Newell Brands
Newell Brands Raises $10B in Public
Quick Facts
Newell Brands Raises $10B in Public
Newell Brands has successfully raised $10B in a Public at a $12B valuation led by Public.
Company Overview
Newell Brands is a Consumer Goods company headquartered in 6655 Peachtree Dunwoody Road, Atlanta, GA 30328, founded in 1903 with 30000+ employees.
Consumer goods company
Fundraising Details
- Amount Raised: $10B
- Round Type: Public
- Valuation: $12B
- Date: 2024-01-01
- Investors: Public
About Newell Brands
Consumer goods company The company is positioned in the Consumer Goods sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 6655 Peachtree Dunwoody Road, Atlanta, GA 30328
- Founded: 1903
- Team Size: 30000+
- Industry: Consumer Goods
What This Means
This funding round demonstrates strong investor confidence in Newell Brands's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Consumer Goods sector continues to attract significant investment as companies innovate to meet evolving market demands. Newell Brands's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $12B valuation marks an important milestone for Newell Brands, positioning the company among notable players in the Consumer Goods industry.
Looking Ahead
With this new capital, Newell Brands is well-positioned to execute on its growth strategy and continue building innovative solutions in the Consumer Goods space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2024-01-01. For more information about Newell Brands, visit their headquarters at 6655 Peachtree Dunwoody Road, Atlanta, GA 30328.
About the Author
Related Company Reports
ConCntric Raises $10M in Series A
ConCntric, a PropTech company based in Austin, TX, has raised $10M in Series A at a $55M valuation led by Foundry Group, Fifth Wall.
Glue Raises $20M in Series A
Glue, a SaaS company based in San Francisco, CA, has raised $20M in Series A at a $100M valuation led by Kleiner Perkins, General Catalyst.
Glean Raises $260M in Series F
Glean, a AI/ML company based in Palo Alto, CA, has raised $260M in Series F at a $4.6B valuation led by Kleiner Perkins, Lightspeed, Sequoia.