About Aarke
Aarke was founded in 2013 in Stockholm, Sweden, as a brand specializing in home appliances. Operations are centered on the development and sale of household products through its domain, aarke.com. The company is led by co-founder Carl Ljungh. Focus is placed on the consumer goods sector, with activities conducted primarily in Europe. Distribution occurs via online and retail channels to serve domestic markets.
- Headquarter Stockholm, Sweden
- Founders Carl Ljungh
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Aarke Ab
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Altor Equity Partners
(May 11, 2021)
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Funding Insights of Aarke
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aarke
Aarke has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Altor. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Altor is engaged in private equity investments across multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aarke
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Aarke
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aarke Comparisons
Competitors of Aarke
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Aarke
When was Aarke founded?
Aarke was founded in 2013.
Where is Aarke located?
Aarke is headquartered in Stockholm, Sweden.
What does Aarke do?
Aarke was founded in 2013 in Stockholm, Sweden, as a brand specializing in home appliances. Operations are centered on the development and sale of household products through its domain, aarke.com. The company is led by co-founder Carl Ljungh. Focus is placed on the consumer goods sector, with activities conducted primarily in Europe. Distribution occurs via online and retail channels to serve domestic markets.
Who are Aarke's investors?
Aarke has 1 investor. Key investors include Altor.
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