. In February 2014, ACHICA raised GBP 11.
28 million in Series C financing, which has been allocated to enhance its product offerings and expand into new geographic markets. The company plans to introduce new products in the home and lifestyle categories, aligning with the trends in the retail industry, while targeting expansion into select international markets by the end of 2014. The recent funding will support these initiatives, facilitating product development and market entry strategies.
Current Investors
Balderton Capital, Draper Fisher Jurvetson, Lansdowne Partners
Primary Industry
Retail
Sub Industries
Furniture, Recreational Hobbies & Sporting Goods, Home Improvement & DIY
Website
www.achica.com
Verticals
Big Data, Manufacturing
Company Stage
Series C
Total Amount Raised
Subscriber access only
ACHICA - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 |
|---|---|---|---|---|
| Revenue (USD) | 14,675,254 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - |
| EBITDA (USD) | (3,837,355) | - | - | - |
| Operating Income (USD) | (3,854,750) | - | - | - |
| Operating Margin | (26.3%) | - | - | - |
| % EBITDA Margin | (26.1%) | - | - | - |
| NET Income (USD) | (3,851,484) | - | - | - |
| % Net Margin | (26.2%) | - | - | - |
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