When was Staples founded?

Staples was founded in 1986 and raised its 1st funding round within a year of its incorporation.

Where is Staples located?

Staples is headquartered in Framingham, United States. It is registered at Framingham, Massachusetts.

How many employees does Staples have?

As of Jun 30, 2026, the latest employee count at Staples is 29453.

Is Staples a funded company?

Staples is a funded company, having raised an undisclosed amount across 5 funding rounds to date. The company's 1st funding round was a $***** Unattributed round, raised on Jan 01, 1986.

When was the latest funding round of Staples?

Staples' latest funding was a $***** Post IPO round on 2017, with participation from 1 investor.

What is the annual revenue of Staples?

Annual revenue of Staples is more than $1B as on Jan 31, 2017

Where does Staples rank among its competitors?

Staples ranks 2nd amongst 811 active competitors, of which 5 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Grove, which secured $15M in Oct, 2024.

Who are the top competitors of Staples?

Staples' top competitors include FabFitfun, Grove and Italic. Among them, Grove secured the most recent funding round in October, 2024.

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

Company Details

Online retailer of office supplies, technology, print services, and furniture. The company provides an assortment of products including writing and cleaning supplies, paper, shredders, school supplies, office chairs, desks, tables, computers, printers, ink, and toner. It also offers travel accessories, health and wellness products, and breakroom items. The company provides auto restock subscriptions, same-day delivery, and in-store pickup.

Website: staples.com
Social
Registered Address: Framingham, Massachusetts

Key Metrics

Founded Year

1986

Location

Framingham, United States

Stage

Acquired

Latest Funding Round

Post IPO, 2017, $*****

Investors

Cerberus Capital Management & 12 more

Ranked

2^nd among 811 active competitors

Annual Revenue

$1B+ as on Jan 31, 2017

Employee Count

29,453 as on Jun 30, 2026

Investment & Acquisitions

Essendant & 10 more

Similar Companies

FabFitfun & 5931 more

Exit Details

Acquired by Sycamore Partners (Sep 13, 2017)

View Staples' full profile

Staples is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Staples, Inc. CIN: 42896127 , United States, Active	Dec 26, 999	-	11200 (As on Dec 31, 2024)	-
STAPLES INC CIN: 791519 , United States, Active	Jan 22, 1986	$1B+ (As on Jan 31, 2017)	-	-

Staples got acquired by Sycamore Partners on Sep 13, 2017.

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

Staples has raised funding over 5 rounds. Its first funding round was on Jan 01, 1986. Its latest funding round was a Post IPO round on 2017 for $*****. 1 investor participated in its latest round. Staples has 13 institutional investors.

Here is the list of recent funding rounds of Staples:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2017	3809	Post IPO	4309	8491	2957	1196
Aug 08, 2011	2363279	Grant (prize money)	4898238	1186040	2216694	Hud Exchange
Dec 29, 2009	4228349	Grant (prize money)	4146830	9624273	8946221	Hud Exchange

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View details of Staples's funding rounds and investors

The founders of Staples are Thomas G Stemberg, Leo Kahn and Myra Hart.

Here are the details of Staples' key team members:

Thomas G Stemberg: Co-Founder of Staples and founder of 1 other company.
Contact Info: 1 email address
Leo Kahn: Co-Founder of Staples and founder of 1 other company.
Contact Info: 1 email address
Myra Hart: Co-Founder of Staples.
Contact Info: 1 email address

View details of Staples's Founder profiles and Board Members

Staples' employee count trend

Staples has 29,453 employees as of Jun 26. Here is Staples's employee count trend over the years:

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Top competitors of Staples include FabFitfun, Grove and Italic. Here is the list of Top 10 competitors of Staples, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	FabFitfun 2010, Beverly Hills (United States), Series A	Online retailer offering subscription-based multi-category products	$94.6M	New Enterprise Associates, Upfront Ventures ... & 27 others	75/100
2nd	Staples 1986, Framingham (United States), Acquired	Online retailer of office supplies, technology, print services, and furniture	-	Cerberus Capital Management, HarbourVest Partners ... & 11 others	73/100
3rd	Grove 2012, San Francisco (United States), Public	Online subscription-based platform providing cleaning products and beauty products	$527M	Glynn Capital, Morgan Stanley & 44 others	69/100
4th	Italic 2018, Walnut (United States), Series B	Online membership-based marketplace platform offering multi-category products	$86.9M	Ludlow Ventures, Index Ventures & 22 others	67/100
5th	Saks Fifth Avenue 1867, New York City (United States), Acquired	Online retailer of apparel, accessories, beauty products, and home goods	$500M	Insight Partners, Bank of America & 5 others	65/100
6th	Urban Outfitters 1970, Philadelphia (United States), Public	Online retailer of on-trend clothing, accessories, home decor, and gifts	-	MidCoast Capital	63/100
7th	Bespoke Post 2011, New York City (United States), Series B	Lifestyle subscription club for men.	$48.9M	Entrepreneurs Roundtable Accelerator, NewSpring ... & 15 others	61/100
8th	Cratejoy 2013, Austin (United States), Series A	Online marketplace offering subscription-based boxes	$6.2M	CRV, SV Angel & 11 others	44/100
9th	Paparazzi Accessories 2011, Atlanta (United States), Unfunded	Online retailer of affordable fashion jewelry and related accessories	-	-	44/100
10th	Silhouette 1982, United States, Unfunded	Online retailer of eyewear, providing optical frames and sunglasses	-	-	39/100

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Staples has made 3 investments in companies including WorkStore and WorkStore. Staples has also acquired 8 companies including Essendant and HiTouch Business Services.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Sep 14, 2018	Acquisition	Essendant	1922	Deerfield (United States)
Jun 26, 2018	Acquisition	HiTouch Business Services	2010	La Vergne (United States)
Apr 23, 2015	Acquisition	Makr	2012	Brooklyn (United States)