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Best Buy

Best Buy

Public

Best Buy is now publicly traded

The data on this page reflects Best Buy's private-market history up to the point it went public, including its funding rounds, valuation, and investors.

Last Round

Seed

May 25, 2023

Total Funding Raised

$3M

Company Overview

Best Buy Co., Inc. is an American multinational retailer of consumer electronics headquartered in Richfield, Minnesota. Founded in 1966 by Richard M. Schulze and James Wheeler as an audio specialty store named Sound of Music, the company was rebranded to Best Buy in 1983 with a focus on a wider range of consumer electronics. As the largest specialty retailer of consumer electronics in the U.S., Best Buy operates over 1,000 stores in North America and provides products and services through its stores, website, and in-home consultations. Its subsidiaries include Geek Squad, Magnolia Audio Video, and Pacific Sales. The company is publicly traded on the New York Stock Exchange under the ticker symbol BBY.

AI Layer

Non-AI

Keywords

omnichannel consumer electronics retailconsumer electronics and appliance salesGeek Squad tech support and installationin-home technology servicesB2B technology solutions for business and educationpaid retail membership programretail media network (Best Buy Ads)third-party electronics marketplacehealth and wellness technology devicessenior-focused health technology services

Best Buy Comparables

Compare Best Buy with similar companies based on industry and business-model similarity.

Best Buy comparables — related companies by embedding similarity
CompanySimilarityMarket Cap

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Best Buy Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedMay 25, 2023

Best Buy Investors

Notable investors and investment history

Best Buy investors
InvestorRounds
Pioneer FundSeed
Y CombinatorSeed
Cathexis VenturesSeed
7G BioventuresSeed

Best Buy Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Best Buy Filings

SEC and related filings with document metadata.

Firmographic Details

Headquarters
Employee Range74,888
Year Founded1966
Last FundingMay 25, 2023

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