HNI
600 East Second Street, Muscatine, IA, 52761, United States
Overview
HNI Corporation is a family of leading brands providing products and services for the office and home. With deeply held values, HNI's employees, who they call members, are united by a dedication to integrity, quality, innovation, service, continuous improvement and value creation for our customers. HNI's values distinguish us in the way they look at things and the way they work. Driving their success is a set of unique and strongly aligned principles and processes enthusiastically shared by their members. It defines HNI's distinctive personality and stands at the center of their corporate Vision. HNI is a leading global office furniture company. HNI's brands are among the strongest, most widely known and respected in the industry. The depth and breadth of HNI's brands, the scale and capability of their manufacturing and the strength of their distribution enables them to provide the best office furniture solutions to meet the needs of every customer – from the largest multinational organizations to the local entrepreneur. Wherever there is warmth and the welcome glow from a fireplace or heating stove, chances are it’s an HNI brand. HNI is the world’s leader in hearth products. HNI's hearth brands are the strongest, most respected in the industry and include a full array of gas, electric, wood and biomass burning fireplaces, inserts, stoves, facings and accessories.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 7
Sector focus
- Furniture
- Home Decor
- Manufacturing
Investment portfolio
- CasaOne
Participated · Series B · Nov 2019
CasaOne operates a furniture rental platform that provides a wide selection of products, 3D visualizations, rent-to-own options and fast delivery and assembly, typically within 2–3 business days. The company also offers a commercial furniture rental solution called BureauOne and provides expert space planning and design guidance. CasaOne is operational in 10 markets, including San Francisco, Greater Los Angeles, San Diego, greater New York, New Jersey, Philadelphia, Connecticut, Washington DC, and Chicago. Led by CEO Shashank Shankaranarayana, the business aims to streamline the process of furnishing spaces for individuals and businesses. The company plans to use new funding to support overall growth and expand into additional product categories within furniture, fixtures, and equipment (FF&E). Financially, CasaOne has previously raised a $16m Series B led by Accel in September 2019 and recently secured additional capital via debt financing. CasaOne provides a full-service furniture rental solution for homes and offices, including wide product selection, 3D visualizations, white-glove delivery and installation, flexible monthly plans, and rent-to-own options. The company launched its category-defining furniture rental solution in 2017 and expanded into a B2B offering, BureauOne, in May 2019 to convert FF&E into a utility for businesses. CasaOne says it has seen a rapidly growing portfolio of consumer and B2B clients and now operates in six U.S. markets (Chicago, New York, Los Angeles, Seattle, the San Francisco Bay Area, and Washington, D.C.). The business emphasizes technology for real-time inventory, supply chain, and large-format logistics to deliver fast SLAs. With the new financing, CasaOne plans to expand to new geographies, double down on engineering and technology hiring, and expand into adjacent product categories. The company also intends to launch London as its first international market in Q1 2020.