About Frutarom
Frutarom is a company based in Haifa (Israel) founded in 1933 was acquired by IFF in May 2018.. Frutarom has completed 36 acquisitions, including AB-Fortis, AMcO and Algalo.
- Headquarter Haifa, Israel
- Stage Public
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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
*********
- Legal Name Taaja Flavours Private Limited
- Date of Incorporation 08 Feb, 2013
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$37.51 (USD)-95.8as on Mar 31, 2020
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Net Profit
$-50.52 K (USD)15.75as on Mar 31, 2020
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EBITDA
$-49.75 K (USD)17.32as on Mar 31, 2020
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Latest Funding Round
$20.83 M (USD), Debt – Conventional
Jan 25, 2018
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Investors
IFF
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
AB-Fortis
& 35 more
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Acquired by
IFF
(May 07, 2018)
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Software Development Team
142 people
Leadership Team
89 people
Sales and Marketing
48 people
Senior Team
47 people
Product Management Team
31 people
Creative and Marketing Team
26 people
Human Resources and Administration
24 people
Global Team
22 people
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Funding Insights of Frutarom
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $20.8M
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First Round
First Round
(25 Jan 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Debt – Conventional - Frutarom | 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 Frutarom
Frutarom has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include IFF and Leumi UK. 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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Banking and financial services are offered by Leumi UK.
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Founded Year | Domain | Location | |
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IFF is recognized as a global leader in flavors, fragrances, and biosciences.
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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 Frutarom
Frutarom has strategically engaged in corporate development activities, having acquired 36 companies. Notable acquisitions include AB-Fortis, AMcO and Algalo. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Syrups and extracts are branded and supplied by Flavorspecialties.
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2016 | ||||
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Microalgae are cultivated and processed for industrial ingredients in Israel.
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2011 | ||||
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Internet services are delivered to clients across various sectors.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Frutarom
| 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 |
Frutarom Comparisons
Competitors of Frutarom
| 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 Frutarom
Frequently Asked Questions about Frutarom
When was Frutarom founded?
Frutarom was founded in 1933 and raised its 1st funding round 85 years after it was founded.
Where is Frutarom located?
Frutarom is headquartered in Haifa, Israel. It is registered at Haifa, Haifa District, Israel.
What is the annual revenue of Frutarom?
Annual revenue of Frutarom is $37.51 as on Mar 31, 2020.
What does Frutarom do?
Frutarom is a flavor and fine ingredients company and is numbered among the ten leading companies in the world, in the field of flavors and fragrances. It creates, develops, manufactures and markets an extensive variety of high quality flavors and fine ingredients for customers in the food, beverage, functional food, flavor, fragrance, pharmaceutical, nutraceutical, and cosmetic industries. It markets and sells over 60,000 products to more than 28,000 customers in 150 countries, has 27 RandD labs and 45 sales and marketing offices throughout the world and operates 20 production facilities in Europe, North America, Israel and Asia. Frutarom employs 1,500 employees worldwide.