About Cholula
Cholula is a company based in Jersey City (United States) founded in 1989 was acquired by McCormick in November 2020.. Cholula operates in a competitive market with competitors including Heinz, Sir Kensington's, Cleveland Kitchen, Grillo's Pickles and Yellowbird, among others.
- Headquarter Jersey City, United States
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Sectors
Consumer
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Phone
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Website
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Funding Insights of Cholula
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Unspecified - Cholula | Valuation | Bryant Stibel |
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| 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 Cholula
Cholula has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include McCormick, Bryant Stibel and L Catterton. 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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Bryant Stibel is engaged in investment and partnership with entrepreneurial companies.
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L Catterton is recognized as a leading consumer-focused private equity group.
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Spices and seasonings are produced and branded by McCormick.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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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Investments & Acquisitions by Cholula
| 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 - Cholula
| 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 |
Cholula Comparisons
Competitors of Cholula
Cholula 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 Heinz, Sir Kensington's, Cleveland Kitchen, Grillo's Pickles and Yellowbird, 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 |
Heinz is recognized for producing condiments and packaged foods.
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| domain | founded_year | HQ Location |
Brand of ketchups, mayonnaise and sauces
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| domain | founded_year | HQ Location |
Provider of grocery and staples for consumers
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| domain | founded_year | HQ Location |
Pickles and condiments are produced and branded by Grillo's Pickles.
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| domain | founded_year | HQ Location |
Brand of sauces
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| domain | founded_year | HQ Location |
Gluten-free hot honey is produced and distributed nationwide and worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Cholula
Frequently Asked Questions about Cholula
When was Cholula founded?
Cholula was founded in 1989 and raised its 1st funding round 30 years after it was founded.
Where is Cholula located?
Cholula is headquartered in Jersey City, United States. It is registered at Jersey City, New Jersey, United States.
Who is the current CEO of Cholula?
Marlon Bolasingh is the current CEO of Cholula.
What does Cholula do?
Cholula was founded in 1989 and is based in Jersey City, United States. The company operates in the food and beverage sector, focusing on hot sauces available in flavors including original, green pepper, sweet habanero, chipotle, chili lime, and chili garlic. Products are primarily sold in the USA and UK via restaurants and online channels. Leadership is provided by CEO and President Marlon Bolasingh.
Who are the top competitors of Cholula?
Cholula's top competitors include Sir Kensington's, Heinz and Cleveland Kitchen.
Who are Cholula's investors?
Cholula has 3 investors. Key investors include McCormick, Bryant Stibel, and L Catterton.
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