Apeel

Goleta, United States Founded: 2012 • Age: 14 yrs
Plant-based coatings for extending produce shelf life are developed.
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About Apeel

Apeel is a company based in Goleta (United States) founded in 2012 by James Rogers.. Apeel has raised $890 million across 10 funding rounds from investors including Mirae Asset, International Finance Corporation and Gates Foundation. Apeel has completed 1 acquisition, including ImpactVision. Apeel offers products and services including Apeel Coatings. Apeel operates in a competitive market with competitors including Mori, Saveggy, Navork, AgroSustain and Agri-Neo, among others.

  • Headquarter Goleta, United States
  • Founders James Rogers
  • Stage Unicorn
  • Sectors
    Agriculture
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Agriculture → Agricultural Technology & Innovation
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $890 M (USD)

    in 10 rounds

  • Latest Funding Round
    $250 M (USD), Series E

    Aug 18, 2021

  • Investors
    Mirae Asset

    & 22 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Apeel

Apeel offers a comprehensive portfolio of products and services, including Apeel Coatings. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Edible coatings that extend produce shelf life and reduce waste.

Funding Insights of Apeel

Apeel has successfully raised a total of $890M across 10 strategic funding rounds. The most recent funding activity was a Series E round of $250 million completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 10
  • Last Round Series E — $250.0M
  • First Round
  • Investors Count 23
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2021 Amount Series E - Apeel Valuation Temasek
Oct, 2020 Amount Series D - Apeel Valuation IFC , Astanor
Jun, 2020 Amount Series D - Apeel Valuation

investors

GIC
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Apeel

Apeel has secured backing from 22 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Mirae Asset, International Finance Corporation and Gates Foundation. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
An investment platform is provided for diverse sectors and geographies.
Founded Year Domain Location
Private investment firm focused on multiple sectors
Founded Year Domain Location
Sovereign wealth is managed and private equity investments are facilitated.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Apeel

Apeel has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ImpactVision. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Integrated platform for taking hyperspectral images of food produce and content analysis
2015
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Apeel

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Apeel Comparisons

Employees
+
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Competitors of Apeel

Apeel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mori, Saveggy, Navork, AgroSustain and Agri-Neo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
A natural protective solution for food is provided by Mori.
domain founded_year HQ Location
Fruits and vegetables are distributed by Saveggy in Sweden.
domain founded_year HQ Location
Developer of nano-based materials aiming to improve shelf life of farm produce
domain founded_year HQ Location
Developer and supplier of organic shelf-life enhancers
domain founded_year HQ Location
Organic pasteurization technology for food products is provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Apeel

Frequently Asked Questions about Apeel

When was Apeel founded?

Apeel was founded in 2012.

Where is Apeel located?

Apeel is headquartered in Goleta, United States. It is registered at Goleta, California, United States.

Who is the current CEO of Apeel?

James Rogers is the current CEO of Apeel. They have also founded this company.

Is Apeel a funded company?

Apeel is a funded company, having raised a total of $890M across 10 funding rounds to date. The company's 1st funding round was a Series D of $250M, raised on Jun 01, 2012.

What does Apeel do?

Apeel was founded in 2012 and is headquartered in Goleta, United States. Operations focus on the agricultural technology sector, where discarded plants are processed to create biological coatings. These materials, derived from peels, seeds, and pulp of fruits and vegetables, are applied pre-harvest to shield against stresses and post-harvest to seal in moisture while blocking oxygen, thereby extending shelf life.

Who are the top competitors of Apeel?

Apeel's top competitors include Mori, AgroSustain and Saveggy.

What products or services does Apeel offer?

Apeel offers Apeel Coatings.

How many acquisitions has Apeel made?

Apeel has made 1 acquisition, including ImpactVision.

Who are Apeel's investors?

Apeel has 22 investors. Key investors include Mirae Asset, International Finance Corporation, Gates Foundation, Temasek, and The Rock Creek Group.

What is Apeel's valuation?

The valuation of Apeel is $2B as of Aug 2021.

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