About Foodspring
Foodspring is a company based in Berlin (Germany) founded in 2013 was acquired by Mars in June 2019.. Foodspring has raised $33.63 million across 2 funding rounds from investors including Mars, Ringier and Fonterra. The company has 136 employees as of December 31, 2019. Foodspring offers products and services including Whey Protein, Vegan Protein, Protein Bar, and Energy Aminos. Foodspring operates in a competitive market with competitors including Baze, GymBeam, Vitafair, Cellavent and IVYBEARS, among others.
- Headquarter Berlin, Germany
- Employees 136 as on 31 Dec, 2019
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Sectors
Healthcare
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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
$2.21 B (USD)0as on Dec 31, 2019
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Net Profit
$-901.87 M (USD)0as on Dec 31, 2019
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EBITDA
$-901.54 M (USD)0as on Dec 31, 2019
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Total Equity Funding
$33.63 M (USD)
in 2 rounds
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Latest Funding Round
$27.08 M (USD), Series B
Mar 30, 2018
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Investors
Mars
& 5 more
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Employee Count
136
as on Dec 31, 2019
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Acquired by
Mars
(Jun 27, 2019)
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Products & Services of Foodspring
Foodspring offers a comprehensive portfolio of products and services, including Whey Protein, Vegan Protein, Protein Bar, and Energy Aminos. 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.
Protein powder supporting muscle growth and recovery.
Plant-based powder for vegan fitness and nutrition.
High-protein bar for energy and on-the-go consumption.
Amino acids aiding energy and workout performance.
Funding Insights of Foodspring
Foodspring has successfully raised a total of $33.63M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $27.08 million completed in March 2018. 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 2
- Last Round Series B — $27.1M
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First Round
First Round
(04 Apr 2017)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2018 | Amount | Series B - Foodspring | Valuation | Fonterra | |
| Apr, 2017 | Amount | Series A - Foodspring | 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 Foodspring
Foodspring has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Mars, Ringier and Fonterra. 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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Venture capital is provided to innovative startups by b2venture.
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Founded Year | Domain | Location | |
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Tech-focused investments are made in Southeast Asia and Europe startups.
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Founded Year | Domain | Location | |
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Media brands, sports platforms, and digital marketplaces are operated.
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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 Foodspring
| 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 - Foodspring
| 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 |
Foodspring Comparisons
Competitors of Foodspring
Foodspring 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 Baze, GymBeam, Vitafair, Cellavent and IVYBEARS, 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 |
Personalized vitamin supplements are provided based on biochemical tests.
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| domain | founded_year | HQ Location |
Nutrition drinks for fitness are branded and distributed by GymBeam.
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| domain | founded_year | HQ Location |
Healthcare supplements are retailed online for various medical needs.
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| domain | founded_year | HQ Location |
Nutritional supplements are sold via an online platform.
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| domain | founded_year | HQ Location |
Operates an online store for healthcare supplements.
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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 Foodspring
Frequently Asked Questions about Foodspring
When was Foodspring founded?
Foodspring was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Where is Foodspring located?
Foodspring is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of Foodspring?
Christian Bubenheim is the current CEO of Foodspring.
Is Foodspring a funded company?
Foodspring is a funded company, having raised a total of $33.63M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.55M, raised on Apr 04, 2017.
How many employees does Foodspring have?
As of Dec 31, 2019, the latest employee count at Foodspring is 136.
What is the annual revenue of Foodspring?
Annual revenue of Foodspring is $2.21B as on Dec 31, 2019.
What does Foodspring do?
Foodspring was founded in 2013 in Berlin, Germany, within the fitness food sector. Products including proteins, supplements, snack bars, muesli, and drinks are manufactured organically in Germany, with milk sourced from grass-fed cows. Operations focus on muscle building, weight loss, and healthy eating for athletes. Shipping is handled to Germany, the UK, Sweden, Denmark, the Netherlands, Belgium, and China.
Who are the top competitors of Foodspring?
What products or services does Foodspring offer?
Foodspring offers Whey Protein, Vegan Protein, Protein Bar, and Energy Aminos.