When was Hem founded?

Hem was founded in 2014 and raised its 1st funding round 4 years after it was founded.

Where is Hem located?

Hem is headquartered in Stockholm, Sweden. It is registered at C/O BOWLES & WALKER LTD,5 BRECKLAND BUSINESS PARK, NORWICH ROAD,WATTON,THETFORD,NORFOLK,IP25 6UP.

Which legal entities is Hem associated with?

Hem is associated with HEM and 1 other.

How many employees does Hem have?

As of Jul 31, 2026, the latest employee count at Hem is 260.

Is Hem a funded company?

Hem is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Aug 31, 2018.

When was the latest funding round of Hem?

Hem's latest funding was a $***** Series A round on Aug 31, 2018, with participation from 1 investor.

Where does Hem rank among its competitors?

Hem ranks 1st amongst 10 active competitors, none of which are funded.

Who are the top competitors of Hem?

Hem's top competitors include Svenska Hem, by Crea and Jotex. Among them, Hem secured the most recent funding round in August, 2018.

Hem - 2026 Company Profile, Team, Funding, Competitors & Financials

Hem is an acquired company based in Stockholm (Sweden), founded in 2014 by Jason Goldberg, Petrus Palmer and Martin Feigum Johansen. It operates as an Internet-first brand of multi-category home improvement products. Hem has raised $5M in funding from Verdane. The company has 10 active competitors, including 2 that have exited. Its top competitors include companies like Svenska Hem, by Crea and Jotex.

Company Details

Hem is a factory-direct online furniture sales business that designs, makes, and sells its own brand of furniture, lighting, rugs, and other home improvement products. It makes products in collaboration with partner factories in Europe. The company provides online customization tools for customers to design their own end-products. The company's operation is limited to the US and Europe. It was created as a pivot out of the Fab.com, while carrying the funding, investors, and valuation of latter.

Website: hem.com
Social
Registered Address: C/O BOWLES & WALKER LTD,5 BRECKLAND BUSINESS PARK, NORWICH ROAD,WATTON,THETFORD,NORFOLK,IP25 6UP

Key Metrics

Founded Year

2014

Location

Stockholm, Sweden

Stage

Acquired

Total Funding

$5M in 1 round

Latest Funding Round

Series A, Aug 31, 2018, $*****

Investors

Verdane & 11 more

Ranked

1^st among 10 active competitors

Employee Count

260 as on Jul 31, 2026

Investment & Acquisitions

Discipline

Similar Companies

Wakefit & 325 more

Exit Details

Acquired by Vitra (Feb 03, 2016)

View Hem's full profile

Hem is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
HEM CIN: 45403013120 , Latvia, Active	Mar 30, 2004	€0 - €1M (As on Dec 31, 2020)	1 (As on Dec 31, 2019)	-
HEM LIMITED CIN: 4917924 , United Kingdom, Active	Sep 30, 2003	-	-

Hem got acquired by Vitra on Feb 03, 2016.

Click here to take a look at Hem's acquisition in detail

Hem has raised a total funding of $5M over 1 round. Its latest funding round was a Series A round on Aug 31, 2018 for $*****. 1 investor participated in its latest round. Hem has 12 institutional investors.

Here is the list of recent funding rounds of Hem:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 31, 2018	5820037	Series A	6246373	6217579	4842335	9335112

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View details of Hem's funding rounds and investors

The founders of Hem are Jason Goldberg, Petrus Palmer and Martin Feigum Johansen.

Here are the details of Hem's key team members:

Jason Goldberg: Former Co-Founder of Hem and founder of 3 other companies, Pepo, Social Median and Jobster. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Petrus Palmer: Co-Founder & CEO of Hem.
Martin Feigum Johansen: Co-Founder & Senior Vice President Sales of Hem.

View details of Hem's Founder profiles and Board Members

Hem's employee count trend

Hem has 260 employees as of Jul 26. Here is Hem's employee count trend over the years:

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Top competitors of Hem include Svenska Hem, by Crea and Jotex. Here is the list of Top 10 competitors of Hem, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Hem 2014, Stockholm (Sweden), Acquired	Internet-first brand of multi-category home improvement products	$5M	Atomico, Zelkova Ventures & 10 others	49/100
2nd	Svenska Hem 1960, Jonkoping (Sweden), Unfunded	Internet first brand of multi category furniture and lightings	-	-	28/100
3rd	by Crea 2017, Lomma (Sweden), Unfunded	Private label brand for custom home improvement products	-	-	28/100
4th	Jotex 1963, Boras (Sweden), Acquired	Manufacturer of home furnishing and decor items	-	-	26/100
5th	Swedish Ninja 2007, Malmo (Sweden), Unfunded	Internet-first brand of home improvement products	-	-	24/100
6th	Healsafe interior 2010, Gothenburg (Sweden), Unfunded	Internet first brand offering multi-category home improvement products	-	-	21/100
7th	Asili Interiors 2017, Lund (Sweden), Funding Raised	Internet first brand offering mattresses and wall hangings	-	VentureLab	20/100
8th	Nordic Nest 2002, Kalmar (Sweden), Unfunded	Retailer of Scandinavian design items for interior home décor	-	-	16/100
9th	Linnebutiken 2021, Skane (Sweden), Unfunded	Internet first brand offering storage bags and sewing materials for home	-	-	16/100
10th	Akustikcenter 2022, Kista (Sweden), Funding Raised	Provider of acoustic solutions for both public and private environments	-	Sareq	16/100