Geia Food

Aalborg, Denmark Founded: 2014 • Age: 12 yrs Acquired By Triton Partners
Multi-category food products are distributed across various segments.

About Geia Food

Geia Food is a Consumer company based in Aalborg (Denmark) founded in 2014, and was acquired by Triton Partners in April 2021. Multi-category food products are distributed across various segments. It operates in the Consumer and Retail sectors. Geia Food has raised $52.75 million across 2 funding rounds from investors including Triton Partners and Credo Partners. The company has 132 employees. Geia Food has completed 2 acquisitions, including LupaFoods and Topfoods. Its chief executive, as recorded, is Claus Ravnsbo. Geia Food offers products and services including Food Development Services and Product Sourcing. Its focus areas include Food and Agriculture, Food Distributors, Multi Category and Food Retailers. Its legal entity is Geia Group.

Company details

Geia Food was founded in 2014 in Aalborg, Denmark, and operates as a distributor in the food sector. A wide range of categories, including frozen and chilled foods, groceries, and beverages, is handled by the company. Operations focus on product innovation, operational simplification, and category profitability enhancement. Leadership is provided by CEO Claus Ravnsbo, supporting business partnerships in the region.

  • Headquarters Aalborg, Denmark
  • Employees 132
  • Stage Acquired
  • Sectors
    Consumer
    Retail
  • Email
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  • Phone
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  • Website geiafood.com
  • Social LinkedIn
  • Acquired by Triton Partners (Apr 2021)
  • Legal Name Geia Group
Key Metrics
  • Annual Revenue
    $299.67 M (USD)
    11
    as on Dec 31, 2023
  • Net Profit
    $7.51 M (USD)
    26
    as on Dec 31, 2023
  • EBITDA
    $10.19 M (USD)
    34
    as on Dec 31, 2023
  • Total Equity Funding
    $52.75M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.2M (USD), Seed

    Apr 2023

  • Investors
  • Employee Count
    132
  • Investments & Acquisitions
    LupaFoods

    & 1 more

  • Acquired by
    Triton Partners

    & 1 more

    (Apr 2021)

Products & Services of Geia Food

Geia Food offers a comprehensive portfolio of products and services, including Food Development Services and Product Sourcing.

Food Development Services
Innovation Consulting

Offers expertise in food recipes and quality assurance for partners

Product Sourcing
Supply Chain

Manages sourcing of dairy, poultry, and beverages efficiently

Funding Insights of Geia Food

Geia Food has successfully raised a total of $52.75M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.2 million completed in April 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 $52.75M
  • Total Rounds 2
  • Last Round Seed β€” $2.2M
  • First Round $50.56M

    (Jun 2021)

All 2 funding rounds of Geia Food with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2023$2.2MSeed––
–
Jun 2021$50.56MSeed––
–
Valuation history

2 investors in total: 2 institutional.

Investors in Geia Food

Geia Food has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Triton Partners and Credo Partners.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity and debt fund focused on service, healthcare, consumer, and industrial sectors
1997triton-partners.comLondon, United Kingdom
Credo Partners is engaged in scaling founder-led Scandinavian companies.
credopartners.noOslo, Norway
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People of Geia Food

29 people are tracked at Geia Food (9 in leadership, 20 in team); the tracked headcount is 132.

NameRoleGroup
Claus Ravnsbo
CEOLeadership
Jan Kåre Midthjell
Managing DirectorLeadership
Tobias Grønsdal
Head Of SalesLeadership
Jesper Malm
Head Of SalesLeadership
Morten Staugaard Pedersen
Head Of SalesLeadership
Christopher Myhre
Head Of SalesLeadership
Mads Carlsen
Head Of Sales Out Of HomeLeadership
Lasse Bekken
Head Of Supply ChainLeadership
Henrik Færch
Group Supply Chain DirectorLeadership
Jens Henrik Aavang
Product Sourcing ManagerTeam
Merete Landry Lynge
ESG ManagerTeam
Lærke Boye
Supply Chain CoordinatorTeam
Anette Toft
Export Area Sales ManagerTeam
Niels Gyldenkærne
Sales ManagerTeam
Jacob Dyg Pazdecki
Field Sales ManagerTeam
Hanja Shah
Supply Chain CoordinatorTeam
Rasmus Davidsen Rejnhardt
Group Strategy And M&a OfficerTeam
Clara Holmström
Account ManagerTeam
Kristoffer Dehli
Product Sourcing Manager - Dry GroceriesTeam
Kaja Vang Jensen
Business Unit Sales Manager - RetailTeam

9 more people are available in the full profile.

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Investments & Acquisitions by Geia Food

Geia Food has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include LupaFoods and Topfoods.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Frozen ready meals are branded and distributed by LupaFoods.
lupafoods.comNewbury, United Kingdom1999Jan 2025β€’β€’β€’β€’
Online recipes and food products with nutritional details are discovered.
topfoods.fiNaantali, Finland2008Mar 2023β€’β€’β€’β€’
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  • Exports

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Timeline of Geia Food

7 dated milestones of Geia Food across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Geia Food is founded.
  2. Exit Acquired by Credo Partners.
  3. Exit Acquired by Triton Partners.
  4. Funding First funding round of $50.6M.
  5. Acquisition Acquires Topfoods.
  6. Funding Latest funding round, Seed, of $2.2M.
  7. Acquisition Acquires LupaFoods.
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Related news about Geia Food

Geia Food’s Acquisition of Lupa Foods
Globallegalchronicle β€’ 1 year ago
Geia Food acquires Topfoods
Vendingtimes β€’ 3 years ago
Triton To Acquire Geia Food
Triton-Partners β€’ 5 years ago
Triton Completes Acquisition Of Geia Food
Triton-Partners β€’ 5 years ago
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Frequently Asked Questions about Geia Food

Geia Food was founded in 2014 and raised its 1st funding round 7 years after it was founded.

Geia Food is headquartered in Aalborg, Denmark.

Claus Ravnsbo is the CEO of Geia Food, as recorded in our data.

Geia Food is a funded company, having raised a total of $52.75M across 2 funding rounds to date. The company's 1st funding round was a Seed of $50.56M, raised on Jun 2021.

Geia Food has 132 employees.

Annual revenue of Geia Food is $299.67M as on Dec 31, 2023.

Geia Food was founded in 2014 in Aalborg, Denmark, and operates as a distributor in the food sector. A wide range of categories, including frozen and chilled foods, groceries, and beverages, is handled by the company. Operations focus on product innovation, operational simplification, and category profitability enhancement. Leadership is provided by CEO Claus Ravnsbo, supporting business partnerships in the region.

Geia Food offers Food Development Services and Product Sourcing.

Geia Food has made 2 acquisitions, including LupaFoods, and Topfoods.

Geia Food has 2 investors. Key investors include Triton Partners, and Credo Partners.

Geia Food operates through Geia Group.

Yes. Geia Food was acquired by Triton Partners in April 2021.

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