About BackWerk
BackWerk is a company based in Essen (Germany) founded in 2001 was acquired by Valora in September 2017.. BackWerk operates in a competitive market with competitors including YUM! Brands, Lieferheld, Gustoso Group, Miss Pepper and ESSBAHN, among others.
- Headquarter Essen, Germany
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Sectors
RetailConsumer
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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 Backwerk Management Gmbh
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Funding Insights of BackWerk
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 BackWerk
BackWerk has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include EQT and Valora. 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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EQT is recognized as a global investment organization focused on value creation.
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Food and convenience concepts are provided at various sales outlets.
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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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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BackWerk
| 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 - BackWerk
| 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 |
Backwerk Comparisons
Competitors of BackWerk
BackWerk 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 YUM! Brands, Lieferheld, Gustoso Group, Miss Pepper and ESSBAHN, 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 |
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Restaurants chains
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Multiple dishes are served by Lieferheld restaurant.
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A chain of restaurants is operated in Germany.
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American diner serving burgers, fries, fish specials, and desserts via app and locations.
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A limited-service food chain serving a variety of dishes and drinks.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about BackWerk
When was BackWerk founded?
BackWerk was founded in 2001.
Where is BackWerk located?
BackWerk is headquartered in Essen, Germany. It is registered at Essen, North Rhine-westphalia, Germany.
Who is the current CEO of BackWerk?
Karl Brauckmann is the current CEO of BackWerk.
What is the annual revenue of BackWerk?
Annual revenue of BackWerk is $58.02M as on Dec 31, 2016.
What does BackWerk do?
BackWerk is a German self-service bakery chain. It is considered that BackWerk is the inventor of the concept of self-service bakery. It is a franchise Backwerk Management GmbH. Along with a wide selection of baked goods, they offer pre-baked goods too. Products include different varieties of bread, buns, pastries, snacks and drinks with a total of about 200 different products. They claim to serve more than 6 million customers every month. The first bakery opened in 2001 and by 2013, they opened in 300 more locations. These stores are run by franchise partners. In 2014, EQT took a majority stake in the company. It has won numerous awards, the recent being Austrian Franchisor of the Year in 2013.
Who are the top competitors of BackWerk?
BackWerk's top competitors include YUM! Brands, Lieferheld and Gustoso Group.
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