About baresop
baresop is a company based in Melbourne (Australia) founded in 2018 by Prisca Ongonga Daehn.. baresop has raised $315.4 thousand across 3 funding rounds from investors including Amazon, Alita Sales and Startmate. baresop offers products and services including Hand Wash Refill Sachet, Hand Wash Starter Kit Duo, Body Wash Refill Sachet, and Body Wash Starter Kit Duo. baresop operates in a competitive market with competitors including Go-to, Conserving Beauty, ReMI Beauty, Naked Sundays and Bangn Body, among others.
- Headquarter Melbourne, Australia
- Founders Prisca Ongonga Daehn
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Sectors
ConsumerHealthcare
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$315.4 K (USD)
in 3 rounds
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Latest Funding Round
$240.4 K (USD), Seed
Jun 27, 2023
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Investors
Amazon
& 2 more
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Employee Count
Employee Count
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Products & Services of baresop
baresop offers a comprehensive portfolio of products and services, including Hand Wash Refill Sachet, Hand Wash Starter Kit Duo, Body Wash Refill Sachet, and Body Wash Starter Kit Duo. 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.
Concentrated sachet for refilling hand wash to minimize plastic use.
Kit with sachets and bottles for initial hand wash setup.
Refill sachet for body wash to support eco-friendly practices.
Starter kit including sachets and bottles for body wash.
Funding Insights of baresop
baresop has successfully raised a total of $315.4K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $240.4 thousand completed in June 2023. 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 Funding
- Total Rounds 3
- Last Round Seed — $240,402
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First Round
First Round
(16 Jun 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - baresop | Valuation |
investors |
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| Oct, 2021 | Amount | Seed - baresop | Valuation | Startmate |
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| Jun, 2021 | Amount | Grant - baresop | Valuation |
investors |
| 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 baresop
baresop has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Amazon, Alita Sales and Startmate. 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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Startmate is recognized as a leading startup accelerator in ANZ.
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Founded Year | Domain | Location | |
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Offers sales, distribution, and marketing services for health and beauty brands in pharmacies.
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Founded Year | Domain | Location | |
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Multi-category products are offered through an online marketplace.
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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 baresop
| 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 - baresop
| 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 |
Baresop Comparisons
Competitors of baresop
baresop 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 Go-to, Conserving Beauty, ReMI Beauty, Naked Sundays and Bangn Body, 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 |
Skincare products are offered by Go-To, an internet-first brand.
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| domain | founded_year | HQ Location |
Organic skincare products are offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Skincare products including moisturizing stones are offered online.
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| domain | founded_year | HQ Location |
Multi-category organic skincare products are offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Offers natural firming lotions, balms, and exfoliators for skin care.
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| 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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Latest news on Baresop
Frequently Asked Questions about baresop
When was baresop founded?
baresop was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is baresop located?
baresop is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Is baresop a funded company?
baresop is a funded company, having raised a total of $315.4K across 3 funding rounds to date. The company's 1st funding round was a Grant of $153.87K, raised on Jun 16, 2021.
What does baresop do?
Baresop was founded in 2018 in Melbourne, Australia, as an internet-first brand in the personal care sector. Plant-based hand and body powder concentrate sachets are provided, formulated from vegan and cruelty-free ingredients. Refillable bottles are included to reduce plastic waste. Operations focus on direct-to-consumer sales through the companys domain, baresop.com, with leadership by founder Prisca Ongonga Daehn.
Who are the top competitors of baresop?
baresop's top competitors include Naked Sundays, Go-to and ReMI Beauty.
What products or services does baresop offer?
baresop offers Hand Wash Refill Sachet, Hand Wash Starter Kit Duo, Body Wash Refill Sachet, and Body Wash Starter Kit Duo.
Who are baresop's investors?
baresop has 3 investors. Key investors include Amazon, Alita Sales, and Startmate.